Italian Restaurants for sale in Bideford

View the "Hugely Popular Coffee shop and Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Leasehold Price: £89,500 Annual Turnover: £145,000 Annual Net Profit: £75,000
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Business Description
New to the market a very successful and popular 50 cover licensed restaurant and coffee shop. The business has been trading for 4 years and has built up an excellent reputation with 5 star reviews on Tripadvisor, Google and Facebook. It benefits from a large repeat trade as well as a good passing trade due to its central location just off the quayside and opposite Wetherspoons. The attractive sale price includes all restaurant furniture, fixtures and detailed inventory. The current opening hours are only Tuesday to Saturday and evenings only and as such offers prospective new purchasers the opportunity to build upon the excellent foundation and extend opening hours to daytimes.
The property is arranged over 3 floors. The downstairs comprises of front dining section and counter with feature wall and bay window seating. There is an open kitchen and closed kitchen space. At the back section the space is divided by feature oak frame Windows. There are two customer toilets. The rental price includes the owners accommodation above over two floors. Large front room, kitchen bathroom and two double bedrooms. There is also a sun trap roof space which can be utilised as the owners roof terrace.
The current owners are wishing to retire so have decided to place the business on the market. This is a confidential sale and contact must not be made in person.
Includes all restaurant fixtures and fittings and good quality commercial kitchen equipment.
Turnover £145,000 to £165,000
Leasehold price £89,500
Rental per annum £18,500 rising to £20,000 after first year
Brand new lease with security of tenure at end of term.
Trading Hours:
Tuesday to Saturday 5pm till 10pm
4/5 weeks holiday closure per year

Number of Employees: 1-5

Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details:
Large bright 2 bedroomed accomodation over 2 floors with outside roof terrace and top floor views down to the river

Support & Training: Training can be provided

Location Details:
Fantastic town centre location on busy street
Bideford is an attractive Port town within high tourist area and close to at least 5 beaches.

Find out more about this business opportunity.

 
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PAX01296956622
Seller Reference:
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