Restaurants for sale in London

View the "Exceptional Italian Restaurant Located on a Bustling London High Street" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Exceptional Italian Restaurant Located on a Bustling London High Street

London, England

  • Leasehold Price: £850,000
Seller Reference: SS11277
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: SS11277
Request Details
Business Description
Having been established in October 19 by successful restauranteurs, this quality restaurant provides a great opportunity for new owners to benefit from the excellent fit out, highly desirable location and proven business model.

This Italian restaurant has little or no local direct competition and benefits from a market leading reputation within the local community and further afield. The business enjoyed consistent growth and achieved £20k per week (pre Covid) with potential for further significant growth.

The sale includes all quality fixtures and fittings, long lease and lucrative accommodation rental from apartment located above the restaurant. The commercial kitchen has been fitted out with brand new contemporary equipment and leading-edge technology. The apartment also benefits from high end fit out including a luxury kitchen and 3 double rooms and generates circa £32,400 revenue pa.

The business has successfully adapted during Covid and has significantly grown its delivery offering during the past few months. The restaurant is observing current social distancing rules and still benefits from being able to offer 160 covers.

Located in a densely populated area with extensive local housing developments under way, which will significantly increase the local trade and growth potential (2,000 new apartments within a 5-minute walk).

Although currently regarded locally as the leading purveyor of quality Italian dining, this restaurant could also potentially change its offering to a number of alternative dining experiences.
Tenure:
Leasehold
Listed by:
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