Property description
**COMMERCIAL**A POTENTIALLY HIGHLY PROFITABLE BUSINESS FOR SALE ** LOCATED IN BALSALL HEATH WITHIN THE BALTI TRIANGLE – FULLY SET UP AND READY TO START – EXCELLENT LOCATION – POTENTIAL DINER & TAKE AWAY WITH A SHEESHA LOUNGE TO REAR – CALL NOW**
Midland Housing Ltd are very proud to present this excellent business opportunity located in the highly populated location of B12 on Brighton Road which is just off the main Moseley Road. It is a very well presented and newly renovated Diner and Take-away. The property has been refurbished and decorated to a good standard. It is a ground floor premises with a seating area, stainless steel counter, board menu on wall, toilets area and spacious kitchen area. The business itself was previously trading however due to a geniune unforseen reasons it has become available on the market. The business has a sheesha lounge to rear which can bring in a potential client base; this also available on the market. A great opportunity has arisen for the right person to take over and maximise a return on investment and increase profits. VIEWINGS ARE HIGHLY RECCOMMENDED – CALL NOW ON 0121 773 5500.
EAT IN OR TAKEAWAY DINER + SHEESHA LOUNGE – JUST OFF MAIN MOSELEY ROAD
Custom built with an outstanding reputation
Established and highly reputed business
Well appointed and presented throughout
Early viewing essential to fully appreciate
Situated just off the main Moseley Road
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 diner and lounge can offer a high annual turnover which is derived from offering a popular menu and opening vary from 12pm till 2am. 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 Diner and Take-away
• Successfully running business
• Sizes approx 1500 sq ft
• Sheesha Lounge
• Located just off main high street
• Massive scope for increased profits
• Premium/goodwill required
• Internal seating area
• Newly Refurbished – customised decor
Key Features
•A3 License
• Late Night Opening License
• 45+ Seating Area
• Parking Facilities
• Spacious kitchen area
• Double Fronted
• High quality machinery including fryers, display units, microwaves, work units and chillers
Location
This superb eatery has an ideal location situated on the border of Moseley / Balsall Heath just of the main high street. The business is well positioned in commercial area surrounded with a wealth of complementary businesses, large supermarkets and variety of shops creating a high amount of passing trade. Moseley 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 £400 per calendar week
Good Will: £10,000 (negotiable) Restaurant Front & Lounge: £70,000 (negotiable)
Planning
The property is considered suitable for A1 and A3. 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 an Diner and Takeaway which has an excellent review and customer base. There is a massive scope for increased profits by offering alternative food choices, desserts and specialist foods such as pizza, longer opening hours can also benefit.
Tenure
The accommodation is available by way of a new lease.
There is currently 7 years remaining to the current business lease with extremely favourable terms to the tenant.
Premium
£10,000 + £70,000 including all fixtures and fittings
(Please note this is negotiable or to the nearest offer)
Viewings
Available immediately upon request – call now on 0121 773 550
Property Features :
- Shop To Rent
- Approx 1500 SQ FT
- A3 License
- Potential Restaurant / Takeaway
- Late Night Opening License Too
- Double Fronted / Car Parking Facilities
- Sheesha Lounge To Rear
- Sheesha Lounge Goodwill - £70,000