Property Hosting Upmarket Afghan Restaurant in Trendy Moseley Heads to Auction

A property hosting the highly regarded Kabuli Afghan restaurant in one of Birmingham’s trendiest suburbs is set to feature as a star lot in Bond Wolfe’s next auction.

Situated at 120 Alcester Road, Moseley, the property generates a rental income of £45,000 per annum from a lease that runs until June 2030. This prime investment opportunity comes with a guide price of £425,000 and will go under the hammer in Bond Wolfe’s live-streamed auction on Thursday, 6 February.

Ian Tudor, Commercial Auction Director at Bond Wolfe, said:

“This restaurant investment property occupies a highly prominent position with a main road frontage within the affluent suburb of Moseley.

“This is a virtual freehold property, with 995 years unexpired on a long leasehold, and it commands a good rental income.

“The restaurant is a well-presented, recently refitted, and modern venue with an attractive entrance lobby, main dining area with approximately 76 covers.

“There is also a bar, a large modern fitted commercial kitchen, office, staff toilets and shower room, two male and two female toilets, and a separate accessible toilet with baby change facilities.

“The property has been finished to a very high standard throughout, extending to approximately 2,453 sq ft, and there is one allocated car parking space outside.

“The property is considered to occupy an excellent location for its existing use as an upmarket restaurant but would also be suitable for a variety of alternative uses, subject to planning permission.”

Prime Location

The Kabuli restaurant occupies a prominent position on the eastern side of the A435 Alcester Road, near the junctions with Chantry Road and Woodbridge Road, in the heart of Moseley.

Moseley is a sought-after mixed-use area, offering residential charm alongside a variety of professional offices, shops, and major retailers such as Co-Op and M&S. The area also boasts a vibrant hospitality scene, with numerous bars, coffee shops, and restaurants.

The property is let on a full repairing and insuring lease to F&H Enterprise (Colmore) Limited, trading as Kabuli. The lease includes a rent review later this year, making it an appealing investment with potential for further rental growth.

Auction Details

This prime investment property will be one of scores of lots appearing in Bond Wolfe’s upcoming live-streamed auction, starting at 8:30am on Thursday, 6 February.

The auction will be streamed live via Bond Wolfe’s website, with remote bidding options available by proxy, telephone, or internet.

For more details and to register to bid, click here, email [email protected], or call 0121 312 1212

Ends (391 words)

Each property is subject to a reserve price which may be different from the guide price. Please refer to the Important Information and legal pack(s) for further information and any additional fees which may apply.