Established Italian Restaurant For Sale Islington | | Islington London | | Established Italian restaurant for sale. Fully licensed, 75 seats plus 24 seats outside, finished to very high standard. Newly fitted kitchen with walk in refrigeration. Prominent Islington location Ideally situated and close to all transport amenities, the restaurants air-conditioned and new central heating system. The business has built a huge reputation (mainly by word of mouth) for offering the best food and value for money with a friendly service and makes every effort to produce consistently high quality food serving only quality fresh ingredients. The owner believes there is an opportunity of advertising and marketing the restaurant locally and providing offers to regular customers. The business consistently achieves turnover circa £6, 500 per week and has the potential to achieve even more turnover. Lease to let or rent Established Italian Restaurant For Sale Islington is located in London. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57542
ADVERT IMPRESSIONS : 7,012 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Italian Restaurants | | SALE: | Private Sale | ASKING PRICE: | Offers Invited | LEASEHOLD: | Offers Invited | ANNUAL RENT: | £35000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Lease terms:
The rent per year is £35. 000 (review 5 yearly next review in 2 years, increase will be low); the business rates are £8, 200 year.
The premises is leasehold, the lease is renewable and runs out in 2028. Lease held with rental deposit no personal guarantee. The restaurant has enough room for 75 covers, it has a bar a fully fitted kitchen, washing up area, toilets, and storage.
Currently the restaurant does not undertake any advertising. The main business is generated from customer referrals, its busy location and word of mouth recommendations, bearing strong testimony to the restaurants excellent reputation. However the new owners would benefit from introducing and advertising and marketing strategy to reap greater rewards from the business. The restaurant has an informative professional website, which is well designed and user-friendly and showcases the restaurant to potential visitors.
Reasons for selling:
The owner is moving abroad.
Trading hours:
The restaurant is open from Tueday to Sunday 6. 00pm to 10. 30pm. The restaurant is closed on a Monday.
Employees:
As well as the owners there are 3 full time employees at the restaurant. The Head chef is the star of the restaurant and resent return of a very expierienced restaurant manager will ensure the continued success of the restaurnt, both will want to stay if required.
Other information
Support & training:
The owners will fully assist with hand over and training. | | | | | | FOR SALE | | | | | REFERENCE: | 57542 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
