Southern Italian Restaurant in Kingston Upon Hull, Yorkshire, with Outdoor Dining and Approved Extension Plans
Kingston Upon Hull, East Riding of Yorkshire
- Status
FOR SALE
- Advert ID
613616
- Leasehold: £55,000
- Rent: £10,000 (£833 per month)
- Turnover: £312,000 (£6,000 per week)
- Profit: On request
Key Features
- High Turnover
- Attractive Business
- Planning Consent Available
- Fully Fitted
Business Details
Southern Italian Restaurant
Located on the bustling Newland Avenue, a stunning restaurant boasting 32 seats is available for lease. This property takes pride in its prime location and the opportunity it offers to the potential restaurateurs. In addition to its present seating capacity, planning permission for building an extension at the back of the restaurant has been approved, allowing the total capacity to exceed 45 covers.
For outdoor diners, the establishment also provides a sheltered area at the front. Just across the road lies a significant amenity: a vast parking area for the convenience of the customers. This can potentially enhance the customer base by making it a convenient choice for diners.
The sale of the lease does not include the business itself. Its long history as an Italian restaurant testifies to its viability in the food business. However, the interior decor offers flexibility in terms of the type of establishment potential buyers might wish to run. A Greek restaurant or, in fact, any other Mediterranean-style restaurant would be quite fitting.
The restaurant is fully equipped and ready to open its doors to the public. The leasing terms are favourably reasonable with a duration of four years and a two-year break clause. The owner is open to offers and encourages potential buyers or lessors to propose their terms.
In summary, this restaurant offers an exciting opportunity in a prime location, with approved planning permission for expansion and a huge customer car park nearby. This versatile space invites potential proprietors to make it their own, assuring flexibility and convenience in terms of both its lease and its functionality.
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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.
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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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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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