Restaurants for sale in Nottingham

View the "EXCEPTIONAL COMMERCIAL PROPERTY – NOTTINGHAMSHIRE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Freehold Price: £1,100,000
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Business Description
EXCEPTIONAL COMMERCIAL PROPERTY – NOTTINGHAMSHIRE
Sale includes 4 flats above business
Situated in the suburb of Beeston
Genuine reason for sale
Recently refurbished
Walk in condition
Well presented
Low overheads
FREEHOLD

Business History
Meridian Business Sales are delighted to offer to the market this sought after commercial property, trading as an Italian restaurant, established in 2003. The only reason this exceptional commercial property is being offered to the market is due to our clients desire to concentrate on other business interests. Since our client took ownership of the business they have invested time and money in the premises, recently refurbishing the property/restaurant, to the point where it is in full walk in condition. Our client has continually developed and improved the business, introducing new lines and income streams which have enhanced the business massively. This owner operated business is currently run a pace that suits our client’s lifestyle, meaning there is huge scope for a new, hands-on owner operator to develop the business further. There is scope to develop the business by increasing trading hours, expanding the premises above the rear extension (STPP) which is currently single storey. This additional area could be used for flats or a private function room as there is separate access which may increase income. Our client has built a good reputation within the community during the past 13 years and as such has a high level of regular and repeat trade. Due to the superb location of the business it enjoys a large daily passing trade and customers are further attracted by the prominent highly visible premises.
Our client is happy to provide training during the transition period. The business benefits from a professional website. This is superb opportunity to purchase a premium business in an affluent area and as such early viewing is strongly advised to appreciate the décor of the restaurant. Businesses of this calibre rarely stay on the market for long.
Tenure: Freehold

Location Details:
This truly superb freehold restaurant has an ideal trading location in the suburb of Beeston just 3.4 miles (5.5 km) southwest of Nottingham city centre. The highly visible business benefits from being situated on a main access road which is also densely populated with residential housing. The premises also have a good selection of neighbouring commercial retailers and convenience style stores near by which attracts visitors and locals to the area throughout the year. The business also benefits from having communal roadside parking facilities which makes it an ideal easy convenience for all who wish to visit. Nottingham is a hugely desirable business and residential location due to its excellent shopping, fine houses, good schools, NHS services, well maintained parks and many attractions including Old Market Square which is a 22,000 sq/metre open space and the largest of its kind in England. The property also benefits from being situated less than 3 miles away from the M1 motorway making visiting and commuting very easy. This is a truly ideal trading location for an Italian restaurant which sees exceptional levels of repeat trade throughout the year from both the local community and visitors to the area.

Listed by: Meridian Business Sales Limited

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4477a
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