Leasehold Free of Tie Bar, Stratford Road, B903DN

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Leasehold Bar • Free of Tie • Well Established • Rear Beer Garden • Prominent Trading Position

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

Full Description: Leasehold Bar Located In Shirley, Solihull Prominent Trading Position Rear Beer Garden Free of Tie Ref 3154

Asking Price £29,950 Plus SAV (£5,000)

Location This respected Bar is located in Shirley, Solihull. Situated within a prominent and highly visible trading position on the main (A34) Stratford Road. Shirley is a very busy shopping area and is surrounded by large retailers along with independent retailers all of which bring high levels of footfall to the area. There is ample free parking nearby and Shirley offers easy access to Solihull town centre (2.8 miles) and Birmingham city centre (8.1 miles).

Business Description Veritas Business Sales offer to the market this popular Free of Tie Bar which is located in Shirley, Solihull. There has been a Bar trading from these premises for many years. Our client purchased the business 4 months ago and is struggling to manage his restaurant and bar at the same time. Hence the bar is now reluctantly being offered for sale. Since ownership improvements have been made to the premises and the equipment along with fixtures & fittings which are all bought and paid for (only 2 items on lease) 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. Strawberry Fields is overseen by the owner operated with a team of 1 full time & 2 part time members of staff and has a weekly turnover of £4,000-£4,500. In recent years the bar has taken circa £12,000 per week when live music and DJ's were on at weekends and the trading hours were longer than they are currently. We believe that a new owner operator can increase trade by simply extending the current opening times and reintroduce live music and DJ's at weekends. This is a fantastic opportunity for an experienced operator or someone with drive wanting to enter into the hospitality sector for the first time and purchase an established turnkey free of tie bar with huge potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times Monday - Thursday - 12:00 - 23:00 Friday & Saturday - 12:00 - 00:00 Sunday - 12:00 - 23:00

Leasehold Term: 7 years Remaining: 6 ½ years Rent: £30,000 plus vat pa (ground floor only) Business Rates: zero

Ground Floor Bar comprising: bar servery wit 2 x 6 tap beer pumps, 2 x EPOS tills, 3 x two door undercounter drinks fridges, display shelves for spirits, duke box, mixture of low and high tables & chairs to seat (30) and 4 x wall mounted TV's. Wash-up area behind the bar with stainless steel sink drainer, base units, sky boxes, amp and glass washer (on lease). Office with worktops, wall & base units, CCTV monitor (16 camera system) and ice machine (on lease). Ladies toilets with 2 x W/C's, 2 x wash basins, 2 x wall mounted mirrors and wall mounted hand dryer. Hallway with wall mounted mirror, access to the toilets and rear exit door. Gents toilets with W/C, 3 x urinals, wash basin, wall mounted mirror and wall mounted hand dryer. Cellar room & bottle store with all the usual requirements. External Rear beer garden with seating for (28), some of which are covered and have 2 x TV's, 2 x electric heaters and a wall mounted mirror. Rear bin store. EPC Rating C