Restaurant for sale

Leasehold Italian Restaurant Located In Acocks Green

0121 721 6440

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Restaurant

0 bed

0 bath

Property description & features

Leasehold Italian Restaurant
Self Contained Three Bedroom Accommodation
Licensed
Established Business
Prominent Location

Leasehold Italian Restaurant Located In Acocks Green
Three Bedroom Accommodation Above
Licensed A3 Consent
Ref 2978

Location
Veritas Business Sales are delighted to offer for sale this respected Italian Restaurant which is located in Acocks Green, Birmingham. Situated within a prominent and highly visible trading position on the main (A41) Warwick Road. Acocks Green is (6 miles) from Birmingham City Centre and (4 miles) from Solihull town centre. It's a very busy shopping area which offers an array of large retailers along with niche independent retailers. Acocks Green railway station is located in close proximity and has frequent services to Birmingham Snow Hill (9 minutes) and Solihull (6 minutes).

Asking Price £149,950

Business Description
Veritas Business sales offer to the market this outstanding Italian Restaurant which is located in Acocks Green. There has been an Italian Restaurant here for many years and the business has been in careful hands of our clients since October 2015. They are now offering the restaurant for sale so that they can relocate and concentrate on other business interests.
Since ownership they have 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. Pasta Di Piazza is owner operated with the help of 4 full time & 3 part time members of staff and has an average weekly turnover of £7,000-£7,500. The menu offers a fine range of authentic Italian cuisine, to include pizzas. All meals are freshly cooked to order using only the finest high quality produce and can be accompanied with some fine wines and enjoyed within the cosy (60) cover restaurant.
We believe that there is further potential to increase revenue should you wish, by opening throughout the daytime and concentrating on more deliveries. 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 an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Sunday - 12:00 - 15:00 - 17:00 - 23:00

Leasehold
Term: 20 years
Remaining: 11 ½ years
Rent: £23,940 pa
Reviewed: 3 yearly
Business Rates: £2,400 pa

Ground Floor
Entrance door leading into a small vestibule porch.
Restaurant comprising: tables & chairs to cover (60), bar area with draught (Peroni) pump, dual head espresso coffee machine (Monza), coffee grinder (Astoria), glasswasher (Class EQ), wine fridge, 2 door undercounter drinks fridge (Blizzard), 2 door drinks fridge (Klimasan), EPOS till system, storage shelves and cutlery & linen storage area. Kitchen comprising: 2 x stainless steel prep tables, dough mixer, 2 x undercounter freezers (Lec), 8 burner range (Blue Seal), char grill (Blue Seal), dual deep fat fryer (Blue Seal), stone pizza oven (Cuppone), saladette with 2 door undercounter fridge, stainless steel wash basin, metal shelf, commercial microwave (Panasonic) extraction canopy, stainless steel upright fridge (Atosa), dual stainless steel sink, 4 x wall mounted metal shelves, saladette with 2 door undercounter fridge (Polar), wall mounted paper towel dispenser and insect zapper.
Pot wash with dishwasher (Class EQ), stainless steel sink, metal shelf and rear exit door.
Ladies W/C with wash basin, wall mounted hand dryer, wall mounted mirror and ceiling fan.
Gents W/C with wash basin, wall mounted hand dryer, wall mounted mirror and ceiling fan.
The restaurant benefits from gas fired central heating and also has an electric blow heater over the entrance door.

First Floor
Room with a walk-in cold room.
Dry stores with 2 x chest freezers, filing cabinet and 2 x storage units.

External
Frontage with seating area for up to (20). Small rear yard with bin area and metal stairs leading to the first floor accommodation.
Flat
Entrance door leading into a hallway. Double bedroom. Double bedroom. Single bedroom. Kitchen. Lounge/diner with door leading to an external balcony/terrace. W/C with wash basin. Family bathroom with W/C, wash basin and electric shower (Triton) over the bath.
The flat benefits from gas fired central heating and UPVC double glazing.

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Places of interest

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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