Restaurants for sale in Moseley

View the "Licensed Caribbean restaurant in the heart of Moseley Village" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Leasehold Price: Price on Application
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Business Description
BUSINESS
We are delighted to offer to the market this well established restaurant in the heart of Moseley Village. With an established customer base, and in an excellent location, this is an opportunity not to be missed.

The current owner has run the business successfully for the last 8 years and is now selling owing to retirement.

The restaurant currently operates as a Caribbean restaurant serving fresh food lovingly prepared daily on site.

The business is well loved by locals and those from farther afield and has plenty of regular customers, many of whom are known on a first name basis.

This business is currently well-established and successful but there are plenty of opportunities for development, including scope to increase the amount of seating, to change the style of cuisine, and potential to offer a lunchtime menu, delivery, or catering service.

We highly advise early viewing to avoid disappointment.

LOCATION
The business is nicely presented with a clear and highly visible frontage. The restaurant is situated right by the main traffic lights in Moseley Village in a prominent and highly visible location.

Voted the Sunday Times best place to live in the UK in 2015, and the SevenCapital best place to live in Birmingham in 2018, Moseley Village is undoubtedly a fantastic place to be. Full of beautiful Victorian and Edwardian architecture alongside more modern and contemporary buildings, this diverse and leafy suburb has all the advantages of city living with all the positives of village life and community spirit. One of many draws is the Award Winning Farmers market on the fourth Saturday of each month, as well as the annual folk festival in Moseley Park.

TENURE
This business is being sold as a leasehold business opportunity.

The current lease is £26,000 per annum reviewed every 3 years.

We are advised that it may be possible to negotiate a mutually acceptable lease with the new owner.

Ground floor
The entrance opens onto a reception area with the sales counter, work surfaces with coffe grinder and coffe machine, wine fridge, drinks chiller, under counter fridges, glass washer, hand wash basin, commercial microwave and EPOS electronic till system.
The restaurant has an open plan format with front window seating area for up to 12 guests, and a rear split level area seating up to 38.
There is an open plan kitchen area with grill, deep fat fryers, rice cooker, stainless steel work tops with storage shelving, extractor unit, microwave, electric hob, domestic fridges, wash basin and dumbwaiter access.
There is an accessible w/c.

First floor
On the first floor there is an additional seating area for 25.
There is a staff w/c, and a preparation kitchen with a walk in chiller, steel sink, work surfaces, dishwasher, freezer, rice cooker and shelving, and dumbwaiter access.

Basement
There is a w/c, stock room, store room, and potential seating space if required.

Second floor
On the second floor is a reception room, bathroom with bath and shower, a double bedroom and an office/small bedroom.

Third floor
There are two double bedrooms.

The property benefits from gas central heating, partly double glazed and has an intruder alarm

CURRENT HOURS OF BUSINESS
Monday to Thursday: 6pm – 12pm
Friday, Saturday: 6pm – 1am
Sunday: 3pm - 8pm

STAFF
The business is run and managed by our client with 4 full and part-time members of staff.

FINANCIALS
On application

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In summary, this is a long-established business with a wonderful reputation and many existing customers.
The site has traded as various styles of restaurant since the 1970s and there is plenty of scope for the new owner to develop the business in their own way.

Ideal owner managed business with accommodation on site.

Tenure: Leasehold
Tenure: Leasehold

Number of bedrooms: 3-4

Accommodation Details:
Top two floors comprise reception room, bathroom, 3 double bedrooms and a further smaller bedroom or study. There is no separate access to the accommodation so suits business owner living on site.

Listed by: Open Door Solihull

Find out more about this business opportunity.

 
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SO00074
Seller Reference:
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