Renovated Independent Italian Restaurant in Carrington, Nottingham for Sale
Nottingham, Nottinghamshire
- Status
FOR SALE
- Date Submitted:
15/09/23
- Advert ID
599636
- Reference
2915 / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Leasehold Independent Italian Restaurant Located in Carrington, Nottingham
Leasehold Independent Italian Restaurant Located in Carrington, NottinghamRatings # Trip Advisor 5.0 / Facebook 5.0 / Google 5.0
Licensed
Ref 2915
Location
This delightful Italian Lasagneria Restaurant is located in Carrington, Nottingham. Situated within a prominent and highly visible trading position on Hucknall Road. Carrington is a small suburb, located approximately (1.3 miles) north of Nottingham city centre. It lies next to the areas of Sherwood, Mapperley, Forest Fields, Basford, Sherwood Rise and the Forest Recreation Ground. The area has a range of other independent retailers along with some large national retailers and is densely populated with residential properties. All of which bring high levels of footfall and passing trade to the area. There is a bus stop outside the restaurant and ample free car parking available nearby.
Leasehold Asking Price £35,000 plus SAV (£2,000)
Business Description
Veritas Business sales are privileged to offer to the market this fantastic award winning 5 star rated Italian Restaurant located in Carrington, Nottingham. The premises was transformed into what you see today by the current owners back in 2021. They are now offering the business for sale due to relocating closer to home and to focus on other projects.
Since ownership they have completely renovated the premises and have invested more than £60,000 in the process. They have installed new catering equipment along with exceptional quality fixtures & fittings which most are bought and paid for and included within the sale price which is a huge plus for the new owner as additional will not funds will not need to be spent for some time. Lombardo's Lasagneria & Aperitivo was owner operated and employs 2 part time members of staff and had an average weekly turnover of £4,000 (19.5 hours trading). The restaurant ceased trading in January 2024 due to personal reasons so it’s the lease and fixtures and fittings which is on offer.
This is a superb opportunity to purchase a fully fitted restaurant where all the hard work has been done which is a great base to build upon and such early viewing is highly recommended.
Opening Hours
Monday – Thursday – closed
Friday & Saturday – 4:30pm – 11:00pm
Sunday – 12:30pm – 3:00pm – 5:00pm - 9:00pm
Leasehold
Term: 5 years
Remaining: ends July 2025 (can be extended)
Rent: £11,000 pa
Business Rates: zero
Ground Floor
Restaurant comprising: 9 tables, 22 chairs, 2 x highchairs, 2 x tables & 4 chairs outside, bespoke bar with hand pull draft beer, handwash basin, wall mounted towel dispenser, wooden shelving, coffee machine (WE2),countertop wine chiller (Adexa), glass fronted under counter wine chiller (Adexa), under counter double glass fronted chiller, under counter fridge (Nisbets), stainless steel bin, ice buckets, till & cash draw (Epos Now), assorted, glassware, music system with amplifier & speakers.
W/C Unisex & Family with handwash basin.
Cellar
Fantastic area which is used for the draft beer pump, wine storage along with other non-perishables.
Kitchen comprising: stainless steel wash basin, hand towel dispenser, insect zapper, assorted stainless steel shelving, 2 x toasters (Russell Hobbs), undercounter fridge (BEKO), undercounter fridge (Amica), 3 x commercial microwaves (Samsung), commercial oven, commercial electric 4 ring hob (Lincat), stainless steel single undercounter fridge (Polar), stainless steel double undercounter fridge (Polar), food mixer (Kenwood le mix), countertop hot plate (Quantum), deep fat fryer (Adexa), stainless steel work counter (Cater Cook), stainless steel shelving (Cater Cook), commercial extraction, all cooking utensils, cutlery and pots & pans.
Pot wash area with stainless steel double sink and commercial dishwasher (Arisco).
The property benefits from gas central heating and air-conditioning units
Door leading to the yard and side street, ideal for takeaway collections instead of walking through the restaurant.
External
2 indoor cameras and 2 outdoor cameras for the front and back of the building.
Rear yard with storeroom which contains tall double fridge (LG) and another tall double fridge (Fridgemaster).
Yard area also stores the bins with ample opportunity for more storage if required.
EPC Rating E
Contact Agent
Listing Statistics
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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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