Italian Restaurants for sale in Yarmouth

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An extremely popular and well known restaurant business for sale.

Yarmouth, Isle of Wight, England

  • Leasehold Price: £120,000
Seller Reference: COM1010
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Business Description
 
 
 
 
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Seller Reference: COM1010
Request Details
Business Description
Yarmouth is an affluent town to the West Wight and boasts many boutique and niche stores together with a harbour, the pier and Wightlink car ferry to Lymington. Yarmouth has a population circa 865 (2011 census) but is one of the most popular destinations on the Island for tourists and locals alike.
Offered for sale is a relatively new business, trading since November 2017, but with good books and great potential for the future. The restaurant currently trades 12pm - 3pm and 5pm - 10pm and is open 7 days a week.

The restaurant has accommodation over the ground, first and mezzanine in a large character building and offers 70 covers overall, 30 to the mezzanine and 40 to the first floor. Accomodation is laid out as follows:
Ground Floor
Entrance Hall
WC's
Storeroom with fridges and freezers

First Floor
Approximately 84.42 sq m (910 sq ft) overall with open feature beamed ceiling, large feature windows to the front and fireplace. The first floor also has the bar area, kitchen and further storage. The kitchen is a well equipped commercial kitchen.

Mezzanine
The mezzanine offers a further 14.62 sqm (160 sq ft).

Business
Having undergone extensive refurbishment and fit out by our clients Cucina is offered only due to our clients future business plans.

Accounts can be made available to bona fide applicants only once a viewing has been undertaken and a non disclosure agreement signed.
Tenure:
Leasehold
Location Details:
Situated in Yarmouth, this property is located on the High Street, a very short stroll away from The Square and the harbour.
Leasehold Term:
The premises are held on a 21 year lease expiring in 21/04/2026 at a current passing rent of £10,080pax.
Listed by:
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