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Top Class Restaurant in Moseley, Birmingham

Birmingham, West Midlands
Leasehold Price:
£280,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
231604
Reference
restmoseKS / Rightbiz

Details

Enjoying all the considerable commercial advantages of its prime and much sought after position among other numerous complementary outlets in an attractive and fashionable area of Birmingham, this very well-established concern has earned itself a priceless reputation with visitors and locals alike for its quality of food, ambience and friendly service in the course of 15 years highly successful trading. 

The business primarily offers a full and varied menu of classic European Cuisine, prepared freshly to order, in its open-facility kitchen and served in the very pleasant surroundings of a tastefully-furnished and appointed in-house dining area which may accommodate some 70 covers in style and comfort.

“The Business” has recently had a refurbishment and an establishment of this kind, with a strong and established regular local customer base drawn from a wide surrounding catchment area combined with the volume of year- round passing trade generated by such a high profile position, results in consistent levels of turnover and profitability.

The additional fact that a full and valuable inventory of all the modern well-maintained catering and ancillary fixture and fittings necessary for the successful operating of the business is to be included in the sale price helps to make this a truly comprehensive commercial package which ought not to be missed!!

The business is run at present by the owners who have maintained and developed an excellent reputation and high degree of goodwill over the years, with the aid of an experienced and motivated team of full- and part- time assistants who would be an asset to any purchaser.  This would present a marvellous opportunity for anyone with an appropriate catering or management background seeking an extremely well-located, superbly equipped and local going concern, operating in a popular and diverse service sector of consistent high demand.

The business is also one which occupies super premises which would be eminently adaptable to any number of other potentially lucrative licensed, dining and hospitality styles.  It would naturally furnish any enthusiastic purchaser with ample scope for continued growth and increased profitability, not least with regard to a degree of menu expansion, the introduction of wines and spirits, operating significantly extended daytime hours in order to exploit local demand and to generally adopting a more vigorous marketing policy for its excellent existing facilities and services.

We would therefore unreservedly recommend a viewing of a stunning commercial proposition of uncommon quality and real further development potential which only comes onto the market due to an impending Semi-Retirement and one which has consequently been very sensibly priced to ensure the earliest possible sale.

Current weekly takings up to £14000 per week with profits and scope to increase.

Lease: The premises are being offered with the benefit of a existing 10 year lease.  Rent amounts to £24000 per annum. 

Business Rates:  The business rates are £10750 per annum.

Trading 7 days a week!

 

Listing Details
Leasehold Price: £280,000
Tenure: Leasehold
Sector: Restaurants
Financials
Annual Net Profit: Available upon request
Key Features
  • Town Centre location
  • Close to Local Amenities
  • Prime Location
  • Established Business
  • Fully Fitted
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The data showed regarding this advert 'Top Class Restaurant in Moseley, Birmingham - restmoseKS / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.