Restaurant for sale

Leasehold Independent Italian Restaurant Located in Carrington, Nottingham

0121 721 6440

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Restaurant

0 bed

0 bath

Property description & features

Leasehold Italian Restaurant
Licensed
Great Reputation

Leasehold Independent Italian Restaurant Located in Carrington, Nottingham
Ratings # Trip Advisor 5.0 / Facebook 5.0 / Google 5.0
Licensed
Ref 2915

Location
This delightful Italian Lasagneria Restaurant is located in Carrington, Nottingham. Situated within a prominent and highly visible trading position on Hucknall Road. Carrington is a small suburb, located approximately (1.3 miles) north of Nottingham city centre. It lies next to the areas of Sherwood, Mapperley, Forest Fields, Basford, Sherwood Rise and the Forest Recreation Ground. The area has a range of other independent retailers along with some large national retailers and is densely populated with residential properties. All of which bring high levels of footfall and passing trade to the area. There is a bus stop outside the restaurant and ample free car parking available nearby.

Leasehold Asking Price £35,000 plus SAV (£2,000)

Business Description
Veritas Business sales are privileged to offer to the market this fantastic award winning 5 star rated Italian Restaurant located in Carrington, Nottingham. The premises was transformed into what you see today by the current owners back in 2021. They are now offering the business for sale due to relocating closer to home and to focus on other projects.
Since ownership they have completely renovated the premises and have invested more than £60,000 in the process. They have installed new catering equipment along with exceptional quality fixtures & fittings which most are bought and paid for and included within the sale price which is a huge plus for the new owner as additional will not funds will not need to be spent for some time. Lombardo's Lasagneria & Aperitivo was owner operated and employs 2 part time members of staff and had an average weekly turnover of £4,000 (19.5 hours trading). The restaurant ceased trading in January 2024 due to personal reasons so it's the lease and fixtures and fittings which is on offer.
This is a superb opportunity to purchase a fully fitted restaurant where all the hard work has been done which is a great base to build upon and such early viewing is highly recommended.

Opening Hours
Monday - Thursday - closed
Friday & Saturday - 4:30pm - 11:00pm
Sunday - 12:30pm - 3:00pm - 5:00pm - 9:00pm

Leasehold
Term: 5 years
Remaining: ends July 2025 (can be extended)
Rent: £11,000 pa
Business Rates: zero

Ground Floor
Restaurant comprising: 9 tables, 22 chairs, 2 x highchairs, 2 x tables & 4 chairs outside, bespoke bar with hand pull draft beer, handwash basin, wall mounted towel dispenser, wooden shelving, coffee machine (WE2),countertop wine chiller (Adexa), glass fronted under counter wine chiller (Adexa), under counter double glass fronted chiller, under counter fridge (Nisbets), stainless steel bin, ice buckets, till & cash draw (Epos Now), assorted, glassware, music system with amplifier & speakers.
W/C Unisex & Family with handwash basin.
Cellar
Fantastic area which is used for the draft beer pump, wine storage along with other non-perishables.
Kitchen comprising: stainless steel wash basin, hand towel dispenser, insect zapper, assorted stainless steel shelving, 2 x toasters (Russell Hobbs), undercounter fridge (BEKO), undercounter fridge (Amica), 3 x commercial microwaves (Samsung), commercial oven, commercial electric 4 ring hob (Lincat), stainless steel single undercounter fridge (Polar), stainless steel double undercounter fridge (Polar), food mixer (Kenwood le mix), countertop hot plate (Quantum), deep fat fryer (Adexa), stainless steel work counter (Cater Cook), stainless steel shelving (Cater Cook), commercial extraction, all cooking utensils, cutlery and pots & pans.
Pot wash area with stainless steel double sink and commercial dishwasher (Arisco).
The property benefits from gas central heating and air-conditioning units

Door leading to the yard and side street, ideal for takeaway collections instead of walking through the restaurant.
External
2 indoor cameras and 2 outdoor cameras for the front and back of the building.
Rear yard with storeroom which contains tall double fridge (LG) and another tall double fridge (Fridgemaster).
Yard area also stores the bins with ample opportunity for more storage if required.

EPC Rating E

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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