Restaurant/cafe for sale in Soho Road, Handsworth, Birmingham B21, £79,950

79,950.00

Offer Nr.:
61708577
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Veritas Business Sales Ltd
Phone(s):
0121 721 9902

* Leasehold
* 5 Star Food Hygiene Rating
* South Indian Restaurant/Takeaway
* Prominent Main Road Location
Leasehold South Indian Restaurant & Takeaway Located In Birmingham
Ref 2713
Location
This respected South Indian Restaurant & Takeaway is located in Handsworth,
Birmingham. Situated within a prominent and highly visible trading position on
the (A41) Soho Road. The area is very busy and is surrounded with an abundance
of other retail shops to include some large blue chip retailers. The premises
is adjacent to Lidl supermarket which allows free parking. West Bromwich
Albion Football Club is (1. 5 miles), the M5 Motorway (2 miles) and Birmingham
city centre (3. 6 miles).
Asking Price: £79, 950 plus sav (£4, 000)
Business Description
Veritas Business Sales are delighted to offer for sale this very busy South
Indian Restaurant & Takeaway which is located in Handsworth, Birmingham. The
business is now being offered for sale so that he can concentrate on his other
business interests.
Since ownership they have refurbished, redecorated and invested in new
equipment, along with fixtures & fittings which are all bought and paid for
and included within the sale price which is a huge plus for any new purchaser
as additional funds will not need to be spent for some time. The business is
overseen by the owner but operated daily by a team of 4 full time and 5 part
time members of staff and has an average weekly turnover of circa £5, 500.
Approximately £3, 500 is via the restaurant with the remaining £2, 000 coming
from the online portals Deliveroo, Just Eat and Uber Eats. They serve a fine
range of Indian starters, combos, main courses, signature dishes,
accompaniments, rice's and soft drinks. All meals are freshly prepared on site
to order using only the highest quality produce and can be enjoyed in the
restaurant or taken away.
We believe that there is further potential to increase trade by concentrating
on outside catering for function, parties and weddings. The business already
enjoys a strong reputation within the local community and beyond and as such
has a high level of regular and repeat trade. This is a superb opportunity to
purchase an expanding food business which is a great base to build upon and as
such early viewing is highly recommended.
Opening Hours
Monday - closed
Tuesday - Sunday - 12: 30pm - 10: 00pm
Leasehold
Lease term: 10 years
Remaining: 6 years
Reviewed: 3 yearly
Rent: £18, 000 pa
Rates: Zero
Ground Floor
Restaurant comprising: Seating to cover (42), serve over chilled display
counter, ice cream freezer (Marshfield Farm), slimline ice cream freezer and
sales counter.
Customer W/C with wash basin and wall mounted hand dryer.
Preparation area with stainless steel table, stainless steel double sink
drainer, metal storage racking, saladette with 2 door undercounter fridge and
metal wall mounted shelves.
Commercial kitchen comprising: Stainless steel double sink drainer with
directional hose, metal storage racking, stainless steel double door freezer
(Williams), chest freezer, 4 x stainless steel tables, extraction canopy,
microwave (Adexa), dual deep fat fryer (Quattro), 6 burner Indian cooker,
tandoori clay oven, 3 burner Indian cooker, boiler (Vaillant), rear exit door
and walk - in cold room with 2 x stainless steel tables
Staff W/C with wash basin and wall mounted hand dryer.
Dry stores.
External
Small rear yard area.

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