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Fully Equipped Italian Restaurant - Exceptional Value For Sale

County Durham, UK
Asking Price:
£20,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
On request

Exceptional value for a fully equipped, established restaurant ready to trade from day one.

The business has built an excellent reputation locally, benefits from a loyal customer base and is being sold fully equipped and ready to operate.

The restaurant currently accommodates around 50 covers, with potential to increase to approximately 70 covers. There are also three additional rear rooms suitable for storage or operational use.

Key features:

  • Excellent local reputation and strong online reviews
  • 5-Star Food Hygiene Rating
  • Fully equipped commercial kitchen included
  • Alcohol licence in place
  • Approximately 50 covers with potential to increase
  • Large free public car park directly opposite
  • Rent of £750 per month (£9,000 per annum)
  • Exempt from business rates

The business currently operates limited opening hours, does not offer delivery services and closes for several weeks each year, providing clear opportunities for further growth.

Over 300 new homes are currently being built nearby, which is expected to increase local demand in the coming years.

The owners are relocating overseas for family reasons, creating an excellent opportunity for a new owner to take over a well-established, fully established business.

Property Information

Property:

Leasehold

Leasehold Rent:

£9,000 per annum

Location:

Located in a busy County Durham village, benefiting from excellent visibility, a large free public car park directly opposite and a strong local customer base. Over 300 new homes are currently being built nearby, providing further potential for future growth.

Premises Details:

Fully equipped and well-presented Italian restaurant with approximately 50 covers, with potential to increase to around 70. Includes a fully fitted commercial kitchen, bar area and three additional rear rooms suitable for storage or operational use. Ready to trade immediately with no further investment required.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business is currently operated with limited opening hours, no delivery service and several weeks of annual closure for family reasons. Significant opportunities exist to increase turnover by extending opening hours, introducing lunchtime trading, takeaway and delivery services, and increasing marketing activity.

Competition / Market:

The business has built an excellent reputation over many years, benefiting from a loyal customer base, strong online reviews and repeat local trade.

Reasons for selling:

The owners are relocating overseas for family reasons, creating an excellent opportunity for a new owner to take over a well-established, fully established business.

Trading hours:

Tuesday - Saturday: 5:00pm - 9:30pm
Sunday: 12:00pm - 4:00pm
Monday: Closed

Employees:
6
Years established:
6

Other Information

Support & training:

The current owners are happy to provide a comprehensive handover and training period to ensure a smooth transition. Ongoing support can also be offered by agreement following completion.