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Terrazza Restaurant 10 Lichfield St 3,000 sq ft Retail Property Rugeley WS15 2EH £745,000 (£248.33/sq ft)
INVESTMENT HIGHLIGHTS
- Established Since 1997
- Seating for 114 Customers
- Projected Turnover December 2022 £520,000
EXECUTIVE SUMMARY
La Terrazza Ristorante Italiano was established by our client in the historic area of Rugeley in 1997. La Terrazza Ristorante Italiano is a traditional Italian restaurant with excellent reputation and online reviews. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. La Terrazza Ristorante Italiano has a comprehensive website in place and a strong social media following.
Established Italian Restaurant - Rugeley
• Prime Location & 3 Bedroom Accommodation
• Accounts Available To March 2022
• Turnover £381,232 / Gross Profit £100,186
• Established 1997 - Excellent Online Reviews
• Seating for 114 – Fully Equipped
• Option To Lease Without Accommodation
• Increased Development in Housing Due 2023
• Potential For Extended Opening Days & Hours
Established Italian Restaurant - Rugeley
• Prime Location & 3 Bedroom Accommodation
• Accounts Available To March 2022
• Turnover £381,232 / Gross Profit £100,186
• Established 1997 - Excellent Online Reviews
• Seating for 114 – Fully Equipped
• Option To Lease Without Accommodation
• Increased Development in Housing Due 2023
• Potential For Extended Opening Days & Hours
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Restaurant
Property Size
3,000 sq ft
Costar Property Class
B
Year Built
1932
Price
£745,000
Price per sq ft
£248.33
Tenancy
Single
Number of Floors
2
Plot ratio
0.47
Total Plot Size
0.15 ac
Frontage
36 ft on Lichfield Street
AMENITIES
- 24 Hour Access
- Restaurant
- Security System
- Signage
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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Terrazza Restaurant | 10 Lichfield St
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