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Italian restaurant for sale in Kilmarnock leasehold

Kilmarnock, East Ayrshire
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Italian restaurant for sale in Kilmarnock / leasehold Photo 1
Italian restaurant for sale in Kilmarnock / leasehold Photo 2
Italian restaurant for sale in Kilmarnock / leasehold Photo 3
Italian restaurant for sale in Kilmarnock / leasehold Photo 4
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Italian restaurant for sale in Kilmarnock / leaseholdItalian restaurant for sale in Kilmarnock / leaseholdItalian restaurant for sale in Kilmarnock / leaseholdItalian restaurant for sale in Kilmarnock / leasehold
  • Status

    FOR SALE

  • Date Submitted:

    19/01/22

  • Advert ID

    289165

  • Leasehold: £125,000
  • Turnover: Available upon request
  • Net Profit: Available upon request

Business Details

Authentic Italian restaurant for sale

Italio is an authentic Italian restaurant. The restaurant was built in 2017 and launched in early 2018. Its reputation has steadily grown over the last three years. It has become known for its fresh, top-quality ingredients, all imported from Italy itself!

The premises is composed of the ground floor with a well-kitted kitchen area, serving bar, seating area (can hold 30 ) and customer toilets. The second floor has a stock room, staff room, prep kitchen and an office/waiting room. You can view the up to date floor plan in the picture displayed. The establishment is ready to walk in and start running right away.

Location: Italio is located directly in the centre of Kilmarnock. The site is perfect for regular footfall. It benefits from several office buildings and retail shops surrounding it.

Reason for sale: Italio is in a great position and is heading in the right direction to remain popular for years to come. Unfortunately, we are unable to devote enough time due to our other business ventures. This is why we would like to pass this business on to new owners.

Pricing: I have been researching the market for restaurants for the past few weeks. I have factored in the cost of all the top of the range equipment Italio has (all bought brand new). The estimate is around £1,25,000. The building is on a long-term leasehold.

There are certain things that I have not mentioned in this ad. I would prefer to show and discuss these things in person at the premises. Viewing is highly recommended, and you are welcome at any time! 

Get in touch for more information.

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Key Features

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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. Rest 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.

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