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Stylish Italian bar caffe pasticceria in Holborn for sale

Price:
Leasehold - £185,000
Turnover:
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Seller Ref:
LC1132
Location:

London, London

Business Type:

Food Service Businesses

See Other:
Sandwich shops for sale in London
Restaurants for sale in London
Coffee shops for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
The Business Partnership is delighted to market for sale this stylish, family-run Italian restaurant in Holborn.

Prominently situated on a busy main road, the restaurant boasts an exceptional interior, beautifully designed and fitted to the highest standard.

When the current owners took over, they knocked through between two shops, creating a double-fronted, spacious restaurant, coffee shop and pasticceria. It caters for all meal times:
* authentic Italian coffee with hand made pastry in the morning
* pizza, panninis, sandwiches and rolls at lunch
* superb, fresh, Italian cuisine in the evening

From a business perspective, it provides two great opportunities:
1. opening at the weekends (currently closed Sat & Sun)
2. developing a local catering service from the underused, well-equipped kitchen
Location Details:
Prominently situated in an attractive parade of shops, on a major commuter road and pedestrian route to the nearby underground station and close to the confluence of several bus routes.
Lease Terms:
It has already been agreed that new 10 year renewable leases for both units, with 5 year reviews, will be synchronised to begin from August 2013. Current rental for both units is £40k.
Trading Hours:
7am - 11pm, Mon - Fri
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