Property photos
Business
£49,999
Retail premises for sale
Birmingham, England, United Kingdom B43Local area information
Property location
Nearby amenities
- Pheasey Park Farm Primary School 0.5 miles
- Great Barr Academy 0.6 miles
- Hamstead (Birmingham) 1.7 miles
- Perry Barr 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Business
Please quote reference B08284
Cogogo is delighted to present this incredible opportunity to acquire Luxurious, a well-established and highly regarded restaurant and dessert shop in the heart of Birmingham.
Established in 2022, Luxurious has quickly built up a strong reputation for offering high-quality meals, indulgent desserts, and exceptional service. Our client is now looking to sell this profitable business to pursue other ventures.
The business thrived during its operation, attracting a loyal customer base and becoming a favourite among locals and visitors. However, the company is now closed and no longer trading, offering a glimpse into what made it such a cherished establishment during its time.
Key Features (at the time of operation):
Growth Opportunities:
Located in a vibrant, bustling area, Luxurious benefitted from steady foot traffic generated by nearby retail shops and entertainment venues. Its modern design, excellent reputation, and central location made it an exceptional establishment during its time.
Although now closed, Luxurious serves as a testament to what a well-run restaurant and dessert shop can achieve with the right vision and execution. Its story remains a valuable example of success in Birmingham's competitive hospitality sector.
Location
Luxurious is currently located in Birmingham.
Premises
The entire business operated from the ground floor, ensuring easy access for customers and staff alike. The restaurant comfortably accommodates up to 40 diners indoors, providing an intimate yet spacious dining experience for guests.
Tenure
This opportunity is being sold on a Leasehold basis with 6 years remaining on the lease.
The current rent is £1,700 per month.
A new lease will be offered.
Hours
This business has now closed down, but when trading the operating hours were:
Monday to Sunday - 9:00 am to 1:30 pm & 7:00 pm to 9:30 pm
They hold an alcohol license from between 9 am to 10 pm.
Staff
When trading this business is run and managed by our client with the help of 4 staff members.
Financial Profile
When trading this business generated a turnover of £192,000. Full financials can be made available upon further request.
Please quote reference B08284
Cogogo is delighted to present this incredible opportunity to acquire Luxurious, a well-established and highly regarded restaurant and dessert shop in the heart of Birmingham.
Established in 2022, Luxurious has quickly built up a strong reputation for offering high-quality meals, indulgent desserts, and exceptional service. Our client is now looking to sell this profitable business to pursue other ventures.
The business thrived during its operation, attracting a loyal customer base and becoming a favourite among locals and visitors. However, the company is now closed and no longer trading, offering a glimpse into what made it such a cherished establishment during its time.
Key Features (at the time of operation):
- Established in 2022
- 40 Indoor Covers
- Ground Floor Usage
- Alcohol License
- High Footfall Location
- UberEats Partnership
- Outside Catering Services
- Assets Valued at £75,000
Growth Opportunities:
- Expanding Delivery Platforms: With Uber Eats as the sole delivery platform, introducing additional platforms like Deliveroo or Just Eat is seen as a way to grow online sales.
- Maximising Outdoor Space: The property featured a storage area at the side, ripe for conversion into seating, a takeaway counter, or a dessert kiosk to drive further footfall.
- Social Media Marketing: A targeted social media and digital marketing strategy could amplify visibility and draw in additional customers.
- Event Hosting: Given the business's alcohol license and stylish, modern interior, hosting events such as wine tastings, dessert nights, or private functions could attract new customers and create repeat business.
- Extended Operating Hours: Exploring earlier openings or later closings to cater to different markets.
Located in a vibrant, bustling area, Luxurious benefitted from steady foot traffic generated by nearby retail shops and entertainment venues. Its modern design, excellent reputation, and central location made it an exceptional establishment during its time.
Although now closed, Luxurious serves as a testament to what a well-run restaurant and dessert shop can achieve with the right vision and execution. Its story remains a valuable example of success in Birmingham's competitive hospitality sector.
Location
Luxurious is currently located in Birmingham.
Premises
The entire business operated from the ground floor, ensuring easy access for customers and staff alike. The restaurant comfortably accommodates up to 40 diners indoors, providing an intimate yet spacious dining experience for guests.
Tenure
This opportunity is being sold on a Leasehold basis with 6 years remaining on the lease.
The current rent is £1,700 per month.
A new lease will be offered.
Hours
This business has now closed down, but when trading the operating hours were:
Monday to Sunday - 9:00 am to 1:30 pm & 7:00 pm to 9:30 pm
They hold an alcohol license from between 9 am to 10 pm.
Staff
When trading this business is run and managed by our client with the help of 4 staff members.
Financial Profile
When trading this business generated a turnover of £192,000. Full financials can be made available upon further request.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Cogogo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cogogo for full details and further information.