 | Fine Italian Restaurant For Sale Oxfordshire, United Kingdom Advert ref: 3265PS FINANCIAL DETAILS | Asking price: £280,000 Sales revenue: £200k < 500k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The current owners purchased an empty shell two and a half years ago and converted it into this fine Italian restaurant.
It has a contemporary style and benefits from a wide glass frontage creating a light and airy environment. It comfortably seats 86 covers.
This is an attractive property with a wide window at the front with effective signage above. The business occupies the ground floor of the property with dining at the front and large bar area. The kitchen and restrooms are located to the rear.
It is currently being operated as a traditional Italian restaurant with focus upon fresh ingredients.
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GENERAL INFORMATION | Years established: 2.5 years
Employees: 6
Trading hours: 12.00 – 14.30 and 18.00 – 22.30
Property: Leasehold
Lease terms
25 year lease with 23 years remaining with rent of £22,500 per annum and rent reviews every 5 years.
Location
Prime town centre loaction
Reasons for selling
Emigration
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The Business Partnership - Gloucestershire, Oxfordshire and Wiltshire | | | |
