Town Centre Italian Restaurant In Bedford For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular town centre Italian restaurant, which was established in 1990 and which has been in our clients' careful hands since 2006. The business is only now being placed on the market due to our clients' wish to relocate to France. The restaurant boasts 36 covers and generates a turnover in the region of £146,000 per annum with a gross profit of 65%. The business opens at lunchtimes and in the evenings five days a week and opens on Sundays for bookings only. A new owner could increase turnover by perhaps opening all day as a coffee shop while still offering lunch and evening menus. We are advised there is scope to extend the restaurant to the rear, subject to the necessary planning consent. Amici Ristorante boasts an enviable reputation and a loyal customer base, with much repeat custom and word of mouth recommendations. There is a quality web site in place offering information about the menus and contact details. We feel this represents an ideal opportunity to acquire a popular town centre restaurant. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 25 years
Remaining: 8 years
Review: every 5 years
Rent: £14,500 per annum

Leasehold rent:

£14,500 per annum

Location:

Amici Ristorante is ideally located in the heart of the town of Bedford, just off the busy A6. The restaurant is surrounded by a wealth of complementary shops and businesses and benefits from a high footfall. The area is well served by numerous bus routes and there are 2 large car parks in the vicinity. Bedford is an affluent town with excellent schools and leisure facilities and boasts excellent road access being close to both the M1 and A1(M), motorways. Milton Keynes, lies approximately 14 miles southwest, Northampton 20 miles northwest and the City of London is approximately 50 miles to the south.

Premises details:

End of parade, ground floor lock up, 36-cover restaurant. Briefly comprising:

Ground Floor
• Main restaurant area with tables and chairs for 36 covers, counter area with display shelving, coffee machine, coffee grinder, 2 x 2-door drinks chillers and cash register
• Kitchen with 2 x 6-burner hobs and ovens, chest freezer, fryer, microwave oven, work surfaces and sink
• Wash up area with dish washer, double sink and large walk-in refrigerator
• Ladies & disabled WC
• Gents WC
• Dry stock room with 2 x freezers, ice machine and racking and shelving to suit

• Currently unused building with WC and shower, 2 x rooms, 1 x small room (potential to increase size of restaurant, our client has plans and quotes)

External
• Large pavement area to front with 2 x tables and seating
• Courtyard garden to rear with 20 covers

Business Operation

Trading hours:

Mon: Closed
Tues - Sat: 12.00pm - 3.00pm & 5.30pm - 12.00am
Sun: Open for bookings only