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Slug & Lettuce, 11 - 19 Birmingham Road, Sutton Coldfield, West Midlands B72 1QA

£16,500

Business rates & charges may apply

Sprosen Ltd, Weston-Super-Mare
SIZE

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SECTOR

Pub for sale

Key features

  • Vibrant busy late-night bar/restaurant on busy Sutton Coldfield High Street
  • Late license until 1.30 am (Friday - Saturday)
  • With a forecast annual turnover of circa £1,139,006 p.a.
  • Split Wet circa £957,088 / Dry circa £168,909 / Other £7,997
  • Open plan dining/drinking area/booths circa 100
  • Private outside dining area
  • Great trade kitchen on the ground floor
  • 1 x 2 bed flat PLUS 3 x 1 Bedsits available

Description

LOCATION

Sutton Coldfield is a large bustling town with great links to Birmingham City Centre.

The Slug & Lettuce is located a 2 minute walk from the busy Gracechurch Shopping Centre. There is public parking to the rear of the venue making it very accessible for all.

There are numerous cafes, restaurants and bars situated on the Birmingham Road, meaning plenty of competition to take advantage of.

THE BUSINESS PREMISES

Perfectly located on the busy high street through Sutton Coldfield centre, this venue benefits from both passing and local trade during the day and is a key part of the Sutton Coldfield nightlife scene with the late licencing allowing it to trade until 1.30 am. It is a spacious establishment with income from beverages, food and gaming.

The venue features one large trading area but is beautifully laid out with booth seating as well as furniture which can be moved to accommodate the later evening nightlife.

A fully equipped catering kitchen is situated on the ground floor.

With a 1.30 am licence on the weekend and a fully functioning trade kitchen, the venue is one which can cater for all opportunities.

With the benefit of a well fitted commercial kitchen.

PRIVATE QUARTERS

Main Accommodation:

* 2 bedrooms
* 1 lounge
* 1 bathroom
* 1 kitchen
* Second floor location

Self-Contained Bedsit 1

* Bedroom/living area
* Private shower
* Shared toilet
* First floor location

Self-Contained Bedsit 2

* Bedroom/living area
* Private shower
* Private toilet
* Second floor location

Self-Contained Bedsit 3

* Bedroom/living area
* Private shower
* Private toilet
* Second floor location

THE BUSINESS

We do not have trading accounts, but the owners forecast is circa £1,139,006 p.a.

We cannot warrant any trading figures.

TENURE

The Slug & Lettuce at Sutton Coldfield is available on a turnover tenancy agreement with the Stonegate Group.

There will be a wet tie to Stonegate.

Guide rent is quoted at £111,866 p.a.

Brochures

Slug & Lettuce, 11 - 19 Birmingham Road, Sutton Coldfield, West Midlands B72 1QA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sutton Coldfield Station0.3 miles
  • Wylde Green Station1.0 miles
  • Four Oaks Station1.4 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.

If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.

We have been established for 17 years and we look forward to being of help in the future.

Notes

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