An excellent opportunity to acquire an established and recently refurbished wedding and events venue in a well-connected Birmingham location.
The Diamond Suite is offered as a going concern, with the benefit of the existing fixtures and fittings, providing an incoming operator with the opportunity to take over a fitted and operational events venue.
The venue has been designed to cater for a wide range of functions including weddings, receptions, parties, celebrations and corporate functions.
The main function space is currently arranged to accommodate approximately 270 guests in a banqueting layout, with scope for alternative layouts depending on the nature of the event.
The premises have been recently refurbished and are presented to a good standard throughout, with much of the infrastructure required to operate an events venue already in place.
The sale includes the existing fixtures and fittings, with further details and an inventory available upon request.
Location
The property occupies a convenient position on Adderley Road, Saltley, approximately 2 miles east of Birmingham City Centre.
The location provides good access across Birmingham and the wider West Midlands, with nearby road connections including the A47, A4540, A38(M) and M6.
The surrounding area is densely populated and the venue is well positioned to serve Birmingham and the wider West Midlands.
Parking
Parking is available for customers and guests, an important benefit for a venue of this nature.
Business Opportunity
The Diamond Suite provides an opportunity for an experienced operator, events company or new entrant to acquire an established venue without the significant time and capital expenditure typically associated with fitting out a wedding and events facility from scratch.
The premises are being offered on a leasehold basis, together with the existing business goodwill and fixtures and fittings.
Terms
Premium: £150,000
Rent: £72,000 per annum (£6,000 per calendar month)
Tenure: Leasehold
Further information regarding the lease, business and inventory is available upon request.
Viewings
Strictly by prior appointment through the sole agent:
Important Notice
These particulars are intended as a general guide only and do not form part of any offer or contract. Interested parties should satisfy themselves as to the accuracy of the information provided and make their own enquiries regarding the premises, business, planning/use, licensing, fixtures and fittings and lease terms.
