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Mediterranean Restaurant and Pizzeria in attractive Cotswolds Location

Gloucestershire, England

  • Leasehold Price: £217,000
  • Annual Turnover: £363,514
Seller Reference: TR34214H
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Business Description
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Seller Reference: TR34214H
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Business Description
An award winning, superbly-presented Mediterranean Restaurant and Pizzeria set in the heart of the vibrant Cotswold town of Nailsworth. This highly-profitable business produced an enviable annual turnover to 31 July 2019 of £363,514, based on 52 covers over 2 floors (pre-covid) with a further 32 external covers in the courtyard and terrace. TRADING UPDATE: we are informed sales for June to August 2021 were in excess of £150,000. It has operated in this very prominent location for 17 years, serving a high quality menu. The premises are exceptionally well-equipped and have benfitted from extensive investment during 2021. The character premises benefit from an attractive annual rental. Highly recommended. L/hold £217,000. Ref TR34214H

June 2021 update: The Olive Tree has traded extremely successfully throughout the covid period: see separate document for full details!

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