FLINTSHIRE - ESTABLISHED ITALIAN RESTAURANT IN TOWN CENTRE LOCATION

Mold, Flintshire

Ref: 93611

Freehold £190,000

Key Features

  • Authentic Italian restaurant
  • Town centre location
  • Trade area (30)
  • Fully-equipped kitchen
  • Family run for 38 years
  • May suit change of use (STPP)
  • Precis

    Authentic Italian restaurant in town centre position which has been family run for nearly 40 years.

    Location

    Belvedere Italian Restaurant sits on Wrexham Street in the Flintshire town of Mold. The town is located to the east of the Clwydian Range & Dee Valley AONB and is within easy reach of the North Wales coast. Mold has a population of approximately 10,000 and lies 13 miles east of Chester and 12 miles north of Wrexham. It has a number of notable tourist attractions including Loggerheads Country Park, Bailey Hill, Mold Castle and Moel Famau.

    The town lies just off the A494 which links to Deeside and the A55 North Wales Expressway northbound and to Ruthin and Snowdonia southbound. The closest train stations are at Buckley (with services to Wrexham and Bidston) and Flint (with services to Cardiff, London and Manchester).

    The property is a two-storey, mid-terrace building of brick construction under a pitched tile roof.

    Property

    TRADE AREAS
    Entrance vestibule leading to ground floor RESTAURANT, featuring authentic Italian décor with multiple murals, photos and memorabilia. The room has tile flooring, wood panelled walls and loose seating for 30. There is a two section BAR SERVERY with back bar and shelving and a SPIRIT ROOM.

    To the rear of the trade area is the CATERING KITCHEN which is fully equipped and features tile flooring, multiple WASH and PREP AREAS, a good selection of catering equipment and appliances and a separate PANTRY. STAFF WC.

    FIRST FLOOR:
    LADIES’ and GENTLEMEN’S WC.

    OWNERS' ACCOMMODATION
    Located at first floor and comprising:
    DOUBLE BEDROOM and BATHROOM.

    EXTERNAL
    Small YARD to the rear of the building.

    The Business

    Belvedere Italian Restaurant is a much-loved and established business in Mold town centre which offers traditional Italian cuisine in an authentic and comfortable setting. The Belvedere has been established in Mold since 1987 and was the first Italian restaurant to open in the town. Our clients now wish to sell in order to retire.

    Net sales are in the region of £40,000 per annum and full accounts can be made available to serious parties following a formal viewing. Our clients operate the restaurant as a lifestyle business, trading three days a week and nine months per year, hence there is the potential to increase sales by extending opening hours. More extensive marketing, taking advantage of the business’s prominent town centre position, might also prove beneficial. Alternatively, the property may suit change of use, subject to the relevant planning permissions.

    Tenure

    FREEHOLD £190,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A Premises Licence is held.

    Current opening hours:
    Thursday to Saturday: 17:00 – 20:00.

    Services

    All mains services are connected.

    Rateable Value: £4,600. The business is subject to Small Business Rate Relief.

    Local Authority: Flintshire County Council.

    Enquire about this listing

    Dean McVay
    North West