Property

Charming Well Established Italian Restaurant

East Midlands - Raunds, Northampton

Full Description:

Unique Business Broker is pleased to be working with the owner of Rocco's Italian Restaurant in Raunds, Northamptonshire on the sale of the business.

Established from scratch around 10 years ago, this charming & welcoming little restaurant is full of character and atmosphere and is being sold due to retirement. 

The restaurant is situated in the Centre of Raunds on the busy Brook St and boast a large car park at the rear of the property.

Fitted out to a high standard throughout, and seating for circa 36 covers, this cracking little restaurant benefits from an amazing repeat trade with some customers eating there 2 or 3 times a week.

We understand from the owner that all equipment plus fixtures and fittings are included in the sale.

The property has 7 months remaining on a 5-year lease with no rates and we understand that a new lease is available. The current rent is £710 per month.

This really is a superb opportunity for a first-time owner operator who are looking to take their first step in the Restaurant business.

Viewings are strictly by appointment only made via our offices. Please do not contact the owners directly.

Key Features:

  • Established Business
  • Prime Location
  • Adjacent to Multiple Retailers
  • Company for Sale
  • Accounts Available
  • Own Car Park
  • Retirement Sale
  • Offer Invited

Tenure, Rent and Rates:

  • Tenure: Leasehold
  • Rent: £710 P/M
  • Rates: Small Business Relief

Key Financials:

  • Asking Price: £46,500
  • Annual Turnover: Circa £65,000
  • Annual Net Profit: £19,500
Reference: UNI833
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