Leasehold Free of Tie Bar, Stratford Road, B903DN
Leasehold
£29,950
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Pub for sale
- USE CLASSUse class orders: A4 Drinking Establishments
A4
Key features
- Leasehold Bar
- Free of Tie
- Well Established
- Rear Beer Garden
- Prominent Trading Position
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
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
Leasehold Free of Tie Bar, Stratford Road, B903DN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shirley Station0.9 miles
- Yardley Wood Station1.5 miles
- Whitlock's End Station1.6 miles
About VERITAS BUSINESS SALES LTD, Midlands
CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AGIndustry affiliations:
Notes
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Disclaimer - Property reference 3154. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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