Leasehold Italian Restaurant Located In Hall Green

Leasehold Italian Restaurant Located In Hall Green
Ratings / Facebook 5.0 / TripAdvisor 5.0
Licensed A3 Consent
Ref 2731

Location
Veritas Business Sales are delighted to offer to the market this respected Italian Restaurant which is located in Hall Green, Birmingham. Situated within a prominent and highly visible trading position on a small parade of shops where Highfield Road meets the very busy (A34) Stratford Road. Adjacent you have The Bull’s Head public house and close by is Waitrose Supermarket and Aldi Supermarket both of which bring high levels of passing footfall to the area. Hall Green is well serviced by public transport and is densely populated with residential properties. Birmingham City Centre is 6 miles away and Solihull Town centre just 3 miles.

Asking Price £59,950 plus SAV (£4,000)

Business Description
Veritas Business sales offer to the market this outstanding Italian Restaurant which is located in Hall Green. There has been a restaurant in these premises since 1993 and our client has owned the freehold since 2004 but has leased the restaurant out. He reopened the restaurant himself in October 2020 and is now reluctantly offering the business for sale due to unforeseen ill health.
Since ownership they have totally refurbished, redecorated and continually 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. La Romana is owner operated with the help of 2 full time & 5 part time members of staff and has an average weekly turnover of £3,500-£4,000. The menu offers a fine range of authentic Italian cuisine, to include fresh pastas, fresh fish, chicken & meat dishes, artisan stone baked pizzas, desserts, Gelato ice cream, specialist coffee, soft drinks, bottled beers and a range of fine wines. All can be enjoyed within the cosy (30) cover internal restaurant or the 30 cover external seating area which has a retractable roof. The restaurant has built a reputation where all meals are freshly cooked to order using only the finest high quality produce.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times and opening lunchtimes and by joining more of the online portals and expanding the delivery service. The business 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 newly fitted turnkey restaurant which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Tuesday – closed
Wednesday – Saturday – 5:00pm – 10:00pm

Leasehold
New lease available
Term: negotiable
Rent: £22,200 pa
Business Rates: zero

Ground Floor
Restaurant comprising: tables & chairs to cover (30), sales counter with chilled cake display cabinet, wine fridge (Adexa), Gelato ice cream freezer, EPOS till system, wine cooler, 2 x 2 door undercounter drinks fridges, glass cabinet, 2 x 5 tier storage racks, glass washer (Prodis Jet 35), worktop with wash basin, dual head espresso coffee machine (Fracino), coffee grinder (Barstcher), ice machine (Bar line), heated gantry, plate warmer, stone pizza oven (Clay Ovens), extraction, saladette with marble worktop and 3 door undercounter fridge, pizza dough roller (Prismfood) and cutlery cabinet.
Commercial kitchen with pasts boiler (Buffalo), 6 burner range, grill, extraction canopy, dual deep fat fryer (Quattro), saladette with marble top and 3 door undercounter fridge, dough mixer, stainless steel table with commercial can opener, plate warmer (Modena), small chest freezer (Fridgemaster), wash basin, stainless steel sink drainer, automatic grease trap, combination boiler (Baxi), wall mounted shelf, large stick blender, metal racking, commercial microwave (Adexa), TV and insect zapper.
Rear hallway with water tank, dishwasher (Adexa), metal trolley and rear exit door.
Storeroom with stainless steel freezer (Adexa), upright freezer, stainless steel fridge (Adexa), stainless steel fridge (Polar), meat slicer, stainless steel table, stainless steel shelf, dough ball storage containers and flour storage container.
Hallway with baby high chair.
Ladies W/C with wash basin, wall mounted hand dryer and wall mounted mirror.
Gents W/C with wash basin and wall mounted hand dryer.

External
Frontage with external seating for (30) which has a retractable roof and soon to have retractable sides. Rear yard with bin area.

EPC Rating C