**Standout Features:**
- Newly renovated leasehold Italian restaurant
- Two-bedroom accommodation above, currently sub-let for £850 PCM
- Licensed with seating for 72 customers
- Low overheads; rent at £10,000 per annum
- Average weekly turnover of £12,000 - £14,000
- High visibility location on Warwick Road (A41) in Olton, Solihull
**Potential Concerns:**
- Lease has only 3 years remaining, which may hinder financing options
- Area classified as having high crime rates
Discover a prime investment opportunity with this beautifully renovated leasehold Italian restaurant located in a bustling area of Olton, Solihull. With a spacious dining area accommodating 72 guests and low overhead costs, this already established eatery boasts an average weekly turnover of £12,000 to £14,000, positioning it well for immediate profit and future growth. The two-bedroom apartment above offers additional value, currently generating £850 per month through staff rental.
The restaurant features a modern interior with a full commercial kitchen equipped with top-notch appliances, ensuring no immediate investment is required. Though the leasehold only has three years remaining—a possible challenge for mortgage financing—the restaurant’s prominent location opposite popular chains like Tesco Express and McDonald’s provides ample foot traffic.
This thriving establishment is a fantastic base to build on, ideal for an enthusiastic owner-operator looking to increase revenue. Given its reputation in the community and loyal customer base, early viewing is recommended; don't miss out on the chance to own this successful restaurant in a sought-after location!
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