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Restaurant Kings Heath Birmingham

Kings Heath, West Midlands
Status
FOR SALE
Advert ID
186263
Reference
11082 / Rightbiz
Leasehold Price: £34,950
Annual Turnover: £156,000

Newly opened restaurant in Kings Heath town centre for sale currently operating as an Indian restaurant just off the High St in an excellent road with other shops and restaurants in a good residential area south of Birmingham. The business is operated from corner premise with front restaurant area and bar with 40 covers rear fully fitted and equipped kitchen useful cellar and store and ladies & gents WC’s with covered space outside for more seating in the summer & a garage. Takings average £4,000 per week with a gross profit yield in the region of 65% operating evenings only. The property is secured on a 15 year lease with a rent of £15,000 per year. The business has only been operating since November 2016 and has potential income of £5,000 per week in an enterprising new owners hands. The current owner who works with a chef and a front of house both who would stay on in the event of a sale has other business interests that he must look after. Great opportunity.

Listing Details
Location: Kings Heath, West Midlands
Sector: Indian Restaurants, Chinese Restaurants, Restaurants
Key Features
  • Town Centre location
  • Offers Invited
  • Price Reduced
  • Fully Fitted
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Advert Reference: 11082 / Rightbiz

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