Highly-Rated Rossi's Italian Restaurant in Sheffield South Yorkshire for Sale
Sheffield, South Yorkshire
- Status
FOR SALE
- Date Submitted:
21/01/24
- Advert ID
605366
- Leasehold: £120,000 (Stock at valuation)
- Rent: £18,600
- Turnover: On request
- Net Profit: On request
Key Features
- Large Business for Sale
- With Car Park
- Offers Invited
- Close to Local Amenities
- Established Business
- High Turnover
- Unique Business
- Potential for Alternative Use
- Retirement Sale
- Fully Fitted
- Prime Location
- Attractive Business
Business Details
Rossi’s Italian Restaurant for sale Sheffield
Here is a fantastic opportunity to acquire a highly-rated, licensed Italian restaurant with seating capacity for 90. The restaurant is conveniently located close to the city centre of a popular suburban residential area in Sheffield in 3 Sharrow Lane, S11 8AE. Notably, the establishment operates from Monday to Sunday.
The asking price for the leasehold is £120,000, with the current turnover figure available upon request. It's important to highlight that the price is negotiable. The restaurant is strategically located on a main road near the city centre, and it enjoys healthy competition in the area.
The buyer can rest assured that all fixtures, fittings, and stock will be included in the sale. The premises have been fully licensed and refurbished, earning an excellent reputation locally. It also boasts outstanding reviews online and on social media.
Currently, the restaurant generates a weekly turnover between £8,000 to £10,000. This presents an ideal opportunity for an existing restaurateur to acquire a well-fitted and highly-rated restaurant premises that could be adapted for alternative cuisine.
The ground floor of the establishment consists of a main dining area with 90 covers, a bar area with display, customer toilets, a storeroom, kitchen, storage room, and staff changing room with toilet. The basement houses the wine room, freezer room, and extra storage space. The upstairs area can be converted into a room for private functions and it comes equipped with a well-appointed commercial catering kitchen.
The decision to sell this successful restaurant premises has been taken due to family circumstances that require care and attention. For complete details about this exciting business opportunity, please feel free to contact me on (available on request).
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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