£224,950

Restaurant for sale

  1. Property photo 1 of 2.
  2. Property photo 2 of 2.
  3. Property photo 1 of 2.
  4. Property photo 2 of 2.
Retirement

£224,950

Restaurant for sale

Maney Corner, Sutton Coldfield B72

Local area information

Property location

Nearby amenities

  • Holland House Infant School and Nursery 0.2 miles
  • Sutton Coldfield Grammar School for Girls 0.2 miles
  • Sutton Coldfield 0.5 miles
  • Wylde Green 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold 120 Cover Restaurant
  • Fully Fitted & Newly Refurbished
  • Licensed
  • Further Potential
  • Turnover £500,000 net of vat
  • Approx (4,500 sq ft)
Leasehold Restaurant Located In Sutton Coldfield
Licensed 126 Seater Restaurant
Ref 2983

Asking Price £224,950 plus sav (2,500)

Location
This respected Restaurant is located in Sutton Coldfield, West Midlands.

Business Description
Veritas Business Sales offer to the market this delightful Restaurant is located in Sutton Coldfield. The business was established by our clients back in 2014 and they are now offering the restaurant for sale so that they can enjoy a well deserved retirement.
Since ownership there has been continual investment 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 Restaurant is owner operated with the help of 5 full time & 6 part time members of staff and has an annual turnover of circa £500,000. They serve rustic, authentic starters, main courses, sides, salads, deserts, specialist coffee & teas and a selection of alcoholic beverages to include an extensive wine list. All dishes are freshly prepared to order and ingredients are from local, organic & sustainable sources as much as possible.
They have built a strong reputation within the local community and beyond for serving high quality food and as such have a high level of regular and repeat trade. This is a superb opportunity to purchase a restaurant in a prime location which would lend itself to a variety of cuisines (except Asian cuisine) which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday & Tuesday - closed
Wednesday - Saturday - 17:00 - 22:00
Sunday - 13:00 - 21:00

Leasehold
Term: 15 years
Remaining: 5 years
Rent: £54,280 plus vat pa
Service Charge: £3,496 plus vat pa
Rates: £4,802 pa
Gas: £480 plus vat per month

Ground Floor
Vestibule entrance leading into the open plan restaurant & bar.
Restaurant with tables & chairs to cover (80), private dining area with seating for (16), stairs for customers leading to the first floor restaurant, cutlery cabinet, display & storage cabinet, bar area with servery, 2 x draught beer pumps, epos till, espresso coffee machine (Fracino), coffee grinder (Fracino), stainless steel sink, 2 x two door undercounter drinks fridges, spirit display shelves and glass display shelves, countertop wine fridge, glasswasher (Maidaid), ice machine (Hoshizaki), worktop, stainless steel worktop and 2 x wall mounted metal shelves.
Wine storeroom and electric metre cupboard.
Gents W/C, 2 x urinals, 2 x wash basins, 2 x wall mounted mirrors, wall mounted soap dispenser and wall mounted hand dryer.
Ladies 3 x W/C, 2 x wash basins, 2 x wall mounted mirrors, wall mounted soap dispenser and wall mounted hand dryer.
Disabled W/C, wash basin, wall mounted soap dispenser and wall mounted hand dryer.
Kitchen comprising: Stainless steel worktop, 2 x undercounter freezers (Gram), 2 x microwaves (Sharp), walk-in cold room (Foster), stainless steel sink/worktop, dual stainless steel sink with drainer, hot cupboard with bain-marie and pass, 2 x 6 burner ranges (Blue seal), salamander grill (Blue seal), chargrill (Blue seal), 2 x deep fat fryers (Blue seal), pasta boiler (Blue seal), extraction canopy, 2 x saladettes, stainless steel worktop with 3 door undercounter fridge, stainless steel worktop with 4 draw fridge, undercounter freezer (Beko), metal shelf, triple pizza oven (Italforno), stainless steel worktop with can opener, food mixer (Kenwood), vacuum packer, convection oven (Rational), utensil rack, 3 x metal storage units, dishwasher (cater-wash), dumbwaiter, metal trolley, stainless steel sink with directional hose and stainless steel table with 2 x shelves. Storeroom with upright ice cream freezer (Foster), dough mixer (Metcalfe), stainless steel table, metal trolley, storage cupboard, gas metre and stairs leading to upper level and steps leading down to lower level.
Upper level
Staff changing room with lockers, wash basin, wall mounted mirror, shower cubicle, electric shower (Gainsborough) air-conditioning unit, W/C and cloak area.
Office with desk, chair, CCTV monitor (8 camera system) and 2 x 2 door draws.
Lower level
Storage area with 2 x chest freezers, walk-in cold room (foster), 3 x storage units and rear exit doors.
External
Rear parking for (3) and bin area.

First Floor
Private dining room for with seating for (30), air-conditioning unit, projector screen and bar area with draught beer pump, stainless steel sink, 2 door undercounter drinks fridge (Gamko), glasswasher (Comenda), epos till, worktop and shelving. Curtained area for the music system, preparation area, dumbwaiter access and cutlery/glass storage.
Storeroom with upright wine fridge, hot cupboard and vented water tank.
Gents W/C with urinal, wall mounted mirror, wall mounted soap dispenser and wall mounted hand dryer.
Ladies 2 x W/c's, 2 x wash basins, wall mounted mirror, wall mounted soap dispenser and wall mounted hand dryer.
The restaurant benefits from air conditioning units/hot air blowers.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Sutton Coldfield
  5. Maney Corner

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.