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Restaurant

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0121 721 6440

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Restaurant

0 bed

0 bath

EPC rating: D*

871 sq ft / 81 sq m

Property description & features

Leasehold Italian Restaurant
New Lease Available
30 Internal Covers
30 External Conservatory Covers
Fully Fitted & Newly Refurbished
Freehold Option Available

Leasehold Italian Restaurant Located In Hall Green
Ratings / Facebook 5.0 / TripAdvisor 5.0
Licensed A3 Consent
Ref 2731

Location
Veritas Business Sales are delighted to offer to the market this respected Italian Restaurant which is located in Hall Green, Birmingham. Situated within a prominent and highly visible trading position on a small parade of shops where Highfield Road meets the very busy (A34) Stratford Road. Adjacent you have The Bull's Head public house and close by is Waitrose Supermarket and Aldi Supermarket both of which bring high levels of passing footfall to the area. Hall Green is well serviced by public transport and is densely populated with residential properties. Birmingham City Centre is 6 miles away and Solihull Town centre just 3 miles.

Asking Price £59,950 plus SAV (£4,000)

Business Description
Veritas Business sales offer to the market this outstanding Italian Restaurant which is located in Hall Green. There has been a restaurant in these premises since 1993 and our client has owned the freehold since 2004 but has leased the restaurant out. He reopened the restaurant himself in October 2020 and is now reluctantly offering the business for sale due to unforeseen ill health.
Since ownership they have totally refurbished, redecorated and 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 be spent for some time. La Romana is owner operated with the help of 2 full time & 5 part time members of staff and has an average weekly turnover of £3,500-£4,000. The menu offers a fine range of authentic Italian cuisine, to include fresh pastas, fresh fish, chicken & meat dishes, artisan stone baked pizzas, desserts, Gelato ice cream, specialist coffee, soft drinks, bottled beers and a range of fine wines. All can be enjoyed within the cosy (30) cover internal restaurant or the 30 cover external seating area which has a retractable roof. The restaurant has built a reputation where all meals are freshly cooked to order using only the finest high quality produce.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times and opening lunchtimes and by joining more of the online portals and expanding the delivery service. 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 a newly fitted turnkey restaurant which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Tuesday - closed
Wednesday - Saturday - 5:00pm - 10:00pm

Leasehold
New lease available
Term: negotiable
Rent: £22,200 pa
Business Rates: zero

Ground Floor
Restaurant comprising: tables & chairs to cover (30), sales counter with chilled cake display cabinet, wine fridge (Adexa), Gelato ice cream freezer, EPOS till system, wine cooler, 2 x 2 door undercounter drinks fridges, glass cabinet, 2 x 5 tier storage racks, glass washer (Prodis Jet 35), worktop with wash basin, dual head espresso coffee machine (Fracino), coffee grinder (Barstcher), ice machine (Bar line), heated gantry, plate warmer, stone pizza oven (Clay Ovens), extraction, saladette with marble worktop and 3 door undercounter fridge, pizza dough roller (Prismfood) and cutlery cabinet.
Commercial kitchen with pasts boiler (Buffalo), 6 burner range, grill, extraction canopy, dual deep fat fryer (Quattro), saladette with marble top and 3 door undercounter fridge, dough mixer, stainless steel table with commercial can opener, plate warmer (Modena), small chest freezer (Fridgemaster), wash basin, stainless steel sink drainer, automatic grease trap, combination boiler (Baxi), wall mounted shelf, large stick blender, metal racking, commercial microwave (Adexa), TV and insect zapper.
Rear hallway with water tank, dishwasher (Adexa), metal trolley and rear exit door.
Storeroom with stainless steel freezer (Adexa), upright freezer, stainless steel fridge (Adexa), stainless steel fridge (Polar), meat slicer, stainless steel table, stainless steel shelf, dough ball storage containers and flour storage container.
Hallway with baby high chair.
Ladies W/C with wash basin, wall mounted hand dryer and wall mounted mirror.
Gents W/C with wash basin and wall mounted hand dryer.

External
Frontage with external seating for (30) which has a retractable roof and soon to have retractable sides. Rear yard with bin area.

EPC Rating C

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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