Restaurants for sale in Birmingham

View the "EXCELLENT FREEHOLD HOTEL WITH LUXURY PRIVATE LIVING ACCOMMODATION" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Mr & Mrs Campbell (Jan 2015)
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Freehold Price: £1,775,000
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Business Description
Well presented 20 bedroom facility with restaurant, lounge and bar
Advised annual turnover of 182,016 with good gross profit returns
Ideal trading location on Hagley Road, Edgbaston, Birmingham
Early interest and viewing is highly recommended
Current owner ran for the past 34 years
Ideal lifestyle change opportunity
Genuine reason for sale
Off road parking

Business History

Meridian Business Sales are delighted to offer for sale this superb freehold hotel which has a proud history dating back to the early 1970’s. Since 1978 it has been owned and run by our clients who are only now placing it onto the market due to their strong desires for retirement. The business which is run and managed by our clients with the assistance of staff achieves an advised annual turnover of £182,016 which is derived from offering accommodation, food and licensed beverage services to a wide range of customers throughout the year. Our clients have worked exceptionally hard on the businesses reputation which has resulted in a consistent trade year on year. The hotel also benefits massively from its highly visible trading location situated on the renowned Hagley Road. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal lifestyle change opportunity for an individual or couple who is looking for a sound investment. We would like to urge very early interest in this opportunity as hotels of this calibre particularly in this area rarely appear onto the market.
Tenure: Freehold

Accommodation Details:

Beautifully presented 3 storey hotel offering 20 total bedrooms all being en-suite, lounge bar, 80 + cover dining restaurant, commercial style kitchen, external private rear car park and front courtyard, highly desirable and visible location, well presented and well appointed throughout. GROUND FLOOR Reception/welcoming area with small office Lounge bar with fitted traditional bar and comfortable seating for 40+ covers Restaurant with 80+ covers, open plan traditional dining tables and chairs and bar Enclosed restaurant overspill space / additional living area Male and female toilets Kitchen commercial style with preparation and storage areas Laundry / store room Owners’ office and sitting room FIRST FLOOR 10 bedrooms in total on the first floor all being en-suite 4 x double bedrooms 1 x twin bedroom 3 x family bedrooms 1 x single bedroom 1 x private Grande double bedroom Linen room Store room Bathroom 2 boiler storage SECOND FLOOR

Location Details:

This exceptional freehold hotel has an ideal location from being situated on Hagley Road in Birmingham. The property stands proud just on the lip of the city centre leading to the city’s main attractions and conference facilities. Hagley Road is arguably Birmingham’s busiest access roads which see a mass of motorists and city visitors on a daily basis. Close by city attractions include The National Indoor Arena, one of the busiest, large scale indoor sporting and entertainment venues in Europe. Shopping complexes including The Bull Ring, Selfridges and The Mail Box, further attractions include The National Sealife Centre, The ICC, Symphony Hall and world-renowned theatres. The location is also ideal situated for Broad Street and Bindley Place which offers the city’s finest nightlife, restaurants and cinemas. The city now offers some of Europe’s most desirable shopping, dining, and entertainment venues which brings a consistent flow of business and visitors to the city throughout the ye

Listed by: Meridian Business Sales Limited
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