Restaurant for sale in Old Street London

Pasta Factory is proud to present to the market a spectacular opportunity to own this much sort after pasta bar located in a lively area in Old Street, London.

The business has all the relevant food licenses in place, is a registered food business, and has a premise license. The restaurant gains ample attraction through its high number of walk-ins and passing trade.

The building provides lots of charm and character with its aesthetically appealing interior and comfortable surroundings creating a relaxed and friendly ambiance, this is the perfect surrounding for lunch break and a delicious meal out with friends.

The restaurant has  total 25  covers altogether.

The shop  is ideally located close to a busy high street that’s well-populated and surrounded by many offices.

Location and amenities:

The shop  is in a prime location between two very bustling high streets, with traffic, and footfall leading to a lot of passing trade. Close to multiple retailers, this business benefits from the heavy amount of footfall this area gathers.

Close to local transport links such as a bus stop a few minutes away from the premises, this business is very easily accessible to the owner, staff, and customers if they need to travel to the premises.

Growth potential:

This is the perfect opportunity for any new owner looking to purchase a well-established business with the potential for further growth.

This already successful company could increase its revenue by trading 7 days a week as right now they’re operating 5 days a week.

The restaurant does not have a website but ties with some food delivery services. The new owner could increase sales by partnering with the likes of Uber Eats and Just Eat.  Not only does this mean the business can reach a wider audience but it also gives the customers the choice to order their food from the comfort of their own homes.

Financial profile:

Tenure – lease. Rents property only – 13 years remaining length of the lease.

Property:

This business is beautifully set with its rustic décor, ensuring the atmosphere is enticing and that the ambiance is comfortable for the customer.

The interior is styled with wooden flooring, brick walls, and ambient lighting 

Reason for business sale:

The owner is deciding to sell the business due to personal reasons and is hoping to hand over the success of this business to a new owner.

This is the perfect chance for a new owner to step in and expand this business further than its limits.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale inquiries or arrange a viewing on (available on request)