Leasehold Italian Restaurant & Deli Located In Hall Green
Licensed On & Off Premises
A5 Consent
Ref 2999

Asking Price £24,950

Location
Veritas Business Sales are delighted to offer to the market this Italian Restaurant & Deli which is located in Hall Green, Birmingham. Situated within a prominent and highly visible trading position on the very busy Stratford Road (A34). Its within a parade of shops and is opposite Waitrose Supermarket and Aldi Supermarket is nearby all 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).

Business Description
Veritas Business sales offer to the market this Italian Restaurant & Deli which is located in Hall Green. The business has been in the careful hands of our client for the past 4 ½ years and is now being offered for sale so that they can enjoy a well deserved retirement.
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. Giancarlo's is a 30 cover Italian Restaurant which is owner operated and has a weekly turnover of circa £2,500 on trading just 4 evenings per week. We are only selling the lease and fixtures & fittings. The business and name is not being transferred so no accounting information will be available.
We believe that there is further potential to increase revenue should you wish, by opening throughout the daytime and opening more evenings. The business 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 restaurant in a prominent location and as such early viewing is highly recommended.

Current Opening Hours
Wednesday - Saturday - 18:00 - 22:00
Licensing hours - 12:00 - 23:00

Leasehold
Term: new 6 year lease available
Rent: £15,500 pa
Business Rates: currently zero

Ground Floor
Entrance door leading into a small vestibule porch.
Restaurant comprising: tables & chairs to cover (20), 2 x retail display racks, storage worktop with wine storage rack and base storage unit, bar area with undercounter drinks fridge (Cater-cool), storage shelves for glassware, bean to cup coffee machine (Greenworks coffee), cash register (Casio), stainless steel sink and 4 x storage shelves.
Kitchen with 4 burner range (Lincat), 6 burner range (Lincat), hot food cupboard (Lincat), extraction canopy, stainless steel worktop with can opener, combination boiler (Main), wall mounted paper towel dispenser, wash basin, stainless steel sink, stainless steel table, dishwasher (Alfa Euroline 40) and rear exit door.
Storeroom with 2 x storage units, chest freezer (Logik) and upright stainless steel fridge (Gastro-line). Hallway with storage area, storage cupboard and stairs leading to the first floor. Customer W/C with wash basin, wall mounted mirror and wall mounted paper towel dispenser.
.
First Floor
Lounge.
2 x double bedrooms.
Single bedroom.
The first floor is currently used as storage but with some conversion would make a nice 2 bedroom flat.

External
Frontage with seating area for (6).
Rear garden/yard area with an outside storeroom.

EPC Rating C

The property benefits from gas fired central heating, canopy to the frontage and electric roller shutters to the frontage.

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.

No longer on the market

Restaurant

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