FOR SALE
13/01/23
506335
ID2954 / Rightbiz
Sovereign are delighted to bring to market this authentic family owned Italian restaurant located in the picturesque village of Baslow, Derbyshire. With a well-deserved reputation for serving the best authentic Italian cuisine in the Peak District for over 40 years
Offering a diverse and extensive selection of traditional Italian dishes, from delicious pastas, pizza, calzone, bruschettas, and high quality seafood and meat dishes. There is also a selection of Fine Wines to accompany the dining experience many from the owner’s home region of Puglia, Southern Italy. Famous for its sun kissed coastline and Olive Oil Production.
The business has an established and loyal customer base who visit time and time again to enjoy the excellent food, warm hospitality and a relaxed, homely atmosphere. The business also offers a takeaway service and there is an online deli so you can create and enjoy the unique Italian dining experience from the comfort of your own home.
The restaurant is located on a prime high visibility main road position with circa 65 covers inside and 45 alfresco with an impressive turnover of circa £8,000 per week. Trading Tuesday to Saturday 17.00 to 20.45 with a 5* food hygiene rating this successful business also has vast scope to develop by extending the opening hours and introducing deliveroo that has recently started operating in the area
The business is leasehold and family operated with the help of 2 x Full Time Waiters, 2 x Full Time Chefs, 1x Part Time Pot Washer and weekend waiting on staff as needed. Our client advises us there is a new lease available with an initial passing rent of £36,000 per annum, with 3 yearly rent reviews and a flexible lease term of 10 years.
On the market for a competitive £175,000 plus SAV. Therefore viewing is highly recommended to appreciate the quality of this going concern
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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