£490,000
Restaurant for saleRestaurants S6, South Yorkshire
Business
Freehold
About this property
Valuable freehold investment
Substantial, prominent building
Same ownership for 35 years
Would suit any style of cuisine
Freehold licensed 50 cover restaurant in Sheffield for Sale.
Long established and highly regarded authentic Italian cuisine restaurant operated from this substantial freehold property since 1991. Well known and much loved and located in a densely populated area of Sheffield, benefitting from a huge catchment area. The restaurant and highly prominent building is only being sold to enable the owners to retire and move abroad.
Run on very short evening openings with a small team of staff, yet taking an average of £6,000 per week and showing good, adjusted net profits of circa £40,000 per annum. The business has the potential to take a lot more with energetic and ambitious new owners utilising social media and online food ordering portals. The business is very much run on a low-key basis to suit the owner and retain that intimate hands-on dining experience.
50 cover licensed restaurant with the main restaurant, reception and bar occupying the ground floor, comprehensively equipped catering kitchen with pot-wash area and stores in the expansive basement. The first floor has ladies and gents toilets, a staff changing room and a room which was previously used as a private dining room with its own bar but is only currently being utilised for storage. Attic space offers further storage. Rear yard with parking for one car. EPC Band C
Long established and highly regarded authentic Italian cuisine restaurant operated from this substantial freehold property since 1991. Well known and much loved and located in a densely populated area of Sheffield, benefitting from a huge catchment area. The restaurant and highly prominent building is only being sold to enable the owners to retire and move abroad.
Run on very short evening openings with a small team of staff, yet taking an average of £6,000 per week and showing good, adjusted net profits of circa £40,000 per annum. The business has the potential to take a lot more with energetic and ambitious new owners utilising social media and online food ordering portals. The business is very much run on a low-key basis to suit the owner and retain that intimate hands-on dining experience.
50 cover licensed restaurant with the main restaurant, reception and bar occupying the ground floor, comprehensively equipped catering kitchen with pot-wash area and stores in the expansive basement. The first floor has ladies and gents toilets, a staff changing room and a room which was previously used as a private dining room with its own bar but is only currently being utilised for storage. Attic space offers further storage. Rear yard with parking for one car. EPC Band C
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