Ground Floor Lock-Up Restaurant in Birmingham's Jewellery Quarter for Sale
Hockley, West Midlands
- Status
FOR SALE
- Date Submitted:
10/04/24
- Advert ID
609563
- Reference
94678 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Prime Location
- Close to Local Amenities
- Adjacent to Multiple Retailers
- Split Level Trading Area
- New Lease
- Town Centre location
- Fully Fitted
Business Details
BIRMINGHAM GROUND FLOOR LOCK UP RESTAURANT
Located in Birmingham's Jewellery Quarter
Ground floor restaurant (45)
Private dining (15)
Well equipped trade kitchen
New lease available
Net sales approx £5,000-£6,000 weekly
Viceroy Restaurant is situated on the edge of Birmingham’s Jewellery Quarter which is described as a national treasure and a place of unique character with over 800 businesses, 100 specialist retailers and 50 contemporary designer makers. It attracts a large number of potential customers to be targeted by the new operators.
Birmingham is a major city with a population of over 1,000,000 and 40,000,000 tourists visiting the city yearly. The Jewellery Quarter attracts vast amounts of these tourists with what it has to offer. Providing hundreds of unique and independent shops, attractions and hospitality there is something for everyone, it is said to be one of Birmingham's most historic and vibrant gems.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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