Restaurant/cafe for sale in Alum Rock Road, Alum Rock, Birmingham, West Midlands B8

Offers in region of £120,000 (£48.47/sq. ft)
2,476 sq. ft*
Interested in this property? Call +44 121 659 6532 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Grill / Fast Food Takeaway
  • CCTV System up to x11 Cameras
  • Fantastic Location
  • Large Kitchen complete with all Fixtures & Fittings
  • Managerial Office at Rear 5.00m x 3.00m
  • Turnover £312,000 per annum
  • Currently generating a Rental Income of £17,040 per annum
  • Presented to a very High Standard
  • A3 - A5 Licence

Property description

A potentially highly profitable business for sale * located in Alum Rock fully set up and ready to start excellent location (available for only £139,950k) call now**

Greengates Properties are very proud to present this excellent business opportunity located in the highly populated location of B8 on Alum Rock Road which has a great number of foot fall that passes by. Very well presented Take-away. It is a ground floor premises with a large capacity seating area.

Planning
The property has A3 - A5 licence. There is a great deal of potential in the property and can be used for many trades. The current business is a Fast Food Grill Takeaway which has an excellent review and customer base. There is a massive scope for increased profits by offering alternative food choices, desserts and specialist foods, longer opening hours, delivery service, just eat or hungry house and the right marketing can also benefit the business on a huge scale.

Our clients are reluctantly offering the business to the market due to genuine personal circumstances. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that this takeaway can offer a high annual turnover which is derived from offering a popular menu.

This is a superb opportunity to purchase an established business, which is a great base to build upon; early viewings are highly recommended as businesses of this caliber rarely stay on the market for long.

Viewings are highly recommended.

Goodwill / Premium All In One
For £139,950 comes with x4 rooms To Let on the first floor generating a rental income of £11,040 Per Annum. Also a large room on rent on the ground floor generating a further income of £6000 per annum. Totaling a very generous income of £17040.00 and that's before taking any takings into account.

Rent
£22,000 Per Annum

Turnover / Takings
We have been informed by the sellers that the business is currently taking in a yearly turnover of £312,000 per annum (£6000 per week) but strongly believe that with the right person to steer the business in the right direction can achieve a lot more.

Rates
We have been informed by the seller that the rateable value is up to £16,000 per annum but a possible exemption can be obtained & is the buyers responsibility to make any inquiries.

Eat In Or Takeaway Grill Restaurant

Well appointed and presented throughout

Early viewing essential to fully appreciate whats on offer.

Situated on the main Rd

Genuine reason for sale

Open to sensible offers

Massive scope for further development & increased profits

Double Fronted

Tenure
The accommodation is available by way of a new lease.

Discalimer:

Greengates Properties have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Measurements are all approximate and have been taken as a guide to prospective buyers only. The accuracy of the details for the property is not guaranteed and they do not constitute or form part of any contract. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. If you require clarification or further information on any points, please contact us.

Nearby transport

  • Adderley Park (0.5 miles)
  • Duddeston (0.9 miles)
  • Aston (1.5 miles)
  • Birmingham International Airport (4.9 miles)
  • Coventry Airport (17.6 miles)
  • East Midlands Airport (32.2 miles)
  • Sharpness Old Docks (59.2 miles)
  • Lydney Harbour (60.6 miles)
  • Bristol Docks Ferry Landing (77.2 miles)

Nearby schools

View all schools in Birmingham
  • Shaw Hill Primary School (0.2 miles)
  • Parkfield Community School (0.2 miles)
  • The Rosary Catholic Primary School (0.2 miles)
  • Calthorpe Vocational Trust (0.8 miles)
  • Ward End Community College (1.2 miles)
  • Archway Academy (1.4 miles)
  • Rockwood Academy (0.3 miles)
  • Al Huda Girls' School (0.5 miles)
  • Al-Hijrah School (0.5 miles)
Note: Distance is shown as a straight line measurement

Local info for Birmingham

* Sizes listed are approximate. Please contact the agent to confirm actual size.

For more information about this property, please contact
Greengates Properties, B11 on +44 121 659 6532 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Greengates Properties, and do not constitute property particulars. Please contact Greengates Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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