£79,000

Norwich Road, Hoveton, Norwich

  • Availability: For Sale
A fantastic opportunity to acquire a thriving and well esteemed restaurant in the heart of Hoveton! With a long lease of 15 years remaining, the business features a gorgeous restaurant area, 92sgft ba...
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Key Features

  • Long lease available with 15 years remaining
  • Sought after Hoverton location
  • Highly esteemed reputation
  • Fantastic footfall opportunity
  • Beautifully decorated throughout
  • 92sqft Basement with staff rooms on the first floor
  • Restaurant caters for 15 covers


Full property description


A fantastic opportunity to acquire a thriving and well esteemed restaurant in the heart of Hoveton! With a long lease of 15 years remaining, the business features a gorgeous restaurant area, 92sgft basement and staff rooms to first floor!

Summary
Welcome to an exceptional opportunity brought to you by Paul Hubbard - the chance to acquire a thriving business strategically situated in the heart of the idyllic Hoveton. Little Italia stands as a beacon of success, having meticulously built a respected reputation within the community. This establishment caters to a diverse clientele, offering the option for patrons to savor their delectable offerings on-site or conveniently place orders through their dedicated website. Moreover, the business has adapted to the modern age by establishing a presence on popular food delivery platforms such as Just Eat, Uber Eats, and Foodhub.

Positioned amidst a tapestry of high footfall and passing trade, Little Italia boasts not only low overheads but also a magnetic allure enhanced by its eye-catching signage. The property itself has been transformed with a keen aesthetic eye, showcasing an inviting industrial decor that contributes to the overall dining experience. The spacious interior includes a generously-sized counter and enough room to comfortably accommodate over 15 covers.

Practicality is a hallmark of this establishment, evident in the thoughtful layout of the property. Customers are provided with convenience through a ground-level WC, ensuring a pleasant experience. The operational side is seamlessly managed by an industrial kitchen, while the first floor houses spacious staff quarters, contributing to the efficiency and functionality of the business.

This promising venture comes with a rare offering - a long lease remaining with a total of 15 years, and an attractive asking price of £79,000. The annual payment of £11,500 only adds to the appeal, making this an enticing prospect for savvy investors seeking a profitable enterprise.

As the current owner explores new horizons, the potential for Little Italia is boundless, especially with the possibility of an owner-run approach. Presently, the owner is not actively involved in the day-to-day operations, presenting an ideal opportunity for an ambitious entrepreneur to step in and infuse their passion and vision into this already thriving establishment.

Seize this chance to make Little Italia your own and contribute to its continued legacy of success in the heart of Hoveton. The canvas is set, and the stage is yours to further elevate this culinary gem.



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