Established Italian restaurant and pizzeria for sale in City of London with a long lease and full equipment

Description

This well-established Italian restaurant, pizzeria, and wine bar on Upper Richmond Road is available for sale due to the owner returning to Italy. The business operates from a fully equipped premises with a 15-year lease, providing a stable environment for the new owner. The restaurant includes a pizza oven, grill, coffee machine, kitchen and under-counter refrigerators, CCTV, and an electric canopy. It has separate male and female restrooms, seating for 37 indoors and 8 outdoors, and a built-in sound system. The leasehold price is £49,950, with annual rent of £30,000 and business rates of £400 per month. The restaurant benefits from a location with no direct competition and nearby shops and amenities. The business also maintains an online presence showcasing its Italian cuisine, café, pizzeria, and wine bar offerings. This is a turnkey opportunity for a new owner to step into a profitable, fully equipped dining establishment.