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Italian Nottinghamshire Restaurant for Sale - Successful Business with Growth Potential

Nottingham, Nottinghamshire
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Italian Restaurant in NottinghamItalian Restaurant in NottinghamItalian Restaurant in NottinghamItalian Restaurant in NottinghamItalian Restaurant in NottinghamItalian Restaurant in Nottingham
  • Status

    FOR SALE

  • Date Submitted:

    14/03/23

  • Advert ID

    509847

  • Reference

    2298 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £420,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Attractive Business
  • Established Business
  • Fully Fitted
  • Unique Business
  • Adjacent to Multiple Retailers
  • Accounts Available
  • Ideal for Full Refurbishment
  • Prime Location
  • Close to Local Amenities
  • Potential for Alternative Use

Business Details

Italian Restaurant in Nottingham

Summary:

- Rental Property
- Huge Potential
- Prime Location
- Heavy Footfall Area
- Unique Opportunity
- All Fixtures and Fittings Included
- Excellent Client Base
- Established Business
- Proof of Funds Required

Business Description:

Silk Letting Ltd are proud to present to the market an authentic Italian restaurant in the heart of Nottingham

This snug eatery prides itself on delivering the highest quality of service and has gained many 5-star reviews across multiple platforms using only the finest organic ingredients. The business has pre-established delivery agreements with Deliveroo and Uber Eats as well as its own fully functional website that offers a local delivery service.

This highly successful business benefits from a prime location on a busy high street in the town centre resulting in a heavy footfall of passing trade from the local area as well as walk-ins and returning regular customers.

The restaurant comprises 50 covers and includes a seating area outside. It is fitted to a high standard with a 5-star hygiene rating and is renowned for its friendly staff and warm vibe.

Location and Amenities:

Situated on a busy high street in the town centre, it is in a prime location with a high footfall of passing trade and walk-ins, surrounded by local amenities and other businesses.

Close to the A6008 and A60 with good transport links making the premises easily assessable for both the owner and customers.

Growth Potential:

This is a perfect opportunity for any new buyer looking to buy a well-established business with the potential for further growth.
Increase social media following by running incentives/competitions for customers on Facebook and Instagram accounts to boost social media following and encourage more customers to order online or visit the shop.

Offers and discounts throughout the week at quieter times to increase business and net profit.

Financial Profile:

Tenure: Lease – Rents property only – 7 years remaining on the lease.

Turnover is available upon request.

Property:

This superbly presented premises occupies 2 floors and accommodates 50 covers, it is decorated to a high standard throughout. The ground floor consists of a dining area and a fully equipped kitchen. The property also benefits from an outdoor space that accommodates 4 tables.

Security Features:

The property is fully secured with an alarm system throughout and CCTV cameras covering both the inside and outside of the premises.

Fixtures and fittings:

All stock, fixtures and fittings are included in the asking price making it fully equipped and ready for any new owner to take over and continue running.

A full list of assets is available upon request.

Staff Members:

The business currently employs 15 staff members, who are happy to continue employment under new ownership.

This is an exciting turn the key opportunity for any new owner looking to purchase an already existing business with the potential for further growth.

The business is currently open:

Monday – Thursday 8 am - 10 pm
Friday – Saturday 8 am – 11 pm
Sunday – 10 am – 10 pm

Reason for Sale

The owner is selling the business due to other business commitments creating the perfect opportunity for any new owner to take over an already well-established and profitable business.

Would you love to be running an already successful business and call it your own?

This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate this business to be on the market for long.

This is a huge and unique business opportunity to become your own boss and carry out your passion daily.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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. Reset 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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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. Reset 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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The data showed regarding this advert 'Italian Restaurant in Nottingham - 2298 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.