Summary - 16 BURNETT ROAD SUTTON COLDFIELD B74 3EJ
1 bed 1 bath Restaurant
Turnkey, profitable venue with significant short-lease considerations.
108 covers across two floors
Turnover £463,439; pre-tax profit circa £135,000
Fully fitted kitchen and fixtures included
Licensed A3 consent; strong local regular trade
Rear parking for five; extra evening parking available
Short lease: 10 years remaining — lender risk
Rent £28,000 pa; service charge c. £4,000 pa
Business rates £3,181.12 pa
An established, fully fitted Italian restaurant with A3 licence and strong historic turnover sits on a busy Sutton Coldfield high street. Open since 2005 and under the current ownership since 2009, the business produces healthy margins and comes with all fixtures, fittings and commercial equipment included — a ready-to-trade opportunity for a hands-on purchaser.
The restaurant offers 108 covers across two floors, five off-street rear parking spaces and four air-conditioning units (with heating function). Recent investment in kitchen kit and front-of-house fittings reduces short-term capital expenditure. There is clear upside by extending opening hours and building on an existing base of regular local trade.
Important lease and cost information: this is a leasehold sale with only 10 years remaining, rent of £28,000 pa (plus VAT) and a service charge around £4,000 pa (plus VAT). The short lease term is a material issue — many mortgage lenders and some finance providers may refuse lending on this asset. Interested buyers should factor leaselength, renewal costs and business rates into purchase planning.
Overall, this is a profitable, turnkey restaurant suited to an experienced operator or investor prepared to manage lease negotiations. Asking price is £175,000 plus stock at valuation (SAV £10,000).
Commercial property for sale in Romantica, 287 Lichfield Road, Sutton Coldfield, B74 2XH, B74 — £850,000 • 1 bed • 1 bath • 8712 ft²
Restaurant for sale in Leasehold Italian Restaurant, Warwick Road, Birmingham, B27 6QT, B27 — £99,950 • 3 bed • 1 bath
Restaurant for sale in Leasehold Restaurant, Birmingham, B13 — £149,950 • 1 bed • 1 bath
Restaurant for sale in Leasehold Cafe Bar & Italian Restaurant, Church Road, Birmingham, B26 3YH, B26 — £44,950 • 1 bed • 1 bath
Restaurant for sale in Leasehold Mediterranean Restaurant, High Street, Birmingham, B17 9PN, B17 — £99,950 • 1 bed • 1 bath • 334 ft²
Takeaway for sale in Leasehold Restaurant & Takeaway, Station Road, B37 7BA, B37 — £20,000 • 1 bed • 1 bath • 900 ft²
