Thinking of investing in a pub? Maybe you’re looking to expand an existing pub chain? As a hub of business, culture, events, and fine dining, Birmingham could be the ideal location to open a new drinking hole. From the quirky cool of Digbeth to the historic Jewellery Quarter, you’ll rarely be short of thirsty punters if you opt for a highly visible trading location.
Why buy a pub in Birmingham?
There are several considerable commercial advantages to buying a pub in Birmingham. For one, its vast, diverse population means your options are ample: you might decide to invest in a well-established sports bar, for example (the West Midlands is synonymous with sports of all kinds), or a more traditional public house. Throw in a function room and private parking and your pub could generate a significant annual turnover, particularly if you choose a fantastic trading position in a busy town centre spot.
Birmingham is also home to no less than 5 universities, so it naturally attracts millions of students from all over the world, while there are several large businesses based in the city. A well-run public house in a bustling central location is likely to generate high foot traffic, while a friendly boozer situated in Birmingham’s suburban outskirts will surely become a favourite of locals.
Other businesses for sale in Birmingham
Whether you see yourself as a pub landlord or not, Birmingham has a broad range of investment opportunities for budding business owners. With many business travellers as well as tourists frequenting the city, a hotel in Birmingham could turn a steady profit. Alternatively, with dental services in extremely high demand, why not explore dental practices for sale in the West Midlands area? With a young population, a leisure business such as a gym could also be a lucrative venture.
If you’ve identified the sprawling Second City as your next business destination, contact Christie & Co today. We can help uncover the best vacant commercial properties in a range of industries and locations across Birmingham.