Oswald Road, Scunthorpe, DN15
£37.27 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,488 sq ft
324 sq m
- SECTOR
Restaurant for sale
Key features
- £100,000 ANP
- Instagram-able décor
- Great location
- Fully managed
- Fully refurbished
- Very profitable
- Over 100 covers
- Perfect for owner operator
- Super opportunity
- Established over 30 years
Description
Offers Over £130,000 leasehold
SUMMARY
Excellent opportunity for one of Lincolnshire’s finest Italian restaurants established for over 30 years
Fully refurbished in 2022, excellent reputation
Sales up to £25,000 per week
Fully staffed and managed
Very profitable
INTERNAL DETAILS
Deceptively large restaurant and bar offering seating for over 100 covers with a maximum capacity of 200
Please see the floorplan for further details
EXTERNAL DETAILS
Parking for up to eight cars at the rear of the property
LOCATION
Town centre restaurant in Scunthorpe, Lincolnshire
TENURE
Our client is selling the business and lease at ‘Offers Over £130,000’
10-year lease, eight years remaining, passing rent of £20,000 per annum
TRADING INFORMATION
Turnover circa £500,000 generating very healthy adjusted net profit of circa £100,000
Full accounts are available upon request
FURTHER INFORMATION
Lavo has a high quality dedicated website -
Over 5,000 followers on Facebook
Nearly 3,000 followers on Instagram -
Oswald Road, Scunthorpe, DN15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Scunthorpe Station0.3 miles
- Althorpe Station3.3 miles
Notes
Disclaimer - Property reference RX414886. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nationwide Business Sales LTD, Castleford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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