This ideally located Italian restaurant is in a highly populated residential area, on a thriving parade of shops in Saltdean, which attracts people to the area with accessible street parking. The business was established 8 years ago and now only comes to market due to the vendor’s wish to focus on other business opportunities. During this time, the vendor has developed an excellent reputation for serving freshly prepared Italian food and has received excellent reviews on Google Reviews (4.8*), Trip Advisor (5*), Just Eat (4.8*), and Open Table (4.6*). The restaurant also has a thriving takeout side of the business, as well as those customers that choose to dine in the restaurant.
- Asking Price:
- £69,950
- Turnover:
- £270,400
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises will be held a new 12-year full repairing and insuring lease at a commencing rental of £15,000 per annum, with four yearly upward only rent reviews.
- Leasehold Rent:
-
£15,000 per annum
- Location:
-
This ideally located Italian restaurant is in a highly populated residential area, on a thriving parade of shops in Saltdean, which attracts people to the area with accessible street parking.
- Premises Details:
-
This business operates from a double-fronted premise on a busy parade of shops in a coastal village of Saltdean, which is just outside of Brighton. There is street parking readily available for customers. The restaurant has space for 24 covers internally, with an additional 30 covers on the decking area to the front of the building. On entering the restaurant, there is a serve over counter which is used to display deli items, fresh salads and cakes. Behind this area is a small food preparation area and coffee machine and grinder. The kitchen is just adjacent to this area and is fully fitted with commercial extraction, 3 deck pizza oven and frigerated pizza prep counter. To the rear of the restaurant is the toilets. The restaurant is also fitted with CCTV. The building is fitted with solar panels and as such the landlord has agreed to pass on a 50% reduction on the electricity bill.
- Planning Consent:
-
E
- Energy Performance Rating:
- D
Business Operation
- Reasons for selling:
-
other interests
- Trading hours:
-
Monday 5pm-10pm and 10am-10pm on Tuesday-Saturday.
- Employees:
- 6
- Years established:
- 8
