Italian Restaurant and Café in Leighton Buzzard For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Bedfordshire. LEIGHTON BUZZARD

Turnover £ 3,000
Price £75,000

Features

Licensed Italian Restaurant Plus Daytime Café

5 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 300 ft², laminated strip floor, ceiling with hanging lights, Bar, EPOS till. CCTV system (3 cameras, 1 monitor), Tables and chairs providing seating for 24 People, Coffee Machine (2 Group), coffee grinder.

Kitchen (REFITTED 2023), stainless steel extractor unit, Cooker (Gas 8-burner), pizza oven (2-deck), combi oven, induction plate, dishwasher, sink, microwave, fridge, under counter fridge, chiller, 2 freezer, pasta machine.

Toilet with w.c. and wash hand basin.

Basement, used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 2 full time & 2 part time staff.

Trading Hours

5 Day week
TUESDAY - SATURDAY 9am - 3pm then 5.30pm - 10.30pm

Outside

Rear yard for bins

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £9,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote