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Freehold Well Fitted Licensed Italian Restaurant Plus Well Fitted Licensed Hotel for Sale

Undisclosed, West Midlands
Freehold Price:
£1,800,000
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Status
FOR SALE
Advert ID
207767
Reference
R8105 / Rightbiz

Details

WE ARE ADVISED the turnover in respect of the restaurant is in the region of £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. At present Italian cuisine which could obviously be contained & in our opinion there is potential for other types of cuisine, if desired. In addition to the restaurant turnover we are advised by the present owner the turnover in respect of the hotel is in the region of £300,000 p.a. for bed & breakfast. Evening meals available at extra cost.Hotel chargesBed & Breakfast double or twin £65 per nightSingle £45 per nightPrice : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £1.8 million, subject to contract.SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Listing Details
Freehold Price: £1,800,000
Tenure: Freehold
Sector: Italian Restaurants, Fast Food Businesses
Financials
Annual Turnover: £872,040
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