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Fast food takeaway restaurant

Less than £0.5m
Food & drink, Retail & wholesale
North West England
20 June 2022

Business description

Being sold due to the relocation of the owner overseas, is this exceptionally fitted fast food Italian take away restaurant serving pasta and pizza from a shopping centre complex in North Manchester.

With a focus on freshly made ingredients and traditional Italian recipes the current year's trading is reflecting the growth that the pandemic interrupted since launching in 2016. 

Fully staffed and currently run under management, a new owner could significantly reduce overheads.

We are asking £250,000 for the goodwill and assets of this business. This includes all fixtures, fittings, equipment and stock at the time of completion.

This offer is made only for someone who is committed to a swift purchase and can complete within a reasonably quick timeframe. Make your enquiry for more information. 

Reason for sale

Our client lives overseas and it is clear that the vision they envisaged for this business needs someone in the UK to drive it. The decision is therefore to sell.  

Additional information

Part of a modern shopping centre development surrounded by many national chains and independent names.The internal space is flexible but currently has 23 covers inside with an additional 8 of pavement seating. 

Lease Terms:

A 10 year FRI lease was taken in 2016 with a 5 year break and rent review clause.  Rent is £27,250 per annum. An annual service charge is also payable. The premises can operate under A1 retail or A3 hot food on premises and take away. 

In addition to the premises, the business also operates 2 storage containers. One immediately behind the premises and a second a two minute walk across the shopping centre. 

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