Business for sale

Business description

Advent Business Sales are very pleased to offer to the market this 60 cover contemporary Italian restaurant.

Although only set up one year ago, its success is enviable. The vendor has reluctantly decided to sell due to other pressing new challenges in her life.

The menu is an excellent balance of both pasta, pizza, meat and fish dishes, complimented by a good selection of wines.

Bottled Italian beer as well as spirits and liquors are also available from the well stocked bar.
The business is run by the vendor plus 3 full and 1 part time staff.

All the cooking and food preparation equipment is ‘top draw’ and the kitchen design and layout are well thought out to promote maximum efficient.

The décor promotes a relaxing ad light hearted ambience, typical of the Mediterranean area that it originates from.

Although it is currently trading as an Italian restaurant, it could easily be changed to either a Chinese or Indian. Alternatively, there is also a demand for either a Tapas or wine bar.

TRADING HOURS
Mon – Sun: 11.40am – 10.30pm

BUSINESS PREMISES

Ground Floor
 Doorway to left of building leading into a beautifully laid out bar and waiting area
 Behind and to the right is the dining area for 60 covers
 Ladies and gents w/c’s to far right of building
 At the rear is a long servery with fridges below
 A stainless steel kitchen is behind, comprising of: 16 pizza double oven, 2 6 ring gas cookers, flame griddle, double fryer and grill, all under extraction. 8 pot bain marie, microwave, hand wash and stainless steel food prep area and self units
 To the left of the main kitchen is a double coffee maker as well as a coffee grinder
 Behind are two doorways, the first leading to a double bowl wash up area and the second to an area with vertical fridges and freezers, a commercial dough maker and a pizza prep area
 Staff w/c

External
 From the front door is a wrought iron railed landing with steps leading down to pavement level to the right of the building. Often seating and tables are placed on the pavement during good weather, the building is paved to the roadway.
TENURE: Leasehold
Original lease: 15 years
Remaining lease: 14 years
Review every: 3 years
Rent: £25,000 per annum

We are advised that the annual business rates are currently: £5,000

Our client reports that she spent £100,000 on equipping and decorating the restaurant, only 12 months ago.