BIRMINGHAM – GROUND FLOOR LOCK-UP RESTAURANT

  • Leasehold Price: £95,000
Birmingham, Warwickshire, England
Seller Ref:94678
For Sale

BIRMINGHAM – GROUND FLOOR LOCK-UP RESTAURANT

Birmingham, Warwickshire, England
Seller Ref:94678
  • Leasehold Price: £95,000

Description

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

Leasehold Terms:
LEASEHOLD £95,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.  The Landlord will offer a new lease of 10 to 20 years. The current rent is £28,000 per annum, paid monthly in advance subject to five yearly rent reviews. The premises is held on a part repairing and insuring term. Falls within the security provisions of the Landlord & Tenant Act 1954 and fully assignable. Free of all trade ties No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Location Details:
Viceroy, 108-109 Icknield Street, Hockley, B18 6RZ
Is this business relocatable:
No
Is stock included:
NA
Website address:
https://www.sidneyphillips.co.uk/business-detail/94678

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