£295,000

Restaurant for sale

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Business
Leasehold

£295,000

Restaurant for sale

The Pavement, St. Ives, Huntingdon PE27

Local area information

Property location

Nearby amenities

  • Eastfield Infant and Nursery School 0.4 miles
  • Westfield Junior School 0.4 miles
  • Huntingdon 5 miles
  • St Neots 9.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Based in cambridgeshire

Asset sale only.
YE24 turnover of circa £421,000, with an adjusted ebitda of £48,000. Opportunity to acquire the assets, lease, and location of a beautifully appointed Italian restaurant, the business is no longer trading, but all fixtures, fittings, and
equipment are included. Set within a characterful Grade II listed building on a prestigious high street. The restaurant seats 50 covers indoors and a further 25–30 on a tranquil garden terrace. Business has recently been renovated to a very high standard. The premises include three distinct dining areas and a versatile kitchen, allowing for immediate trading with no further capital outlay required. Leasehold with six years remaining, options to extend. Rent £57,600 per annum. No further capital outlay required. Priced to sell at £175,000.

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  1. Zoopla
  2. Commercial for sale
  3. Cambridgeshire
  4. Huntingdon
  5. St. Ives
  6. The Pavement