Restaurant for sale
Property description & features
- Long lease available with 15 years remaining
- Sought after Hoverton location
- Highly esteemed reputation
- Fantastic footfall opportunity
- Beautifully decorated throughout
- 92sqft Basement with staff rooms on the first floor
- Restaurant caters for 15 covers
Summary - Welcome to an exceptional opportunity brought to you by Paul Hubbard - the chance to acquire a thriving business strategically situated in the heart of the idyllic Hoveton. Little Italia stands as a beacon of success, having meticulously built a respected reputation within the community. This establishment caters to a diverse clientele, offering the option for patrons to savor their delectable offerings on-site or conveniently place orders through their dedicated website. Moreover, the business has adapted to the modern age by establishing a presence on popular food delivery platforms such as Just Eat, Uber Eats, and Foodhub.
Positioned amidst a tapestry of high footfall and passing trade, Little Italia boasts not only low overheads but also a magnetic allure enhanced by its eye-catching signage. The property itself has been transformed with a keen aesthetic eye, showcasing an inviting industrial decor that contributes to the overall dining experience. The spacious interior includes a generously-sized counter and enough room to comfortably accommodate over 15 covers.
Practicality is a hallmark of this establishment, evident in the thoughtful layout of the property. Customers are provided with convenience through a ground-level WC, ensuring a pleasant experience. The operational side is seamlessly managed by an industrial kitchen, while the first floor houses spacious staff quarters, contributing to the efficiency and functionality of the business.
This promising venture comes with a rare offering - a long lease remaining with a total of 15 years, and an attractive asking price of £79,000. The annual payment of £11,500 only adds to the appeal, making this an enticing prospect for savvy investors seeking a profitable enterprise.
As the current owner explores new horizons, the potential for Little Italia is boundless, especially with the possibility of an owner-run approach. Presently, the owner is not actively involved in the day-to-day operations, presenting an ideal opportunity for an ambitious entrepreneur to step in and infuse their passion and vision into this already thriving establishment.
Seize this chance to make Little Italia your own and contribute to its continued legacy of success in the heart of Hoveton. The canvas is set, and the stage is yours to further elevate this culinary gem.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 32741593. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Hubbard Estate Agents - Lowestoft.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.