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Italian Restaurant & Bar, amidst conservation area, Waterside Town on the finges of the New Forest

Undisclosed, Undisclosed
Leasehold Price:
£180,000
Status
FOR SALE
Advert ID
243907
Reference
C3789 / Rightbiz

ITALIAN RESTAURANT & BAR (FULL ON-LIC), AMIDST CONSERVATION AREA, CENTRE OF WATERSIDE TOWN, ON THE FRINGES OF THE NEW FOREST, HAMPSHIRE. Character prop with Grade II listed frontage has inviting ‘olde worlde’ atmosphere. Grnd & 1st floor seating for 56 & pavement seating for 12. Comprehensively equipped catering kitchen. Offering a traditional Italian menu. T/O £12,000 pw from opening 6 days. Accounts record T/O £438,252 (ex VAT) for y/e 28 Feb. ‘19 (46½ week period). GP £226,657 (51.72%). 15 yr lease from March 2008 at £16,000 p.a.x. – £180,000 S.A.V. (Ref. C.3789).  PLEASE VISIT OUR WEBSITE:  www.andrewgreenwood.com

Seller Details
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Listing Details
Leasehold Price: £180,000
Tenure: Leasehold
Location: Undisclosed, Undisclosed
Sector: Italian Restaurants, Bistros, Pizza Delivery Businesses
Financials
Annual Turnover: £490,000
Key Features
  • Fully Fitted
  • Unique Business
  • Prime Location
  • High Turnover
  • Accounts Available
  • Close to Local Amenities
  • Free of Tie Leasehold
  • Town Centre location
  • Adjacent to Multiple Retailers
  • Attractive Business
  • Split Level Trading Area
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