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Classic Italian Restaurant In The Heart Of Nottingham For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£420,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Summary:

- Rental Property
- Huge Potential
- Prime Location
- Heavy Footfall Area
- Unique Opportunity
- All Fixtures and Fittings Included
- Excellent Client Base
- Established Business
- Proof of Funds Required

Business Description:

Silk Letting Ltd are proud to present to the market an authentic Italian restaurant in the heart of Nottingham.

This snug eatery prides itself on delivering the highest quality of service and has gained many 5-star reviews across multiple platforms using only the finest organic ingredients. The business has pre-established delivery agreements with Deliveroo and Uber Eats as well as its own fully functional website that offers a local delivery service.

This highly successful business benefits from a prime location on a busy high street in the town centre resulting in a heavy footfall of passing trade from the local area as well as walk-ins and returning regular customers.

The restaurant comprises 50 covers and includes a seating area outside. It is fitted to a high standard with a 5-star hygiene rating and is renowned for its friendly staff and warm vibe.


Location and Amenities:

Situated on a busy high street in the town centre, it is in a prime location with a high footfall of passing trade and walk-ins, surrounded by local amenities and other businesses.

Close to the A6008 and A60 with good transport links making the premises easily assessable for both the owner and customers.


Growth Potential:

This is a perfect opportunity for any new buyer looking to buy a well-established business with the potential for further growth.
Increase social media following by running incentives/competitions for customers on Facebook and Instagram accounts to boost social media following and encourage more customers to order online or visit the shop.

Offers and discounts throughout the week at quieter times to increase business and net profit.


Financial Profile:

Tenure: Lease – Rents property only – 7 years remaining on the lease.

Turnover is available upon request.


Property:

This superbly presented premises occupies 2 floors and accommodates 50 covers, it is decorated to a high standard throughout. The ground floor consists of a dining area and a fully equipped kitchen. The property also benefits from an outdoor space that accommodates 4 tables.


Security Features:

The property is fully secured with an alarm system throughout and CCTV cameras covering both the inside and outside of the premises.


Fixtures and fittings:

All stock, fixtures and fittings are included in the asking price making it fully equipped and ready for any new owner to take over and continue running.

A full list of assets is available upon request.


Staff Members:

The business currently employs 15 staff members, who are happy to continue employment under new ownership.

This is an exciting turn the key opportunity for any new owner looking to purchase an already existing business with the potential for further growth.

The business is currently open:

Monday – Thursday 8 am - 10 pm
Friday – Saturday 8 am – 11 pm
Sunday – 10 am – 10 pm


Reason for sale:

The owner is selling the business due to other business commitments creating the perfect opportunity for any new owner to take over an already well-established and profitable business.

Would you love to be running an already successful business and call it your own?

This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate this business to be on the market for long.

This is a huge and unique business opportunity to become your own boss and carry out your passion daily.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.


VIEWING STRICTLY BY APPOINTMENT!


If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on .

Property Information

Property:

Leasehold

Contact Silk Letting

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