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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Traditional & Home Style Italian Restaurant

Bournemouth, Dorset
Leasehold Price:
£34,999
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
229139
Reference
B04667 / Rightbiz

Details

Business
Hilton Smythe are proud to present to the market La Stalla.

The well-known business was established over 35 years ago and taken over by our clients in 2011 but have now reluctantly decided to sell due to personal circumstances.

Our client also believes the right owner could take this business to the next level and help it reach its full potential.

La Stalla is a neighborhood trattoria bringing the charm of Italy to Bournemouth with its traditional decor and home-style Italian cuisine.

The perfect place for a family meal or an intimate date with its warm and cozy ambience, La Stalla is a favourite among local lovers of Italian cuisine.

According to the 2017 accounts, La Stalla is currently turning over a figure in the region of £82,503, Although we think this is a brilliant turnover we also believe there is scope to improve the businesses turnover and help it reach its full potential. We believe this can be achieved by offering outside catering service to local residents.

We feel an early viewing on this thriving business would be high beneficial and would avoid disappointment.

Location
The business is located in a highly populated residential area within the popular holiday resort of Bournemouth, Dorset.

La Stalla, situated in busy Bournemouth, highly visible, fronting major commuter routes to the town centre. Forming part of busy shopping area that includes Tesco Express, Aldi, Post Office, Coral and Kwik Fit.

The business benefits from free car parking and is surrounded by densely populated residential areas.

The business is located on a busy bus route. The area is easily accessible from the A3049 and A338.

Premises
Modern purpose-built premises

•Character dining area providing approx 45 covers
•Bar
•Cloakrooms
•Well-equipped commercial kitchen to include preparation and wash-up areas
•Owner’s private car parking

Equipment

• Wine chillers
• Drinks chillers
• Coffee machine
• Glass washer
• Till
• Card terminal
• Fridges
• Large commercial fridge
• Pot wash sink
• Commercial oven
• Gas hob
• Grill
• Fryers
• Stainless steel preparation tables
• Double stainless-steel sink
• Ample storage and crockery

Tenure
We are advised the business is being sold as a Leasehold.

Original Lease length: 5 years
Remaining lease length: 18 months as of 2018
Rent: £9500 per annum

The business further benefits from being business rate exempt.

Hours
Monday - Closed
Tuesday - 6.00 pm – 10.00 pm
Wednesday - 6.00 pm – 10.00 pm
Thursday - 6.00 pm – 10.00 pm
Friday - 12.00 pm – 2.00 pm, 6.00 pm – 10:30 pm
Saturday - 12.00 pm – 2.00 pm, 6.00 pm – 10:30 pm
Sunday - 5.00 pm – 9.00 pm

Staff
The business is currently run and managed by our client with the help of two full and part time members of staff.

Financial Profile
La Stalla generated an advised turnover of circa £103,000 as of the 2017 accounts.



£34,999
Seller Details
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Listing Details
Leasehold Price: £34,999
Tenure: Leasehold
Sector: Restaurants, Bars, Food And Drink
Financials
Annual Turnover: £103,000
Location Statistics
What's nearbyi:
Chamberlain James (approx. 0 mile)
Eden (approx. 0 mile)
Chiswell and Co (approx. 0 mile)
LEVEL8IGHT The Sky Bar (approx. 0 mile)
Park Central Hotel (approx. 0.2 mile)
The Hedley Townhouse (approx. 0.2 mile)
Best Western Plus The Connaught Hotel (approx. 0.2 mile)
Premier Inn Bournemouth Central (approx. 0.3 mile)
Britannia Hotel Bournemouth (approx. 0.6 mile)
The Cumberland by Oceana™ Bournemouth Hotel (approx. 0.9 mile)
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