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Authentic Italian Restaurant in Bakewell Derbyshire for Sale - 40+ Years of Culinary Legacy

Bakewell, Derbyshire
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Licensed Restaurant For Sale Bakewell Derbyshire Licensed Restaurant For Sale Bakewell DerbyshireLicensed Restaurant For Sale Bakewell DerbyshireLicensed Restaurant For Sale Bakewell DerbyshireLicensed Restaurant For Sale Bakewell Derbyshire
  • Status

    FOR SALE

  • Date Submitted:

    13/01/23

  • Advert ID

    506335

  • Reference

    ID2954 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £175,000
  • Rent: £36,000
  • Turnover: £416,000 (£8,000 Per week)
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Prime Location
  • High Turnover
  • Established Business
  • Attractive Business
  • Fully Fitted
  • Town Centre location
  • Accounts Available
  • New Lease
  • Central Position in Affluent Village

Business Details

Licensed Restaurant For Sale Bakewell Derbyshire

Sovereign are delighted to bring to market this authentic family owned Italian restaurant located in the picturesque village of Baslow, Derbyshire. With a well-deserved reputation for serving the best authentic Italian cuisine in the Peak District for over 40 years

Offering a diverse and extensive selection of traditional Italian dishes, from delicious pastas, pizza, calzone, bruschettas, and high quality seafood and meat dishes. There is also a selection of Fine Wines to accompany the dining experience many from the owner’s home region of Puglia, Southern Italy. Famous for its sun kissed coastline and Olive Oil Production.

The business has an established and loyal customer base who visit time and time again to enjoy the excellent food, warm hospitality and a relaxed, homely atmosphere. The business also offers a takeaway service and there is an online deli so you can create and enjoy the unique Italian dining experience from the comfort of your own home.

The restaurant is located on a prime high visibility main road position with circa 65 covers inside and 45 alfresco with an impressive turnover of circa £8,000 per week. Trading Tuesday to Saturday 17.00 to 20.45 with a 5* food hygiene rating this successful business also has vast scope to develop by extending the opening hours and introducing deliveroo that has recently started operating in the area

The business is leasehold and family operated with the help of 2 x Full Time Waiters, 2 x Full Time Chefs, 1x Part Time Pot Washer and weekend waiting on staff as needed. Our client advises us there is a new lease available with an initial passing rent of £36,000 per annum, with 3 yearly rent reviews and a flexible lease term of 10 years.

On the market for a competitive £175,000 plus SAV. Therefore viewing is highly recommended to appreciate the quality of this going concern

  • Business ID:2954
  • Turnover Circa £8,000 Per Week
  • Established Business In Picturesque Village
  • Trading Successfully For Over 40 Years
  • Established & Loyal Customer Base
  • Vast Scope To Develop Business
  • Genuine Reason For Sale
    Read more

    Contact Agent

    Contact the seller for more details, or book a viewing

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    Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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    Stay Safe

    Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

    Stay Safe

    Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

    Stay Safe

    The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

    Stay Safe

    Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

    Stay Safe

    Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

    Stay Safe

    Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

    Stay Safe

    Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

    Stay Safe

    Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

    Stay Safe

    Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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