Ladypool Road, Birmigham

BUSINESS OVERVIEW

Property Pro are delighted to present an opportunity to acquire a well established restaurant business occupying a prominent double fronted position on Ladypool Road, one of Birmingham's best known restaurant destinations.

The restaurant has been successfully operated by the current owners for approximately 13 years and has built a strong reputation together with a loyal customer base from both the local area and across the West Midlands. The business is owner operated with experienced staff in place and is offered for sale only as the current owners wish to pursue a new opportunity.

The business is offered on a leasehold basis with Offers in Region of £150,000 sought for the goodwill, including all fixtures and fittings.

PROPERTY DESCRIPTION

The business occupies the entire building, comprising a substantial double fronted commercial restaurant at ground floor level together with a spacious four bedroom flat above, all included within the current lease.

The ground floor provides a spacious customer dining area with seating for approximately 90 covers, together with a commercial kitchen, two customer W.C.s, rear storage area and two cold rooms supporting the day to day operation of the business. To the rear is a private yard providing additional operational space.

The upper floors comprise a generous four bedroom flat with its own independent entrance via the side road. The residential accommodation is currently occupied by staff and has the potential to generate an income of approximately £2,000 per calendar month, subject to the necessary tenancy arrangements, providing an opportunity to offset a significant proportion of the annual lease costs.

Approximate Total Floor Area: TBC

TRADING INFORMATION

The business has established an excellent reputation over many years of trading and continues to attract both regular local customers and visitors from across Birmingham.

• Weekly turnover available to genuinely interested parties following initial enquiries
• Google Rating: 4.3★ (888 reviews)
• Just Eat Rating: 4.2★ 
• TripAdvisor Rating: 4.2★
• Food Hygiene Rating: 4

Opening Hours:

Monday to Friday: 4:00pm – 11:00pm

Saturday & Sunday: 12:00pm – 11:00pm

The business currently has little active social media presence, presenting an excellent opportunity for an incoming operator to strengthen the brand through platforms such as Instagram, TikTok and Facebook. Combined with the potential rental income from the residential accommodation, this offers clear scope to further enhance overall profitability.

TENURE & LEASE TERMS

• Tenure: Leasehold (Business For Sale)
• Current Rent: £42,000 per annum
• Approximately 5 years remaining on the current lease
• Landlord willing to grant a new lease upon expiry of the current term
• Lease covers the entire building
• Rent Review: TBC
• Business Rates: Interested parties should make their own enquiries
• EPC: TBC

LOCATION & LOCAL AMENITIES

Occupying a prominent position on Ladypool Road, this restaurant benefits from one of Birmingham's strongest food and hospitality trading locations. Widely recognised as one of the city's premier destinations for Asian cuisine, Ladypool Road attracts visitors from across England and is renowned for its concentration of well established restaurants, cafés, dessert venues and independent food businesses.

The area experiences consistently high levels of daytime and evening footfall, supported by a large surrounding residential population together with nearby schools, colleges, places of worship and numerous local businesses. Excellent public transport links, including frequent bus services operating along Ladypool Road, provide easy access to Birmingham City Centre, Sparkbrook, Moseley and surrounding districts, while convenient on street parking is available nearby for customers.

VIEWINGS

Strictly by prior appointment with Property Pro.

Please do not approach the premises or speak to staff directly under any circumstances.

LEGAL & COMPLIANCE INFORMATION

MATERIAL INFORMATION & DUE DILIGENCE

Property Pro has requested all relevant material information from the seller in line with the Consumer Protection from Unfair Trading Regulations 2008 and has taken reasonable steps to ensure accuracy at the time of marketing. Some details may be unverified or subject to change. Buyers are strongly advised to carry out their own due diligence, including inspections, searches and professional enquiries, to satisfy themselves that the property meets their needs. In accordance with the Money Laundering Regulations, prospective purchasers will be required to provide identification at the appropriate stage.

GENERAL DISCLAIMER & MISREPRESENTATION ACT NOTICE

These particulars are prepared in good faith but do not form part of any offer or contract. All descriptions, dimensions, references to condition, planning permissions, services and other details are provided without responsibility and should not be relied upon as statements or representations of fact. Purchasers must verify all information independently. No employee of Property Pro has the authority to make or give any warranty in relation to this property. Images and marketing materials are for illustrative purposes only and may not fully represent the current condition. In accordance with the Misrepresentation Act 1967, intending purchasers must satisfy themselves as to the accuracy of the information provided.