Restaurants for sale in Exeter

View the "Popular Family Run Restaurant in a Prominent Trading Position." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £44,950 Price Reduced Annual Turnover: £152,830 Annual Net Profit: £85,923
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Business Description
Popular licensed Italian restaurant in a prominent trading position. High quality purpose equipped lockup unit. Extremely profitable and well regarded business.

The business occupies a prominent position on one of the busy main arterial routes into Exeter city centre being located within the popular Heavitree residential area which is characterised by a number of well established independent and national retailers. Exeter is the regional capital of the South West and as such, is not only an established and expanding business centre, but also a popular tourist destination year round. Renowned for its historic cathedral, university and waterside developments, Exeter boasts excellent transport communications with 2 mainline rail links to London, an international airport and easy access to the M5 motorway at Junction 30.

This detached single storey property with a double glass window frontage and a glazed central entrance door are purposely fitted and equipped and presented to a high standard throughout, and briefly comprise:- Customer Dining Area with seating for 44 plus customers, Bar Area, Open Plan Kitchen, Separate Prep Room and Washup Area and Customer WCs.
Trading Hours:

Tuesday to Saturday from 10:00am until 2:00pm and Monday to Saturday 6:00pm until 10:00pm. Closed on Sundays and Monday lunchtimes

Number of Employees: Run by clients with 2 part-time staff

Tenure: Leasehold

Location Details:

Located in prominent trading position on main road leading into Exeter city centre

Leasehold Term:

The business is held on a 15 year full repairing and insuring private lease from February 2011. The current rent is £19,200 pa and we understand that the lease is fully renewable at the end of the current term. Full details upon request.

Listed by: Stonesmith
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