- Advert ID: 646701
- (Seller ref: 30127FH)
Freehold Italian Restaurant For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > East Sussex
- > Brighton & Hove
- > Brighton
- Category:
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Summary
- Asking price:
- £659,950 (Furniture / Fixtures included)
- Sales revenue:
- £339,785
- Net profit:
- Available on request
- Years established:
- 30
- Employees:
- 5 FT
Business description
GPS-Direct are delighted to offer for sale the freehold interest in this established Italian restaurant in Brighton city centre. Offering 52 covers in the well-appointed ground floor restaurant, the business benefits from a substantial turnover from evening only trading and a rental income from 2 flats above. In the same family ownership for nearly 20 years, the sale represents a unique opportunity.
Property information
- Property:
- Freehold
- Living accommodation:
- There are 2 self-contained flats above the restaurant. Currently let on individual ASTs, these produce an annual rental income of £13,200.
- Location:
- The restaurant is situated in Preston Street, a popular location between the seafront and Western Road. The restaurant is within easy reach of the Regency Square car park.
Other information
- Expansion potential:
- The restaurant currently trades only evenings, with huge potential for lunchtime opening.
- Reasons for selling:
- Retirement.
- Trading hours:
- Monday - Sunday evenings only.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United Kingdom
- > England
- > South East
- > East Sussex
- > Brighton & Hove
- > Brighton
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