Detached house to rent in Alfred Street Sparkbrook Birmingham B12

Rent: £650 pw

Alfred Street Balsall Heath Birmingham, B12 8JJ

Detached
-- Bed(s)
-- Bath(s)
Available

 81 Stoney Lane, Balsall Heath, Birmingham, West Midlands
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Street Address

Alfred Street Balsall Heath Birmingham, B12 8JJ

Property description

**COMMERCIAL**A HIGHLY PROFITABLE BUSINESS FOR SALE ** JUST OFF STRATFORD ROAD & LADYPOOL ROAD – FULLY SET UP AND RUNNING – BANQUETING & POTENTIAL RESTAURANT – CALL NOW 0121 773 5500**
 
Midland Housing Ltd are very proud to present this excellent business opportunity located in the highly populated location of B12 on the Stoney Lane, Balsall Heath. It is a very well presented and newly renovated Banqueting Hall and Potential Restaurant. The property is decorated very uniquely and is very pleasant to the eye. It is a ground floor premises with a large high quality seating area, car park available, luxury entrance and spacious kitchen area. The business itself has been trading for just under a year and is expected to build an excellent rapport and client base (looking to sell due to personal circumstances and other commitments). A great opportunity has arisen for the right person to take over and maximise a return on investment and increase profits. The property also benefits from also having two floors for Banqueting available. VIEWINGS ARE HIGHLY RECCOMMENDED – CALL NOW ON 0121 773 5500.
 
BANQUETING HALL & POTENTIAL RESTAURANT – JUST OFF STRATFORD & LADYPOOL ROAD
Custom built with an outstanding reputation 
Established and highly reputed business 
Well appointed and presented throughout 
Early viewing essential to fully appreciate 
Excellently situated
Business rates relief applicable 
Scope for further development 
Genuine reason for sale 
Open to sensible offers 
 
Our clients are reluctantly offering the business to the market due to genuine personal circumstances. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that this Banqueting Hall can offer a high annual turnover which is derived from offering a fantastic experience. This is a superb opportunity to purchase an established business, which is a great base to build upon; early viewings are highly recommended as businesses of this calibre rarely stay on the market for long.
 
Commercial Information
Established Luxury Banqueting Hall & Potential Restaurant 
Successfully running business
Spacious Property
Unique Internal seating area
Located just off main Stratford & Ladypool Road
Massive scope for increased profits
Premium/goodwill required
Great Potential
Newly Refurbished – customised decor
 
Key Features
Two floors available
Luxury decoration
Authentic seating
Large reception area
Spacious kitchen area
All fittings for a banqueting hall
High quality design
 
 
Location
This superb hall has an ideal location situated in the well sought after area of Balsall Heath just off the main Stratford Road and Ladypool Road. The business is well positioned in the well known balti triangle near to large supermarkets and variety of shops creating a high amount of passing trade. Balsall Heath has become a very desirable business location due to its excellent shopping facilities, good schools, parks, central network access and amazing prospects. This is a highly recommended location for those who are looking for the city life style with a growing business.
 
Rents and Rates
Rental Price is £650 per calendar week
Good Will: £75,000 o.n.o. 
 
Planning
The property is considered suitable for use as a banqueting hall but also has planning for a restaurant on the ground floor. All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use.
There is a great deal of potential in the property and can be used for many trades. The current business is a large Banqueting Hall which has an excellent review and customer base. There is a massive scope for increased profits by offering alternative experiences to the cliental.
 
Tenure
The accommodation is available by way of a new lease.
 
Premium
£75,000 including all fixtures and fittings 
 (Please note this is negotiable or to the nearest offer)
 
Viewings
Available immediately upon request – call now on 0121 773 5500

Property Features :

  • Established Banqueting Hall
  • Planning Approved For Restaurant
  • Seates 280 People
  • Unique Interior
  • Successfully Running Business
  • Located Just of Stratford Road & Ladypool Road
  • Newly Refurbished
  • Great Potential
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