**REDUCED**Freehold Commercial Property in Aldridge, West Midlands

Walsall, West Midlands
REF: 05614

Asking Price:
£1,350,000
Annual Turnover:
£300,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 05614
Photo of **REDUCED**Freehold Commercial Property in Aldridge, West Midlands
Photo of **REDUCED**Freehold Commercial Property in Aldridge, West Midlands
Photo of **REDUCED**Freehold Commercial Property in Aldridge, West Midlands
Photo of **REDUCED**Freehold Commercial Property in Aldridge, West Midlands

Overview

Tenure:
Freehold
Established:
1990
  • High quality premises
  • Semi-rural location
  • 100 covers available
  • Huge potential for change of business
  • Minimal competition from catering businesses

A highly expandable opportunity has now arisen for a buyer looking to utilise a large commercial property for the purpose of catering or care.

Currently trading as a Chinese restaurant, the property possesses the space, as well as the necessary fixtures and fittings for a new owner to continue trading as a restaurant, or an alternative business which requires a large premises.

A potential buyer would be able to take advantage of the property’s rural location and fully fitted premises in order to set up and drive their chosen business to future success.

Operating as a Chinese restaurant, the recently renovated property possesses all the necessary fixtures and fittings for a new owner to set up a spacious restaurant or care home. Assets include all tables, chairs and cooking equipment such as a cooking range, coffee machine, bar pumps and CCTV.

Set on approximately 2 acres of land, the business boasts a peaceful setting within its private gated entrance. Its sizeable car park accommodates both staff and customers and its outside terrace has room for 20 visitors, highly popular during the summer months. Disabled access into the premises leads to a small reception and bar area, utilised by waiting customers. Internally, exposed beams and brickwork mixed with contemporary equipment gives the property a unique character and charm. To the right of the entrance is a high quality dining area. Then a small hallway leading to an additional two dining areas, a private function room and large kitchen. The first floor houses staff quarters with four self-contained living areas, as well as the owner’s living accommodation, inclusive of several storage rooms, a living room, kitchen, family bathroom and three bedrooms.

Intelligent Business Transfer are delighted to bring to the market an excellent opportunity to purchase a large commercial property which has recently been renovated to a very high standard.

The property lends itself perfectly to a buyer looking for a high quality premises from which to run a catering establishment or residential care home, ideal for either a corporate chain or highly successful independent business.

Various ways in which a new buyer could take full advantage of the property exist. Its beautiful setting alone would do much to attract clientele, however as there is additional land which is not currently used, a buyer is provided with the potential to extend the property. Implementing advertising in the form of a website of social media would also be advantageous to any business using the property as a base.

Intelligent Business Transfer are now searching for a suitable buyer to take on this commercial property.

Features

Online Presence

Website: www.simonsrestaurant.co.uk/

Location

Property

Rates
TBC
Accommodation Included
TBC
Freehold Property Value
£1,450,000
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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