Italian Restaurant & Takeaway in Motherwell Town Centre for Sale
Motherwell, North Lanarkshire
- Status
FOR SALE
- Date Submitted:
15/03/23
- Advert ID
510025
- Reference
2324 / Rightbiz
- Call Agent:
- Leasehold: £70,000
- Turnover: On request
- Net Profit: On request
Key Features
- Town Centre location
- Established Business
- Close to Local Amenities
- Ideal for Full Refurbishment
- Prime Location
- Accounts Available
- Unique Business
- Attractive Business
- Adjacent to Multiple Retailers
- Potential for Alternative Use
- Fully Fitted
Business Details
Restaurant and Takeaway for sale in Motherwell
Summary:
- Rental Property
- Huge Potential
- Prime Location
- Heavy Footfall Area
- Unique Opportunity
- Excellent Client Base
- Residential Area
- Established Business
Business Description:
Silk Letting Limited would like to welcome to the market a vibrant Italian restaurant and takeaway in Motherwell. The current owner has been trading for 7 months and is having to sell due to relocating. This highly rated business has gained many 5 * reviews across multiple platforms.
Serving mouth-watering dishes including
Pizzas
Kebabs
Burgers
Kids Meals
Desserts
Drinks
The business is located within the town centre on a busy road surrounded by other businesses and close to a residential area benefitting from a high footfall of passing trade as well as walk-ins and returning regular customers as well as a fully functional website that allows customers to order and pay online along with pre-established delivery agreements with Just Eat and Uber Eats
The business is located over 1 floor and includes a seating area that can accommodate 10 covers with an additional 4 covers outside. All fixtures, fittings and stock are included meaning any new owner could start trading immediately.
Location and Amenities:
Located on a busy main road in the town centre of Motherwell surrounded by local amenities and other businesses, and close to a residential area the business benefits from a high footfall of passing trade and walk-ins. A bus stop is located outside the property and a car park is close by making it easily assessable for the owner, staff and customers. The business benefits from no immediate competition.
Growth Potential:
This is a perfect opportunity for any new buyer looking to buy a well-established business with the potential for further growth.
This already successful business could increase revenue by extending opening hours from 6 days to 7 days and opening earlier to include a breakfast and lunch menu. Offers and discounts throughout the week at quieter times to increase business and net profit. Create social media accounts with Facebook and Instagram to reach a larger target market.
Financial Profile:
Tenure: Lease – Rents property only – 3 years remaining on the lease. The landlord is happy to make a new lease.
The business benefits from a small business rates relief and is exempt from paying any business rates.
Turnover is available upon request.
Property:
The business is located over 1 floor and consists of a seating area that can accommodate 10 covers, a counter area, a kitchen and a storage room. All equipment is electric with no gas supply. The property also benefits from an outdoor seating area that can accommodate an additional 4 covers.
The tenure of business is a lease with 3 years remaining on the current lease, the landlord is happy to make a new lease for any new owner.
Security Features:
The property is fully secured with an alarm system throughout and the front of the property is fitted with a roller shutter.
Fixtures and Fittings:
All fixtures, fittings and stock are included in the sale making it fully equipped and ready for a new owner to take over and continue trading. All kitchen equipment and assets are included.
A full list of assets is available upon request.
We anticipate great interest in this amazing listing and such an exciting business opportunity is not to be missed. We do not anticipate this business to be on the market for long.
Would you love to be running an already successful business and call it your own? This is an enormous and distinctive business opportunity to become your own boss and carry out your passion daily.
Staff:
The business currently operates with 2 staff members and 2 part-time delivery drivers, who are all happy to continue employment under new ownership.
This is an exciting turn-key opportunity for any new owner looking to purchase an already existing business with the potential for further growth.
The business is currently open:
Monday – Closed
Tuesday – Sunday – 4 pm – 12 am
Reason for Sale:
The current owner is selling the business due to relocating. This creates the perfect opportunity for any new owner to take over a well-established business.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.
VIEWING STRICTLY BY APPOINTMENT!
If you are interested please contact us to discuss any sales enquiries or arrange a viewing on 0161 507 9791.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.'.
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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.
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Contact seller
Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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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