Italian Restaurants for sale in Hertfordshire

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John Peacock (Feb 2017)
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Leasehold Price: £125,000 Price Reduced Weekly Turnover: £6,000
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Business Description
Recently opened as Italian cuisine. The Restaurant has recently been refurbished & refitted at considerable expense. In our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

Ground floor entrance with staircase to SPACIOUS BASEMENT RESTAURANT. New quality tiled floor. Tables & chairs providing seating for 75 persons. BAR, 2 3-door glass fronted counter fridges, ice machine, glasswasher, 1 hand pump, sink, glasswasher.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Additional staircase to GROUND FLOOR KITCHEN with tiled floor, tiled walls all recently newly fitted. 10-burner gas cooker with oven, Rational fan assisted electric oven, woodburning pizza oven, double gas deep fryer, 1 3-door stainless steel counter fridge, 1 2-door stainless steel counter fridge, walk-in coldroom, dishwasher etc.

Situated in a parade, excellent trading position, sought after HERTFORDSHIRE TOWN

Turnover : AS STATED the restaurant has recently been opened as an Italian restaurant & we are informed that the turnover is currently in the region of £6,000/£6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Lease : £125,000 (R8394)

www.NationwideBusinesses.co.uk

Trading Hours:
5 p.m. - 11 p.m. seven evenings per week
In our opinion there is terrific potential to introduce lunches plus takeaway & deliveries, if desired

Number of Employees:
At present operated by the vendor. Staff employed kitchen area 2 chefs, 1 kitchen porter. Restaurant area 2 waitresses, 1 waiter

Tenure: Leasehold

Location Details:
Situated in a parade, excellent trading position, sought after HERTFORDSHIRE TOWN

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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R8394
Seller Reference:
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