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Italian restaurant for sale in Ilkley with outdoor terrace and strong bookings.

Ilkley, West YorkshireEst. 22 years
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  • Leasehold: £150,000
  • Turnover: £676,000 (£13,000 per week)
  • Profit: Not Applicable

Business Details

Restaurants For Sale in Ilkley

HIGHLY REGARDED LICENSED RESTAURANT in Ilkley for Sale.

A well-known family run restaurant in the centre of this historic Yorkshire spa town surrounded by the most affluent districts in the north of England. Successfully operated for the last 22 years and having achieved an outstanding reputation for home-style cooked authentic Italian cuisine, customers have to book up to months in advance to get a reservation. A full book of forward bookings show reservations three to four months in advance. This is truly a unique opportunity to acquire a phenomenal restaurant business with a huge following of regular customers.

The restaurant only trades over short daytime openings during the week (five days) and two weekend evenings and yet boasts enviable takings of circa £13,000 per week. Sales were £20,000 per week prior to the owner choosing to take it a little easier as he looks toward a well-earned retirement. Profitability is outstanding and full financial accounts will be available to seriously interested parties who have completed a viewing arrangement.

A highly prominent corner property within which the restaurant occupies the ground floor and wraparound outside decked terrace. Internally the restaurant comfortably and spaciously accommodates 28 diners, with the outside terrace seating an additional 20 customers. Central service bar. Superbly equipped kitchen with commercial quality catering equipment throughout. High efficiency stainless steel hooded extraction system. Ladies and gents WC. Rear access yard for deliveries. The premises has ample street parking, given its proximity to the towns train station.
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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.

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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.

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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