Guide Price £70,000

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Retail Property (High Street) for sale

Woodhouse Lane, Leeds

  • Retail Property (High Street)

Description

BUSINESS FOR SALE - ITALIAN FOOD RESTAURANT

LEASEHOLD

PRIME TRADING POSITION

FULLY FITTED , QUALITY FIXTURES, FITTINGS AND EQUIPMENT

EXCELLENT REPUTATION

LOCAL AND LOYAL CLIENTELE

EXCELLENT SALES AND PROFIT

EARLY INSPECTION ADVISED -- PLEASE CONTACT THE OFFICE FOR FURTHER INFORMATION

RENT £1500 PER CALENDER MONTH

Hamonds are pleased to bring to the market this excellent Italian & Pizza restaurant business, although currently not trading there is a 9 Year lease available, the business is part of the LIEVITOO brand. Previous opening hours were based on 9 - 5 with scope to expand with longer hours, for motivated owners.

Set in a strategic location, near Leeds University, chosen specifically for the large student population in the area. The business has had a substantial investment of upwards £140,000 in specialised equipment including pizza making machinery. The break even requirements are established at, £1000- £1200 . There is good market demand with historical performance at around 160 ticket orders, there is ample room for up selling through beverages and sides.

Market Opportunity & Revenue Diversification

There is an even split between university students and the broader community and catering services, creating a balanced revenue stream. There is untapped bulk ordering opportunities. Further University events and special occasions have made up prior bulk orders.

Expansion via delivery platforms and direct delivery via website and telephone orders. NOT TOO BE MISSED


Location


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