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Restaurants, South Yorkshire

£490,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Restaurant for sale

Key features

  • Valuable freehold investment
  • Substantial, prominent building
  • Same ownership for 35 years
  • Would suit any style of cuisine

Description

FREEHOLD LICENSED 50 COVER RESTAURANT in Sheffield for Sale.

Long established and highly regarded authentic Italian cuisine restaurant operated from this substantial freehold property since 1991. Well known and much loved and located in a densely populated area of Sheffield, benefitting from a huge catchment area. The restaurant and highly prominent building is only being sold to enable the owners to retire and move abroad.

Run on very short evening openings with a small team of staff, yet taking an average of £6,000 per week and showing good, adjusted net profits of circa £40,000 per annum. The business has the potential to take a lot more with energetic and ambitious new owners utilising social media and online food ordering portals. The business is very much run on a low-key basis to suit the owner and retain that intimate hands-on dining experience.

50 cover licensed restaurant with the main restaurant, reception and bar occupying the ground floor, comprehensively equipped catering kitchen with pot-wash area and stores in the expansive basement. The first floor has ladies and gents toilets, a staff changing room and a room which was previously used as a private dining room with its own bar but is only currently being utilised for storage. Attic space offers further storage. Rear yard with parking for one car.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591515. 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 Ernest Wilson & Co Limited, EW Leeds. 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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