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Traditional Italian Pizzeria And Bar In Derbyshire For Sale

Derbyshire
Asking Price:
£99,950
Sales Revenue:
£240,000
Cash Flow:
Available on request

Business
Hilton Smythe are pleased to welcome to the market Nonno’s Pizzeria Ltd. The business has been operated by the current vendor for almost a year and has established itself as a must go to venue within the Belper area with trade continuing on a profitable upwards trajectory.

The pizzeria serves a delicious range of traditionally prepared wood fired pizzas, as well as traditional Italian fayre and due to family commitments, this golden opportunity has now become available.

The site is in an excellent location within the town centre on the main circuit and has to be seen to be appreciated. The restaurant can seat upwards of 80 covers in the main serving area; however, the site has the benefit of a large bar section to the front, giving the venue an edge which lends itself well to accommodating large groups, for all kinds of celebrations and is certainly an area of the business a new operator could build on.

This is a rare and exciting opportunity for either a private individual or a multi-site operator to acquire a new business which is rapidly growing with the benefit of a recently completely refurbished venue with a very attractive rent.

The venue has the benefit of a late licence so can accommodate a strong early doors trade through to a busy bar trade towards the evening creating an enviable income stream that is not to be missed.

Location
Nonno’s Pizzeria Ltd is situated at the heart of Belper in Derbyshire.

Belper is located about 7 miles north of Derby on the River Derwent and enjoys the benefit of excellent road network links. The site is easily accessible on foot and by all other modes of transport including a regular bus service, with ample free and pay and display parking within the town centre.

Belper is a thriving market town and a very sought after location close to the Derbyshire Peak Districts, the town is very popular with both tourists and locals alike.

Premises
Completely refurbished site which has received a large in-going investment.

Picturesque town centre location, clearly visible to passing trade.

Equipment includes:
Duel fuel pizza oven operating both gas and wood fired fuel

All stainless work preparation units

2 x 6 burner gas ovens with stainless extractor over

Polar refrigeration units

All fridges and freezers

Shelving

Kitchen storage units and racking

Main bar area with:
Cold drinks fridges

Coffee machine

Tables and chairs throughout the bar and main restaurant area.

Disabled ramp to the front and WC off the bar area. Completely refurbished separate WC’s to the basement with bilge pump mechanisms.

The development is still fresh and the current operators have invested in new equipment throughout the site.

The business is being made available for the new operator to be able to continue trading in its current format.

Tenure
We are advised the business is being sold as a Leasehold opportunity.

9 years remain on the lease as of 2018.

The current rent passing at £20,000 per annum.

Hours
The kitchen opening hours are currently:
Monday to Thursday: 6pm to 9pm

Friday and Saturday: 5pm to 9.30pm

The bar has the benefit of a late licence till 1am.

The pizzeria is closed on a Sunday.

Staff
The business is run and managed by the current vendor with the assistance of 5 full time staff.

Financial Profile
We are advised the business turnover is in the region of £240,000 per annum, on an upwards trajectory.

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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