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Stylish Lounge, Wine Bar and Coffee Shop for Sale in Prime Location of Sutton Coldfield

Sutton Coldfield, West Midlands

CONFIDENTIAL

  • Leasehold: £189,000
  • Rent: £32,500 (£2,708 per month)
  • Turnover: £312,000 (£6,000 per week)
  • Profit: On request

Key Features

  • Central Position in Affluent Village
  • Accounts Available
  • Offers Invited
  • Fully Fitted

Business Details

Stylish Lounge ,Wine Bar and Coffee Shop in Sutton Coldfield

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 Sutton Coldfield

This is a very well-established concern has earned itself a priceless reputation with visitors and locals alike for its quality of ambience and friendly service during 5years of highly successful trading. The business primarily offers a full and varied offering of wines, beers and spirits served in the very pleasant surroundings of a tastefully furnished and appointed in-house area which may accommodate some 160 (int & ext.) covers in style and comfort.

“The Business has a strong and established regular local customer base drawn from a wide surrounding catchment area combined with all the volume of year-round passing trade generated by such a high-profile position result 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 also helps to make this a truly comprehensive commercial package which ought not to be missed!!

 Run at present by the owner  he has maintained and developed an excellent reputation and high degree of goodwill for any new owner 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 locally 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 and one which 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 further 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 £6000 per week with good profits and scope to increase.

The premises are being offered with the benefit of a existing or a new lease
Rent amounts to £32500 pa

 Open 5 days a week to late – Weds-Sun.


 

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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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