Midland Housing Ltd are proud to present this successfully running grilled food eatery situated on the main Stratford Road of Birmingham. The business approximately has a monthly turnover of £10,000 during the summer period and approximately £8,000 during winter periods. The parlour has the potential to become a wedding hall / restaurant chain 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 banquetting hall, restaurant chain, wedding hall and many more. There are parking spaces outside the shop, and the shop is located in a busy parade on the main Stratford Road in the Balti Triangle. The property is first floor and has spacious floor area of approximately 2500 sq ft with modernised w/c and a large open plan kitchen. The business has excellent opportunity to progress on return. It would be ideal opportunity as a restaurant / or steakhouse 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 Grilled Food Eatery

• Based on First Floor

• Located on busy parade 

• Massive scope for increased profits

• Business rates relief applicable

• A3 already in place

 

Key Features

• First floor shop

• Parking available directly outside

• 2500 SQ FT

• Has a Open Plan Kitchen and W.C

• All Fittings Provided Too

• Refurbished

 

Location

The property is situated on the Stratford Road, Sparkhill in a mixed business and residential location approached from the main Stratford Road (A34), Warwick Road (A41), 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 Stratford Road and is a Spacious Detached building leading onto a local park.

 

Rents and Rates

Price is £1200PCM + Vat for rent and rates and may be eligible for small businesses rate relief 

£40,000 goodwill (negotiable)

 

Business Opportunity

There is also a possibility of an interested party to take over the ground floor and first floor of these premises. Please speak to the office for further information.

 

Trading Hours 

Monday-Friday 5pm-1am 

Saturday-Sunday 2pm - 2am 

 

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 and seating equipment. 

 

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