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Freehold Licensed Italian Restaurant for Sale

Undisclosed, Nottinghamshire
Freehold Price:
£450,000
Status
FOR SALE
Advert ID
66731
Reference
R2778 / Rightbiz
WE ARE INFORMED the turnover currently averages £4,500 p.w. in our opinion offering tremendous potential for further development, especially with additional opening hours. (Included in the turnover is deliveries and slight takeaway of £1,500 p.w).Included in the sale are 2 SELF CONTAINED FLAT over, all refurbished and with QUALITY NIGHT STORAGE HEATERS.Flat No. 1 which is at present let and provides a rental income we understand of £400 per month, comprises:2 Bedrooms (1 large double, 1 single)Bathroom with bath, showever over bath, w.c. and wash hand basin Large LoungeFully fitted kitchenFlat No. 2 also refurbished and in good condition, at present let on a shorthold tenancy and providing a rental income of £350 per month. The flat comprises:1 Double BedroomShower room with shower, w.c. and wash basinLarge lounge with open plan kitchenPrice : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £485,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Listing Details
Freehold Price: £450,000
Tenure: Freehold
Location: Undisclosed, Nottinghamshire
Sector: Fast Food Businesses, Restaurants
Financials
Annual Turnover: £234,000
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Advert Reference: R2778 / Rightbiz
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