Sovereign are delighted to bring to market this authentic family owned Italian restaurant located in the picturesque village of Baslow, Derbyshire. With a well-deserved reputation for serving the best authentic Italian cuisine in the Peak District for over 40 years.
Offering a diverse and extensive selection of traditional Italian dishes, from delicious pastas, pizza, calzone, bruschettas, and high quality seafood and meat dishes. There is also a selection of Fine Wines to accompany the dining experience many from the owner’s home region of Puglia, Southern Italy. Famous for its sun kissed coastline and Olive Oil Production.
The business has an established and loyal customer base who visit time and time again to enjoy the excellent food, warm hospitality and a relaxed, homely atmosphere. The business also offers a takeaway service and there is an online deli so you can create and enjoy the unique Italian dining experience from the comfort of your own home.
The restaurant is located on a prime high visibility main road position with circa 65 covers inside and 45 alfresco with an impressive turnover of circa £8,000 per week. Trading Tuesday to Saturday 17.00 to 20.45 with a 5* food hygiene rating this successful business also has vast scope to develop by extending the opening hours and introducing deliveroo that has recently started operating in the area.
The business is leasehold and family operated with the help of 2 x Full Time Waiters, 2 x Full Time Chefs, 1x Part Time Pot Washer and weekend waiting on staff as needed. Our client advises us there is a new lease available with an initial passing rent of £36,000 per annum, with 3 yearly rent reviews and a flexible lease term of 10+ years.
On the market for a competitive £175,000+SAV. Therefore viewing is highly recommended to appreciate the quality of this going concern.
Turnover Circa £8,000 Per Week
Established Business In Picturesque Village
Trading Successfully For Over 40 Years
Established & Loyal Customer Base
Vast Scope To Develop Business
Genuine Reason For Sale
