Nepalese Restaurant for Sale in Birmingham

Nepalese Restaurant for Sale in Birmingham with 2-Bed Flat

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Rent: £16,000 PAX | Circa 947 Sq. ft | Grant of New Lease | Two-Bed Flat Included

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MAIN FEATURES

• 2-Bed Flat Included
• Immaculate Condition & Fully Fitted Nepalese Restaurant
• Late Night Opening Permitted
• Eligible for 100% Business Rate Relief

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LEASE DETAILS

• Lease: Ending in 2024. Landlord to Grant a New Lease
• Passing Rent: £16,000 PAX
• Rent Review: Every 5 years
• Premium: £80,000 (Benefits of Lease & FF&E)

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THE LOCATION

• Birmingham, BE26
• Several Retail Shops & Eateries nearby
• Few Hotels nearby

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TRADING

• Gross Sales Revenue: Circa £260,000 per year (£5,000 per week) (As per the seller)
• Trading as Nepalese Restaurant
• Operated by 5 full time, 4 part-time, 1 driver and one owner
• Delivery partnership with JustEat, Deliveroo & UberEats
• Current Opening Hours: 5pm till 11pm

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THE PREMISES

• Total Area Circa 947 Sq. Ft
• Covers: Circa 50-60
• Payable Rates: NIL (Eligible for Small Business Rate Relief)
• On & Off Alcohol Licence
• Permitted Hours: 11am till 2am

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VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

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DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.