Italian restaurant for sale in Clerkenwell Road City of London
City of London, LondonEst. 6 years
- Status
FOR SALE
- Advert ID
643245
- Leasehold: £200,000
- Rent: £30,624 (£2,552 per month)
- Turnover: £435,000 (£8,365 per week)
- Profit: On request
Key Features
- Fully equipped commercial kitchen
- All necessary equipment included
- Bar and beverage equipment
- Comprehensive CCTV security system
Business Details
Italian restaurant for sale in Clerkenwell Road
When we acquired the property, it was a coffee shop, but we soon transformed it into a charming Italian restaurant, now operating daily from 12:00 to 22:00. Our establishment is situated on a road once known as Little Italy, which adds a unique cultural touch to the dining experience. Nearby, the largest Italian Catholic church attracts a substantial number of patrons, particularly on Sundays, contributing to our thriving atmosphere.
Having been in business for six years, we have built a loyal customer base and a strong reputation in the local community. We currently employ three dedicated staff members who help maintain our exceptional service standards. Our Italian restaurant, located in Clerkenwell Road, is now available for sale. The leasehold price is set at £200,000, with an impressive turnover of £435,000 and an annual rent of £30,624. All current stock is included in the sale.
Comprehensive Facilities
This fully equipped establishment features a commercial kitchen boasting all necessary equipment, a bar area with comprehensive beverage facilities, and a welcoming interior that exudes charm and vintage ambiance. Our central London location ensures a steady flow of customers, and the restaurant benefits from a robust CCTV security system for peace of mind.
Key Features
Customers will appreciate our convenient online ordering system, which complements our consistent food quality and presentation. Additionally, we offer essential cold storage options, making it easy to manage inventory. The premises also hold a full licence, ensuring compliance with regulations and enhancing customer experience. With a fully fitted setup, the restaurant is easy to transport and manoeuvre, ideal for a new owner ready to step into a vibrant business.
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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.
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.
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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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