T/O £116,237 GP 56%
Good Reputation, Great Levels of Repeat Custom
Huge Scope to Increase Takings
Low operating costs
EPC Rating - Not Required
Blacks Brokers is pleased to offer for sale this well established authentic Italian restaurant. The present owner has been trading for the last nine years, with a wealth of passing trade and with a local loyal clientele the restaurant has built up an excellent reputation for quality and service. The business is on 2 floors, with 24 covers in the main area which is fully air conditioned, and with a further 34 covers upstairs in the first floor restaurant, also suitable for private functions. There is plenty of scope to increase turnover by opening on Mondays and Sundays. This excellent opportunity has arisen due to the owner wishing to retire, and so early viewing comes highly recommended.
Situated in the delightful Surrey town of Weybridge, this well known landmark is located in a busy main street area, in close proximity to corporate offices and an assortment of up market boutique shops, and surrounded by several small well know tourist areas and villages, Just a short drive from the A3 and M25.
FINANCIAL PROFILE - T/O: £116,237
G/P: 56 %
OPENING HOURS - Tues to Sat 12.00pm - 2.00pm & 6.30pm - 10.00pm
PROPERTY DETAILS - Lock up Premises
TENURE - Leasehold.
ORIGINAL LENGTH: 20 years , 16 yrs from 2015
REVIEW: Every 4 years
RENT: £16,400 per annum
We are advised that the owner has agreed a further new 20 year lease with the next rent review is due in 2015.
GROUND FLOOR - Spacious restaurant area for 24 covers Reception Bar area Kitchen. Walk in fridge Wash up & preparation area Storage room FIRST FLOOR - Large restaurant area for 34 covers. Also suitable for private functions. EXTERNAL - Back yard.
Location Details: Weybridge
Leasehold Term: Rent: £315 Per Week
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