Catering Premises in Birmingham For Sale

Situated in a parade, busy road, densely populated residential area, adjoining park and school nearby, BIRMINGHAM

Price £65,000 / £600,000

Features

Fully Equipped Catering Premises with A3 & A5 Consent

SINGLE FRONTED PREMISES, in the region of 1,250 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, suspended ceiling with LED lighting.

Customer waiting area.

Sales counter - menu screen.

OPEN PLAN KITCHEN - Stainless steel extractor, 2 doner machines, pizza conveyor oven, 2 x double basket deep fat fryers, tandoori oven, flat plate, grill, heated cabinet, pizza preparation fridge with topping bins, dough roller, fridge, gelatio display freezer, sink and drainer.

Rear preparation area - Second canopy, Sink, fridge chicken machine, etc

Staff toilet with wash hand basin.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to Flat above comprising;

1 Double bedroom.
Bathroom with bath, toilet and sink.
Fitted kitchen / diner.

Outside

Yard to rear.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE LEASE for 5 years with reviews every 3 years (next review 2028) at a rent of £36,000 p.a. for the first 3 years.

Business Rates from April 2025 £1,200 approx. after small business relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £65,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £600,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) £ 420,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote