Restaurants for sale in Solihull

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Leasehold Italian Restaurant Located Near Solihull

Solihull, West Midlands, England

  • Leasehold Price: £79,950 plus SAV
Seller Reference: 2418
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Business Description
 
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Seller Reference: 2418
Request Details
Business Description
Leasehold Authentic Italian Restaurant Located Near Solihull
Three Bedroom Accommodation Above
Licensed
Ref 2418

Location
This respected Italian Restaurant is located in the Solihull area.
Asking Price: £79,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Italian Restaurant. The business has been established for nearly 30 years and has been in the careful hands of our client for the past year. Reluctantly this is now being offered for sale due to other business commitments. Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. The business is overseen by the owner but operated day to day by a team of 2 full time and 3 part time members of staff and has an average weekly turnover of circa £4,000. They serve high quality traditional Italian and Mediterranean cuisine with a selection of carefully chosen wines which can all be enjoyed in the relaxed and cosy (45) seater restaurant. All meals are freshly prepared to order using only the finest locally sourced produce. We believe that the restaurant would benefit from a more hands on owner operator at the helm and there is potential to expand upon the current opening times and they are always being asked to offer a Sunday carvery. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Opening Times
Monday - Saturday - 5.00pm - 10.00pm
Sunday - closed

Leasehold
Lease term: 15 years
Remaining: 14 years
Rent: £21,600 pa
Business rates: zero

Ground Floor
Front vestibule entrance.
Restaurant comprising: split level area with tables and chairs to cover (45), bar area with draught Peroni beer pump, upright wine fridge, EPOS till system, 2 x 2 door under counter fridges, stainless steel wash basin, espresso coffee machine (Neva Visacrem), coffee grinder, glass washer and glass display storage shelves.
Hallway with cutlery/condiments area, under counter freezer, wine storage area, storage shelves and cloak area.
Ladies W/C with wash basin and wall mounted soap dispenser and wall mounted hand dryer.
Gents W/C with urinal, wash basin wall mounted hand dryer and soap dispenser.
Commercial kitchen comprising: stainless steel double sink with directional hose, dishwasher (JFK), 3 x stainless steel prep tables, stainless steel worktop with hot cupboard below, 6 burner range, char grill, salamander grill, 4 ring gas hob, 2 ring gas hob, stainless steel worktop with heated pass, 2 under counter fridges, wash basin, 2 deep fat fryers, microwave (Panasonic), wall mounted shelving, wall units and extraction canopy.
Dry stores with storage shelves.
Staff W/C with wash basin, changing area and boiler (Ferroli).
Walk-in cold room with storage racking, meat slicer, 2 upright freezers, 3 chest freezers, wall mounted storage shelves and wall units.

First Floor
Kitchen.
Bathroom with bath, shower cubicle, wash basin and W/C.
Single bedroom.

Second Floor
2 Double bedrooms.

Third Floor
Lounge.

External
Yard with metal stairs to accommodation.
Covered yard area with washing machine, ice machine and chest freezer.

EPC Rating D
Tenure:
Leasehold
Listed by:
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