Contemporary Indian Restaurant and Bar for Sale in Birmingham West Midlands
Birmingham, West Midlands
- Status
FOR SALE
- Advert ID
653917
- Reference
B09695 / Rightbiz
- Call Agent:
- Leasehold: £79,995
- Turnover: £135,000 (£2,596 per week)
- Profit: Not Applicable
Business Details
Embark on a Flavour Adventure – Contemporary Indian Restaurant & Bar
BusinessPlease quote reference B09695
CoGoGo is delighted to welcome Spice Route to the market, a vibrant and contemporary Indian restaurant that's quickly becoming a go-to destination in the heart of Boldmere.
Beautifully blending authentic flavours with modern presentation, the business offers an inviting dine-in experience alongside takeaway and delivery services through popular online platforms. Its engaging presence across Instagram, Facebook, TikTok and LinkedIn, together with its website, provides excellent digital visibility and opportunities for continued growth.
The stylish restaurant accommodates over 90 covers and benefits from a fully licensed bar, creating an ideal setting for casual dining, celebrations and special occasions. With strong customer reviews praising both the quality of the food and welcoming atmosphere, this is a fantastic opportunity for an owner-operator or investor looking to build on an already impressive foundation.
The business is being offered for sale due to the owner's investment priorities.
Viewings to be arranged strictly by appointment only via CoGoGo!
Location
Occupying a prominent position on Boldmere Road in Sutton Coldfield, the restaurant enjoys excellent visibility within a thriving parade of independent businesses, cafés, bars and retailers. The bustling location benefits from regular passing trade, a strong local customer base and convenient nearby parking.
Premises
Well-presented leasehold premises featuring a contemporary restaurant with seating for 90 covers, a welcoming dining area, fully equipped commercial kitchen, customer facilities and a licensed bar. The attractive interior creates a modern and relaxed dining environment ready for immediate trading.
Tenure
Leasehold.
We are advised that the current lease has approximately 15 years remaining at a rent of £22,000 per annum.
Hours
Opening hours are currently:
Monday - Closed
Tuesday to Sunday - 5:00 pm tp 10:30 pm
Staff
The business operates with a team of 4 staff.
Financial Profile
We are advised that the business generates an annual turnover of approximately £135,000.
We are further advised that the annual business rates are approximately £5,000.
Contact Agent
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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