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Leasehold Restaurant Located In Birmingham For Sale

Birmingham, West Midlands
Asking Price:
£79,950 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Leasehold Restaurant located in (The Balti Triangle) Sparkhill, Birmingham. Newly fitted with 70 covers. Would suit many different cuisines. Comes with 3 bedroom accommodation above (sub-let for £800 PCM).

Veritas Business sales are delighted to offer for sale this fully delightful Restaurant which is located in Sparkhill, Birmingham. The restaurant was established by our clients back in December 2018 and is now reluctantly being offered for sale due to unforeseen personal reasons.
Since ownership my clients have totally refurbished, renovated 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 as any new purchaser as additional funds will not need to be spent for some time. Thaana is owner operated and employs the help of 3 full time & 4 part time staff members and has an average weekly turnover of circa £6,000 on limited opening times. They serve a fine range of Pakistani dishes which can all be enjoyed in the comfort of the newly fitted restaurant.
We believe that there is further potential to increase turnover by expanding upon the current opening times, doing takeaway deliveries by joining the online portals such as Just Eat & Deliveroo and by adding an alcohol licence. 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 fully fitted restaurant in a great location which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed. 

Property Information

Property:

Leasehold

Lease Terms:

Lease: 7 years
Remaining: 6 ½ years
Rent: £30,000 pa
Business rates: zero

Leasehold Rent:

£30,000 per annum

Living Accommodation:

First Floor
Kitchen with boiler cupboard and W/C.
Office with CCTV monitor and boiler (Vaillant).
W/C with shower cubicle.
Wash basin with shower cubicle.
Lounge
Double bedroom

Second Floor
2 x double bedrooms.

Location:

This outstanding Restaurant enjoys a prominent and highly visible trading location in Sparkhill, Birmingham. Thaana is positioned right in the heart of the famous Balti Triangle and is surrounded by an abundance of restaurants and retail outlets which bring high levels of footfall to the area. Birmingham city centre is just 2 miles away.

Premises Details:

Ground Floor
Restaurant comprising: tables & chairs to cover (70), air- con/hot air blower, bar area with stainless steel sink, blender (Ninja), small under counter freezer, 2 door drinks fridge, ice machine, EPOS till system and wall mounted shelving for glass storage.
Gents W/C
Hallway with wash basin
Ladies W/C with wash basin
Disabled W/C with wash basin
Commercial kitchen comprising: stainless steel double sink drainer with jet spray, stainless steel wash basin, dual deep fat fryer, 9 burner hob, extraction canopy, char grill, tandoori oven, chicken steamer, stainless steel work table commercial tin opener, wall mounted shelving, metal storage racking, stainless steel wall cladding, walk-in cold room, upright freezer and chest freezer.

External
Shared rear yard with stairs to first floor flat.
The property benefits from front electric roller shutters, an alarm, CCTV and gas fired central heating.

Business Operation

Trading hours:

Monday – Thursday – 4.00pm – 10.00pm
Friday, Saturday & Sunday – 4.00pm – midnight

Other Information

Inventory / Stock value:
£2,000
Website:
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Contact Information

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