No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£150,000
Added > 14 days

Restaurant for sale

Leasehold Greek Restaurant Located In Moseley
Sold STC
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Restaurant
0 bed
0 bath

Property description & features

  • 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

Places of interest

    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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    *DISCLAIMER

    Property reference 2878. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.