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Italian Restaurant For Sale In Hampstead

Hampstead, London, UK
Asking Price:
£90,000
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

This well-established family-owned Italian restaurant has been operating successfully for over 21 years. Located in a vibrant neighborhood, the restaurant is surrounded by popular establishments such as M&S, Costa Coffee, Nero, and Tesco, creating a high foot traffic area that attracts a diverse customer base. Furthermore, strong relationships with local businesses, including the Hampstead Theatre, Marriott Hotel, and Odeon Cinema, enhance its appeal.
The restaurant boasts a cozy and rustic interior, featuring wooden furniture and warm lighting that invites guests to relax and enjoy their dining experience. A prominent display of fresh ingredients underscores the commitment to quality and freshness, while the menu includes a variety of dishes that cater to different tastes, including specialties like steaks and seafood.
With ample seating options, the venue is well-maintained and designed for casual dining. The leasehold opportunity is available at an asking price on request, and an annual rent of £24,500. The sale includes all fixtures and fittings.
The current owner is selling the business due to plans to move abroad. There are currently two employees, and the owner is willing to provide training opportunities to the new owners to ensure a smooth transition.
For further information, including accounts, please contact 07799140057 or 07785328026

Property Information

Property:

Leasehold