Uckfield Italian Restaurant – Lease and Business for Sale

28th November 2018

Oldfield Smith and Co have available to let an Italian restaurant located within the Market Hall in Uckfield.

The premises are of an octagonal shape and comprise restaurant with fitted bar and serving area plus a well fitted kitchen, 2 separate cloakrooms and external decked area.

Forno Antico, Uckfield – available through Oldfield Smith

There is an entrance lobby leading to restaurant having an overall area of 89.4  sq m (962 sq ft) including lobby and bar area.  Currently arrange for 44 covers but considered capable of many more. The kitchen has an overall area of 26.2 sq m (278 sq ft).  It is well fitted with range of stainless steel equipment.  A door leads to lobby with further doors to 2 separate cloakrooms one of which has been adapted for disable persons plus a store cupboard.

There is an enclosed outside decked area which has room for tables and chairs

The premises trades as an independent Italian restaurant serving lunch and dinner 7 days a week. It is run by the owner with a series of part time assistants working between 4 and 20 hours per week.

Accounts show Turnover exceeding £100,000pa (2018) with good gross and net profits.

The premises are held under a lease for a term of 15 years from 2015 with rent reviews every 5th year. There are tenant break options at 6th and 11th anniversary by service of 6 months prior notice.

Offers sought in the region of £60,000 for the lease business and goodwill to include an agreed list of fixtures and fittings.

For more information please click the link here or for an appointment to view please call 01825 762222.