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Charming Family-Run Italian Restaurant In Bacup, Rossendale For Sale

Bacup, Lancashire, UK, ID 267814

Charming Family-Run Italian Restaurant In Bacup, Rossendale For Sale 1
Charming Family-Run Italian Restaurant In Bacup, Rossendale For Sale 1
Asking price:
GBP£280 000
Owner
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Description

Established Italian Restaurant For Sale - Proven Hospitality Business with Owner's AccommodationWell-established Italian restaurant operating for over 20 years in Bacup, Rossendale. The business has built a strong reputation for authentic Italian cuisine and benefits from an established customer base.The restaurant accommodates approximately 65 to 70 guests and generates annual turnover of approximately £250,000 with reported profit margins of around 74%.The sale includes all commercial kitchen equipment, furniture, bar fittings, and business assets, allowing immediate continuation of trading.Located on a busy main road, the property benefits from excellent visibility and regular passing traffic, close to supermarkets and local amenities.Property Features:* Established Italian restaurant* Seating for approximately 65 to 70 guests* Fully equipped commercial kitchen* Reception area* Licensed bar* Spacious cellar with storage and staff facilities* Three-bedroom owner's apartment* Stone-built property with single-storey annex* Gas-fired central heating* UPVC double glazing throughoutRecent Improvements:* Toilet refurbishment completed in 2016* Kitchen refurbishment completed in 2016* Restaurant refurbishment completed in 2017* Bar refurbishment completed in 2018Accommodation:* Three-bedroom apartment* Kitchen* Lounge* Bathroom* Suitable for owner occupation or rental incomeProperty Layout:* Cellar with storage rooms, boiler room, laundry area, staff changing facilities, and WC* Ground floor restaurant, bar, kitchen, food preparation area, and reception* First-floor owner's apartmentAdditional Information:* Site area of approximately 2,000 square feet* Informal parking arrangement available nearby* Connected to all mains services* Rateable Value of £13,250Key Highlights:* Established business with over 20 years of trading* Annual turnover of approximately £250,000* Fully equipped restaurant* Owner's accommodation included* Prime trading location* Strong local reputation* Opportunity to continue existing business or explore alternative uses, subject to the necessary planning permissions* Fully operational turnkey businessThe property offers an excellent opportunity for owner-operators, hospitality businesses, or investors seeking an established restaurant with residential accommodation and future development potential.

Details

Real Estate: Lease
Reason for selling: Retirement
Asking price: 280 000 gbp

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