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Italian Restaurant for Sale

Hertfordshire

Leasehold : £ 75,000
Turnover : £ 200,000 p.w.

This popular Italian restaurant occupies a busy position in the town centre of High Barnet.

Sorrento is an authentic, fully licensed, 90 cover Italian restaurant located in a busy position within the town centre of High Barnet. The business has a good reputation, is well equipped and presented and currently has average sales of between £3,500 - £4,000 per week. The business is held on the remainder of a 15 year lease from 2006, has a rent of £17,800 and reviews are every 5 years. This opportunity is very realistically priced and offers good earning potential for a new enthusiastic owner or couple. Highly recommended!

Trading Hours: Monday to Saturday 12.00 pm - 11.30 pm, closed on Sundays.
 
Tenure: The business is held on a secure 15 year lease which commenced in June 2006, the rent is £17,800 per annum with the next review scheduled for 2013.

 
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1314 Advert ID 18756    Sellers Ref : 176/BSOL

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