>>ASKING PRICE FOR GOODWILL HAS BEEN REDUCED FOR A QUICK SALE<< Midland Housing Ltd are proud to present this successfully running dessert parlour situated on the main Ladypool Road of Birmingham. The business approximately has a weekly turnover of £5000 during the summer period and approximately £4000 during winter periods. The parlour has the potential to become a takeaway /baguette bar as it is on a very busy road. The shop is extremely roomy, refurbished and available immediately. The shop currently has an A3 licence planning, there are many uses for this premises such as a baguette bar, convenience store, bakery, boutique and many more. There are parking spaces outside the shop, and the shop is located in a busy parade on the main Ladypool Road in the Balti Triangle. The property has spacious floor area and has large first floor hall, a w/c on ground floor and a small kitchen. The business has excellent opportunity to progress on return. It would be ideal opportunity as a baguette bar / convenience store which will have a regular customer base. There are a few famous restaurants and many stores nearby too. To arrange a viewing contact a member of staff on 0121 773 5500!!

 

Commercial Information

• Successfully Running Dessert Parlour

• Based on Ground and First Floor

• Located on busy parade 

• Massive scope for increased profits

• Business rates relief applicable

• A3 already in place

 

Key Features

• Ground floor shop

• Parking available on the street directly outside

• Flexible lease terms available 

• Has a Kitchen and W.C

• All Fittings Provided Too

• Refurbished

 

Location

The property is situated on the Ladypool Road, Balsall Heath in a mixed business and residential location approached from the main Stratford Road (A34), Alcester Road South/Moseley Road (A435), which is easily accessible from M6, M5 and M42 on the motorway. It is located south to the Birmingham City Centre in an established location upon the all famous Balti Triangle. It is placed ideally for all communications in the local area. There are a lot of local businesses and residential homes within walking distance proving to be an excellent location for passing by trade as well as a great potential to be the local convenience store. It is located On the main Ladypool Road and is a End-Terraced building leading onto a local park.

• Shop Floor approx 100 sq meters 

• Stock Room/Kitchen Area 30 sq meters 

• Further room on mezzanine 

 

Rents and Rates

Price is £1500PCM for rent and rates and may be eligible for small businesses rate relief 

£20,000 goodwill (negotiable)

 

Business History 

This is a unique franchised business - established for over a decade now. It enjoys a strong reputation for making the best milkshakes and waffles in the local community. The business has loyal customer base which is steadily growing. Sales go up dramatically when deliveries are offered - and have proved to be very popular. 

 

This business specialises in 

Pick & Mix Sweets (sold by weight) 

American confectionary 

Waffle Desserts 

Amazing Milkshakes (unique recipes) 

Moevenpick® Ice-cream (World renowned quality hand-scooped ice cream) 

Cookie dough 

Crepes etc etc 

 

Training 

The new purchaser will be given full support and training by the existing owner and support from the franchisor could also be arranged. All essential knowledge such as supplier information and other operational knowledge will be shared. As well as development ideas that the owners weren't able to execute. 

 

Staff 

There are currently 6 staff (one manager, two chefs 3 sales assistants) they run the shop themselves with the owners only getting involved with suppliers. At the beginning of the week the Manager will make a rota and send it to the owners. The owners assert that it is really easy to run the shop and new staff can be shown what to do within a day’s training. However the existing staff will be there to support the new owners. 

 

Trading Hours 

Monday-Friday 5pm-1am 

Saturday-Sunday 2pm - 2am 

 

Franchise 

The new purchaser will be allowed to continue the use of the name and negotiate franchise fee to the owner or use their own name. The new purchaser may consider simply changing the name of the shop and signage and this is something The Business Consultancy can help with or negotiate a franchise fee and terms with current chain owner 

 

Fixtures & Fittings 

The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price such as all shelving, aisle displays along with the following: 

Coke Drinks fridge x2 (in new condition) 

Branded Moevnpick® Ice-cream Display Freezer (bought for £1600+vat) 

Blenders x2 

Professional Waffle Maker x 2 

State of the art CCTV (worth over £3000 remote login to keep eye on staff) 

Loads of movenpick point of sale merchandise 

Outdoor cafe style parasols 

 

Planning

The property is considered suitable for A3. All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use.

 

Tenure

The accommodation is available by way of a new lease on flexible terms

The Landlord may consider the following: 

1) A periodic tenancy subject to six months notice by either party, or 

2) A Tenancy for a term of three years less one day, or 

3) A five-year lease. 

 

Viewings

Available immediately upon request – call now on 0121 773 5500