Highly Reputed Italian Restaurant And Function Room Premium Advert

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Status
FOR SALE
Advert ID
196435
Reference
4240 / RightBiz

Details

Stunning premises finished to the highest of standards
Advanced bookings into the following years
Early viewing essential to fully appreciate
High amount of regular and repeat trade
Beautiful modern décor throughout
Genuine reason for sale
Outstanding reputation
Walk in condition
LEASEHOLD

Business History
Meridian Business Sales are honoured to offer to the market this excellent Italian restaurant and function room which was established by our client in 2011. The only reason this brilliant business is being offered to the market is due to our clients desire to concentrate on other business interests. Since the business was established our client has built up a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade alongside good word of mouth recommendations. Customers can choose from an extensive selection of classic Italian dishes from the main menu as well as from the specials board which is changed daily. On Sundays a traditional roast dinner is offered and the wine list is all Italian. The restaurant is fully modernised throughout and is warm and cosy with a rustic feel and original artwork adorning the walls. Attached to the restaurant is a function room that can accommodate up to 120 people. It has its own bar and toilets and is a popular choice for all kinds of celebrations such as weddings, birthdays, christenings and much more. The function room is a modern and tastefully decorated function suite offering a perfect venue for all celebrations. Whether customers would prefer a sit down meal or a buffet dining option our clients individually price menus to suit customers needs. Every event can be catered for by the experienced and dedicated events team. The Italian restaurant and function room is extremely popular due to its location in the business district and its forward bookings run well into the following years. Our client has invested time and money into the business and premises to the point where it is in full walk in condition helping the business become the renowned success it is today. He has continually developed and improved the business introducing new lines and income stream which have enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. This is a tremendous opportunity to purchase a true lifestyle business in one of the most desirable areas in the UK and as such early viewing is highly recommended as this outstanding business is not to be missed.




LOCATION
This fantastic Italian restaurant and function room is situated in a desirable rural area of Blackrod, Bolton, Lancashire. The restaurant is surrounded by a golf course, The Macron Stadium, visitor attractions and much more deriving much of the businesses trade. The business is located on the A6 Blackrod Bypass which gives access to the UK's wider motorway networks, such as the M6. Bolton town centre is constantly being redeveloped with many new and exciting shops and businesses opening each month. The town has excellent links to Manchester with its various attractions and is easily reached via the A676 and the A58 making commuting easy for anyone who wishes to visit.



LEASE TERMS
We are advised Leasehold
Rent: £55,000pa
Original length: 10 years
Remaining until 2026


Monday: 12:00-2:00pm // 5:00-9:30pm
Tuesday: 12:00-2:00pm // 5:00-9:30pm
Wednesday: 12:00-2:00pm // 5:00-9:30pm
Thursday: 12:00-2:00pm // 5:00-9:30pm
Friday: 12:00-2:00pm // 5:00-10:30pm
Saturday: 12:00-2:00pm // 5:00-10:30pm
Sunday: 12:00-9:00pm



Well signed distinctive property briefly comprising:

Ground Floor
Secure entrance leading to:

Restaurant
Dining area/ Restaurant area
Bar
Kitchen area
Office area
Toilets

Function Room
Fully self contained
Private bar area
Dance floor
Can accommodate up to 120

EXTERNAL
Car park for 100+ cars
Own garden area used for weddings and barbeques
etc.
Listing Details
Leasehold Price: £295,000
Tenure: Leasehold
Sector: Italian Restaurants, Restaurants
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
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