Hilton Smythe is delighted to welcome to the market this well-established and popular Italian café/restaurant business in a prime location in Stirling, Scotland. The business was established in 2000 and is only now being offered to the market due to our client’s desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £187,200 per annum, with a gross profit of approximately 60%.
The property has been very well maintained and renovated to a high standard offering a café section to the ground floor with approximately 30 covers, as well as a formal dining section to the first floor with 70 covers. Our client offers a wide range of authentic Italian cuisine from Atina such as pizza, pasta etc. as well as a good selection of hot and cold beverages.
The business has built up an enviable reputation within the area and further afield for the high quality and freshness of the fayre available, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth recommendations. The business has excellent reviews on the popular website Trip Advisor.
We feel the turnover could be increased by extending the opening hours. The business would also benefit from the launch of a website to promote the business and the excellent services offered. A new owner could also introduce themed evenings with live music or buffet nights. There is also the possibility of offering an outside catering arm to the business, which would increase the turnover further.
This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
La Ciociara café and restaurant occupies substantial two-storey premises, ideally located in a prime corner position in the heart of the Stirling town centre, Scotland. The business is positioned in a busy shopping area of the city and is surrounded by a wealth of complimentary shops and businesses: therefore benefitting from a very high volume of footfall and passing trade. The business further benefits from parking facilities within the area.
Stirling is a city in central Scotland and is clustered around a large fortress and medieval old town. In 2012, the city had a residential population of 45,750 and is reputed to be the third fastest growing area of Scotland in terms of population. Stirling boasts all the amenities needed for everyday living, making it a very popular place in which to live and work.
The area of the business is very well served by the public transport system, with many bus stops being within easy walking distance of the property. Stirling railway station is less than 5 minutes walk away. The area is also well-served by the A-roads, with the A811 being within easy driving distance, which links to the national A-road and motorway networks. Glasgow is approximately 25 miles away and Edinburgh is 36½ miles away.
Prominent corner two-storey premises, briefly comprising:
Lower ground floor:
Storage room with office area.
Split level bar & café area with:
Approximately 30 covers.
Fully equipped bar.
Ice cream counter.
First floor with:
Formal dining area with 70 covers.
Fully equipped bar.
Ladies and gents WCs.
Double deck Moretti Capri pizza oven.
Small upright Sanyo freezer.
Meiko ecostar dishwasher.
Double bowl sink unit.
Two door Caravel stainless steel refrigerator.
Two door pizza preparation refrigerator with drawers.
Gastronom server refrigerator.
Various stainless steel shelving units.
Excel gas fryer.
Silko gas griddle.
Six ring Norwoodulcan gas cooker and oven.
Bar equipment includes:
La San Marco coffee machine.
Ifi ice cream display freezer.
Ifi delicatessen refrigerated display unit.
Fully fitted bar.
Large single door stainless steel ice cream freezer.
Large chest freezer.
2 x stainless steel refrigerators.
Small upright freezer.
External seating area.
We are advised Leasehold:
Original lease length: 20 years
Remaining lease length: 5 years
Rent: £27,900 per annum
The business is open:
Monday – Thursday: 10.30am – 10.00pm
Friday – Saturday: 10.30am – 11.00pm
Sunday: 12.00pm – 10.00pm
The business is owner run and managed with 5 x full time and 4 x part time staff members.
The business generates a turnover in the region of £187,200 per annum, with a gross profit of approximately 60%.
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