An excellent opportunity to acquire a restaurant and bar within a superb new development in Cannock, Staffordshire, has been brought to the market by Christie + Co.
The restaurant and bar forms part of the Orbital Plaza complex – an array of offices and restaurants surrounding the striking 13-storey landmark tower of Ramada-Birmingham North Hotel.
The complex is ideally located on the A5, approximately 300 yards from the M6 motorway and 20 miles from Birmingham. There is a wealth of attractions in the surrounding area: Chasewater Sports Centre and Country Park, the Mountain Bike Centre, Alton Towers, Wolseley Wildlife Reserve and Shugborough Historic Estate to name but a few.
The restaurant trade area accommodates approximately 90 people. It also includes an entrance lobby with a spacious lounge area, a waitress station, WCs – ladies, gents and disabled. The modern, fully-equipped bar incorporates a large standing room, an easy chair seating area and fixed table seating.
Paul Reilly of Christie + Co’s Birmingham office is handling the sale. He says. “This is a great opportunity for either a branded operator or an experienced restaurant/bar operator to build a successful business in this busy complex which includes a quality hotel, Regus office centre and children’s day nursery on site. The restaurant would be ideal for all styles of cuisine, including Mediterranean, Mexican or Italian with a good cocktail bar operation.”
An asking price of £25,000 is being sought for a brand new free-of-tie, 25-year lease, at a passing rent of £40,000 per annum.
Interested parties should contact Paul Reilly on 0121 456 1222.