Fantastic opportunity for sale is this established Italian/Mediterranean restaurant for sale. Full renovation just over 12 months ago providing a calming ambience. Regular customers and fantastic area catering to driers who require parking but also a busy footfall area with walkers passing by. Full kitchen, bar and seating area with approximately 30 seats and small outdoor area. Full cellar for storage and takeout currently operates from this establishment. A nice small family run establishment that is only for sale due to relocation. Fantastic opportunity.
- Asking Price:
- £140,000 Furniture / Fixtures included
- Turnover:
- £200K - £500K
- Net Profit:
- £50K - £100K
Property Information
- Property:
-
Leasehold
- Leasehold Rent:
-
£2,000 per annum
- Living Accommodation:
-
Living accomodation upstairs with 2 bedrooms, lounge and kitchen
- Location:
-
Just off prime high Street location for central Chapel Allerton.
- Premises Details:
-
Upto 30 seater restaurant. Full kitchen equipment, bar.
- Planning Consent:
-
Not applicable
Business Operation
- Expansion Potential:
-
Potential to expand to upper floor
- Reasons for selling:
-
Relocation of seller
- Trading hours:
-
Tuesday to Friday, 8am to between 10 and 10:30 pm
- Employees:
- 3
- Years established:
- 1.5
Other Information
- Furniture / Fixtures value:
- £50,000 - included in the asking price
- Distressed:
- This business is operating under a CVA (Company Voluntary Arrangement).
