Very well fitted & equipped town centre Italian Restaurant

Key features

• £5,000 average weekly turnover from just 5 trading days
• New 10-year lease granted 2023 at £20,000 p.a.
• Prime town centre location — high footfall year-round
• Spacious, purpose-built fit-out with outside forecourt seating
• Genuine retirement sale — owners returning to Italy

About this business

Major Sussex Town Centre Italian Restaurant trading just 5 days and crying out for younger enthusiastic hands to take business to a much higher level. Would actually suite any form of catering Cuisine.

Trading figures

We understand from our Client that sales have recently averaged £5,000 per week and from just 5 days trading, leaving the way open for normal trading days to increase present takings considerably.

Trading hours

Presently opening just 5 days a week from Tuesdays to Saturdays from 11:30 am to 3:00 pm and 5:30 pm to 10:00 pm. Not telling what could be achieved with introduction of longer days and opening hours, especially if taking full advantage of the busy trading location of this super Italian Restaurant, although this business could be ideal for any form of catering cuisine.

Business premises

Very spacious purpose built retail catering premises, presently trading as a busy popular Italian Restaurant although certainly suited to cater for any form of cuisine. Fitted and equipped throughout to a very high standard and would drawer your attention to the attached photographs, so as to truly appreciate the overall design and layout. Business incorporates many working and preparation areas plus ample storage facilities. Interior comprises an array of very uniquely styled tables & chairs, There is also limited outside seating on forecourt.

Trade equipment

Fully fitted and equipped to a very high standard to cater for any form of Restaurant and inclusive of a very large selection of cookers, ovens, hotplates, microwaves, fridges, freezers, oil fryers and a large selection of trade utensils. We understand all items of equipment are services on a regular basis.

Tenure

Our client informs us that a new 10 years lease was granted in 2023 with reviews every 5 years. Present rent is £20,000 per annum. We further understand that The Landlord of this property is happy to discuss new Lease terms with the buyer of this Restaurant.

Accommodation

There is no accommodation included with this business however, there is a possibility that the Landlords might have rental accommodation close by. TBC.

Trading position

Situated heart of the town centre of this very popular South East England resort visited by thousands of holiday makers and tourist throughout the year. Easy access to the main A27 and A22 major routes and in easy travelling distances to Brighton & Hastings. Surrounding highly populated residential surrounding areas secure steady trading throughout the year plus close to well known pre Wimbledon tennis tournament which generates additional passing trade.

Special remarks

This is a genuine retirement sale as the owners now intend to return to Italy having built up this amazing Italian Restaurant over the last few years and now leaving the way for new more enthusiastic and energetic ownership. You should also not forget the amazing future potential to increase trade considerably, especial with the introduction of longer normal trading hours. This Restaurant would actually suite any form of cuisine.