Indoor Seating for 14 Persons
High Rental Income From Flats, Therefore Effectively RENT FREE
Includes 3 Self Contained Flats
Leasehold Price £89,950
A prominent corner sited and well fitted business situated at a very busy road junction in a local shopping area. It has the benefit of ample immediate parking facilities for customers.
The very spacious Sales/Customer Area has a suspended ceiling with concealed lighting, terrazzo type flooring, fully tiled walls, and seating for around 14 persons. Fixtures and fittings include 3 pan range, four kebab machines, two x 4 pot bain maries, chilled salad dispenser cabinet, heated pie cabinet, microwave, coffee machine, double upright drinks chiller, cash register etc.
Leading to a spacious Kitchen having 4 hob cooker, southern fried chicken cooker and cabinet etc. Off is a shelved Office Area. To a Potato Room with chipper and peeler, and a Fridge Room with ample refrigeration units. To the rear is an enclosed yard with rear access.
An excellent business having a desirable trading location
The Business Premises is Rent Free after taking into account the rental income received from the flats.
The self contained and double glazed accommodation comprises:
FLAT 1 – Kitchen/Lounge; double Bedroom with ensuite.
FLAT 2 – Lounge/Bedroom; Kitchen; Bathroom.
FLAT 3 – Kitchen/Lounge; Bedroom with ensuite.
The accommodation is let giving an extra income of £16,800 per annum.
Our Client Informs Us That:
Takings and Profitability:
Retail takings are around £4,200 per week with the usual high gross margins associated with the trade.
12.00 midday – 9.00pm Monday to Saturday.
Closed Sundays and bank holidays.
Leasehold. Held on a 25-year lease from 2002, with 3 yearly reviews, at a present rent payable of £16,000 per annum for the business and accommodation flats.
PLEASE NOTE: There is incoming rental income of £16,800 per annum from the flats. Thus earning a net rental income of £800 per annum.
£89,950 plus stock at valuation for the lease, business, fixtures and fittings.
Veritas Business Sales are delighted to offer for sale this outstanding Restaurant located in Moseley in Bi...More Details
Located in famous & thriving Jewellery Quarter80 cover RestaurantWell presentedPavement seating to frontNew...More Details
Veritas Business sales are delighted to offer for sale this beautiful Restaurant which is located in Kings ...More Details