- LOCK UP RESTAURANT
- T/A LAAWEZ
- SHARWARMA, MEDITERRANEAN, GRILLED FOODS
- SALES AREA 460 Sq ft
- PREPARATION ROOM
- BASEMENT KITCHEN
- SEPARATE W.C
- BUSINESS RATES - To be confirmed by City Council
- RENT £36,000 PER ANNUM
- BUSINESS PREMIUM £25,000.
Pam Estates Ltd offer this newly refurbished mediterranean restaurant lease for sale, T/A LAAWEZ on Soho Rd (A41), with sales of freshly grilled kebabs, mediterranean cuisine, naan breads, fresh salads and grilled food.
Sales average £4500.00 p/w with a gross profit yield in the region of 50%. Superbly fitted and designed shop floor area to a high standard, comprises of a service counter sales area with 30 covers, kitchen, rear food preparation area, WC, small rear yard.
Having great potential to increase the weekly sale, due to other business commitments the current leaseholder is having to sell the lease.
TENURE: We understand the premises are held on a secure renewable lease, having approximately 5years unexpired at a rental of £36,000 per annum, exclusive of rates for the for the next 1 year with rent review at that time and thereafter every 3 years.
RENT: £36,000 per annum
RATES: To be confirmed by Birmingham City Council.
BUSINESS PREMIUM: £25,000 is being sought in respect of the existing fixtures and fittings.
Each party is liable for their own legal costs on completion.
Agent fee to be paid by new tenant.
For further information and viewings contact sole agents Pam Estates Ltd.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
These particulars do not constitute part or all of an offer or contract.
The measurements indicated are supplied for guidance only and as such must be considered incorrect.
Potential buyers are advised to recheck the measurements before committing to any expense.
Pam Estates Ltd. has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
Pam Estates Ltd. has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.