Offers over
£130,000
Restaurant for saleOswald Road, Scunthorpe DN15
About this property
£100,000 anp
Instagram-able décor
Great location
Fully managed
Fully refurbished
Very profitable
Over 100 covers
Perfect for owner operator
Super opportunity
Established over 30 years
Lavo, Scunthorpe
Offers Over £130,000 leasehold
Summary
Excellent opportunity for one of Lincolnshire’s finest Italian restaurants established for over 30 years
Fully refurbished in 2022, excellent reputation
Sales up to £25,000 per week
Fully staffed and managed
Very profitable
Internal details
Deceptively large restaurant and bar offering seating for over 100 covers with a maximum capacity of 200
Please see the floorplan for further details
External details
Parking for up to eight cars at the rear of the property
Location
Town centre restaurant in Scunthorpe, Lincolnshire
Tenure
Our client is selling the business and lease at ‘Offers Over £130,000’
10-year lease, eight years remaining, passing rent of £20,000 per annum
Trading information
Turnover circa £500,000 generating very healthy adjusted net profit of circa £100,000
Full accounts are available upon request
Further information
Lavo has a high quality dedicated website -
Over 5,000 followers on Facebook
Nearly 3,000 followers on Instagram -
Offers Over £130,000 leasehold
Summary
Excellent opportunity for one of Lincolnshire’s finest Italian restaurants established for over 30 years
Fully refurbished in 2022, excellent reputation
Sales up to £25,000 per week
Fully staffed and managed
Very profitable
Internal details
Deceptively large restaurant and bar offering seating for over 100 covers with a maximum capacity of 200
Please see the floorplan for further details
External details
Parking for up to eight cars at the rear of the property
Location
Town centre restaurant in Scunthorpe, Lincolnshire
Tenure
Our client is selling the business and lease at ‘Offers Over £130,000’
10-year lease, eight years remaining, passing rent of £20,000 per annum
Trading information
Turnover circa £500,000 generating very healthy adjusted net profit of circa £100,000
Full accounts are available upon request
Further information
Lavo has a high quality dedicated website -
Over 5,000 followers on Facebook
Nearly 3,000 followers on Instagram -
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