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No longer on the market

This property is no longer on the market

Restaurant

Sold STC
Restaurant
Added > 14 days

Features and description

  • Leasehold
  • Licensed Greek Seafood Mediterranean Grill Bar & Meze
  • Prominent Main Road Location
  • Located In Moseley
  • Suitable Site For Many Cuisines
  • Fitted to A Very High Spec

Leasehold Greek Restaurant Located In Moseley
Fitted To A Very High Spec
Licensed
Ref 2878

Location
This respected Greek Restaurant is located in Moseley, Birmingham. Situated within a prominent and highly visible trading position on the main (A435) Alcester Road. Moseley was voted the best place to live in the UK, beating Mayfair and Muswell Hill. The area is steeped with beautiful architecture, highly cosmopolitan and has a trendy vibe and village feel. It's surrounded by independent retailers, bars and eatery's and has an Award Winning Farmers market on the fourth Saturday of the month.

Leasehold Asking Price: £150,000

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Greek Restaurant which is located in the desirable suburb of Moseley. The premises were transformed by our clients and they opened the doors in April 2022. They are now reluctantly offering the business for sale due to unforeseen ill health reasons.
Since ownership they have undertaken total refurbishment, redecoration and invested in brand 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. Soufi is owner operated but is currently not trading due to health reasons. What's on offer is a spacious restaurant in a great location which has been fitted to a very high specification with no cost spared.
We believe that the site offers huge potential and would lend itself to some of the large restaurant chains. New operators can change the cuisine and take this to the next level. This is a superb opportunity to purchase a ready made restaurant which is a great base to build upon and as such early viewing is highly recommended.

Leasehold
Term: 10 years
Remaining: 7 ½ years
Rent: £45,000 plus vat pa
Business rates: TBC

Ground Floor
Vestibule entrance porch.
Restaurant comprising: tables & chairs to cover (90), 3 baby high chairs, water feature, bar area with sales counter, EPOS till system, ice machine (Scotsman), stainless steel table with wash basin, granite worktop with 3 door fridge, music system, condiments counter and electric metre cupboard.
Kitchen comprising: steel table with heated pass, stainless steel wash basin, wall mounted soap dispenser, wall mounted hand dryer, EPOS reader, extraction canopy.
Pot wash area with stainless steel table, pass through dishwasher (Sammic), stainless steel sink with directional hose, stainless steel double sink with directional hose, wall mounted knife rack, glasswasher (Sammic), washing machine (Whirlpool), metal storage racking, walk-in cold room and walk-in freezer room.
Dry stores with 2 x storage racking units.
Office with CCTV monitor (8 camera system), W/C with wash basin and
shower cubicle.
Two sets of ladies toilets with W/C wash basin, wall mounted mirror and wall mounted hand dryer.
Two sets of men's toilets with W/C wash basin, wall mounted mirror and wall mounted hand dryer.
Disabled W/C with wash basin, wall mounted mirror and wall mounted hand dryer.

The premises benefits from air conditioning which also blows hot air when required, electric roller shutters to the frontage and an intruder alarm. The only item of equipment on lease is the coffee machine.

External
Rear yard with shared bin store. State of the art extraction outlet with silencer. Vendors rear parking for (1).

EPC Rating C

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About this agent

Veritas Business Sales - Solihull
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
0121 721 6440
Full profileProperty listings
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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