Leasehold Italian Restaurant, Warren Farm Road, Birmingham, B44 0QU

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

Key Features: • Leasehold Italian Restaurant • Fully Fitted & Newly Refurbished • Licensed • Frontage With Potential For External Seating

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 Italian Restaurant & Takeaway Located In Kingstanding A3 Consent Licensed Ref 3071

Asking Price £65,000

Location This leasehold Italian Restaurant is located in Kingstanding, Birmingham. Situated within a prominent and highly visible trading position on Warren Farm Road. Its part of a parade of shops with a customer car park directly outside and overlooks the busy Kingstanding road. The immediate area is densely populated with residential houses so all of the above brings decent levels of footfall to the area.

Business Description Veritas Business sales offer to the market this delightful Italian Restaurant which is located in Kingstanding. The premises had traded as a Pizzeria since 2018 and our clients transformed it into what you see today back in October 2024. They are now offering the restaurant for sale due to them wanting a bigger site. Since ownership they have renovated, redecorated and invested in new 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 a new owner as additional funds will not need to be spent for some time. Costa Sorrento is owner operated by 2 partners with the help of 1 part time member of staff. The turnover is circa £4,500 per week and that figure will continue to rise. The walk-in restaurant trade is approximately 70% of the turnover with the remaining 30% deriving from the online delivery portals Just Eat, Deliveroo and Uber Eats. The menu offers authentic Italian cuisine, to include pizzas. All meals are freshly cooked to order using only the finest high quality produce and can be accompanied with some fine wines and enjoyed within the cosy (30) cover restaurant. We believe that there is further potential to increase revenue should you wish, by utilising the frontage for additional covered seating. The business in a short space of time already 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 growing business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours Monday - Sunday - 12:00 - 23:00

Leasehold Term: 7 years Remaining: 6 ¾ years Rent: £18,000 pa Rent: year 2 & 3 £20,000 pa Reviewed: 3 yearly Business Rates: £1,184 pa Ground Floor Open plan kitchen & restaurant comprising: tables & chairs to cover (30), bar area with worktop, 2 door undercounter fridge (Prodis), coffee machine (Delonghi), storage shelves, wall mounted spirit & wine display shelves, 2 door undercounter drinks fridge (Cater-cool) and understairs storage cupboard. Kitchen area comprising: pasta section with worktop, countertop saladette (Empire), 2 x two door undercounter fridges (Polar), undercounter freezer (Bush), microwave (Goodmans), pizza section with marble pizza worktop, tabletop saladette (Adexa), 3 door undercounter fridge (Adexa), wash basin, serve over sales counter with EPOS till, 2 x small chest freezers, gas & wood powered pizza oven (Gozney), 2 deck oven (ideck), 6 burner range (Cobra), stainless steel table with shelf, extraction canopy and dual deep fat fryer (Falcon). Wash-up area with dual stainless steel sink, stainless steel table with commercial can opener, wall mounted knife rack, dishwasher (Winterhalter), glass washer (Class EQ), wall mounted paper towel dispenser and rear exit door. Hallway with stairs leading to the first floor.

First Floor Dry stores with coded door entry, walk-in cold room and 5 x five tier metal storage units, 2 door stainless steel freezer (Polar), upright freezer (Gram), stainless steel table, wall mounted shelf, 3 x metal storage units, chest freezer, 2 door undercounter drinks fridge (Lec) and worktop. Prep room with coded door entry, 2 x stainless steel tables, 2 x induction hobs (Buffalo), deep fat fryer (Pro lite), 2 x five tier metal storage units, flour storage container, 2 speed dough mixer, combi oven (Rational) with stand, stainless steel wash basin, dual stainless steel sink with directional hose, wall mounted metal storage rack, blender (Buffalo), insect zapper (Zapmatik), wall mounted paper towel dispenser and wall mounted storage cupboard. Boiler cupboard with water boiler (Santon). Hallway with 2 x baby high chairs and storage unit. Ladies W/C with wash basin, vanity unit, wall mounted mirror, wall mounted hand dryer, wall mounted soap dispenser and bin. Gents W/C with wash basin, vanity unit, wall mounted mirror, wall mounted soap dispenser and wall mounted paper towel dispenser. Office & storeroom. External Frontage with disabled ramp and seating area. Rear yard with is enclosed and comprises storage shelves, bin area, side entry access to the frontage and a storeroom with LPG gas tanks. .