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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Offers in region of£85,000 | 699 sq ft
Added > 14 days

Restaurant for sale

Handsworth, Birmingham B21
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Restaurant
0 bed
0 bath
699 sq ft / 65 sq m

Property description & features

  • Tenure: Leasehold (8 years remaining)
Simple Estates are delighted to offer this well-established business for sale in Handsworth. Situated within a prominent and highly visible trading position on Grove Lane and approximately 3 miles from the thriving Birmingham City Centre and walking distance to Soho Road,Handsworth Park & Local schools. Our client has invested in 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 any new purchaser as additional funds will not need to be spent for some time. EQUIPMENT: A comprehensive trade inventory includes an 'AA' Catering' 2 pan counter range, computerised till, salad display unit, commercial microwave, 3 kebab machines, drinks fridge, freezer, stainless steel preparation table, business utensils plus more. (The above items have not been tested). We are informed that takings presently are in the region of £5,000 per week.

OIRO - £85,000 BUSINESS
RENT- £834pcm
LEASE TERM - 8 YEARS/ GROUND FLOOR ONLY
700sqft floor area with fixtures & fittings

Tenure/Rent

The property is available by way of a lease assignment. A premium of £85,000 is sought in respect of the fixtures and fittings.

Business Rates

Currently Small business rate relief applies. Interested parties are advised to make their own enquiries to Birmingham City Council on.

VAT

We understand that the property is not elected for VAT.

Legal Costs

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing

Strictly by prior appointment with sole agents, Simple Estates.

Monday
12-2 pm
4:30-9 pm

Tuesday
12-2 pm
4:30-9 pm

Wednesday
12-2 pm
4:30-9 pm

Thursday
12-2 pm
4:30-9 pm

Friday
12-2 pm
4:30-10 pm

Saturday
4:30-9 pm

Sunday
Closed

LOCATION IS IDEAL TO DEVELOP LATE NIGHT TRADING HOURS

Tenure: Leasehold (8 years)

Property information from this agent

Places of interest

    Request viewing/info
    We are a sales and lettings agent covering Birmingham City Centre, Perry Barr, Great Barr, Aston, Nechells, Handsworth, Erdington, Lozells, Jewellery Quarters, Ward End, Washwood Heath and Digbeth. As a company we thrive on making our clients happy whether your a seller , buyer , landlord or tenant. Our experienced and friendly staff have extensive local knowledge ensuring that we provide a proactive service. The main objective is to make our service transparent and simple for our users without complicated jargon whilst maintining high level of professionalism. In order to achieve this we have taken innovative approach using the latest technology in combination with our attention to detail, conscientious attitude, experience, resouces and skills to deliver the kind of services that our clients require. We are a forward looking business based on traditional values,we always strive to be at the forefront of the property market. Fully accredited and up to date with ever changing tenancy law and government legislation. Details of some of the properties currently on our books can be found on this website, together with essential information for all clients and a description of our services. If you require any further information or advice please do not hesitate to contact us. We look forward to hearing from you.

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    *DISCLAIMER

    Property reference CS0064. 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 Simple Estates - Birmingham.

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

    Broadband availability and predicted speed: obtained from Ofcom on March 6, 2024

    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.