Request more information from the seller.
Add to your shortlist.
Print this advert.
Tell a friend about this business.
Back to search results.
(REF: 2891)  Town Centre Italian Restaurant in Bedford
 
Seller Reference: 2891
B4S Reference: 31894
Asking Price: £69,500
Net Profit:
Sales Revenue: £146,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Bedford, Bedfordshire, United Kingdom
  Business Summary   
  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
 
  Current Rent: £14,500 per annum
 
  Living Accommodation: No
 
  Details of Accommodation: 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
 
  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.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon: Closed
Tues - Sat: 12.00pm - 3.00pm & 5.30pm - 12.00am
Sun: Open for bookings only





Contact this seller
Title:
First Name:
Last Name:
Your Email Address:
Your Contact Number: (optional)
Country:

Your message:
Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.