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Pizza Verdi, 6-7 Golden Square, Berwick-..., TD15

OIRO £30,000, 0 bedrooms, Commercial Property, Available
  • Main Picture
  • BUSINESS INFORMATION
  • PREMISES
  • LOCATION
  • STAFF
  • OPENING HOURS
  • TENURE
Property history
25 Jan 12Asking price reduced 40% to £30,000 18 Nov 11Added to site 552 days ago initial price £50,000
Nearest Station:

Berwick-upon-Tweed Rail (0.6 km)

Chathill Rail (33 km)

Alnmouth Rail (49 km)

Links from agents:
Agent’s wording:An excellent opportunity to purchase the only Italian restaurant in Berwick upon Tweed.

Established 4 years ago, Pizza Verdi has built a good reputation in the town for quality of menu and is popular with both locals and the many holiday visitors to the town.

Well located, this is a business that is ready to take over as premises have recently been refurbished to a good standard.

An opportunity MAY exist to buy this AND / OR another Italian restaurant in Alnwick.

BUSINESS INFORMATION
Pizza Verdi is the only Italian restaurant in Berwick upon Tweed.

Has quickly established itself for its quality and choice of menu providing a traditional range of pizza, pasta and other Italian dishes.

Popular with locals and tourists, the restaurant can cater for small parties of guests as well as couples / families with children. Open plan nature created a good atmosphere with open kitchen to rear.

The owner acts as head chef and is supported by 3 other members of staff.

Recently renovated to a high standard, this business is easily taken over without any need for change.

Licensed premises, opportunities exist to incorporate a take-away service.
NOTE : An opportunit MAY exist to purchase this AND / OR another Italian restaurant in Alnwick. Please contact Renown for more information.

PREMISES
Ground floor premises with a vaulted ceiling (with fan) and wood flooring, creating a clean and light front of house.

The eating area is approximately 8.95m x 5.76m in area and caters for up to 42 covers.

To the rear is an open kitchen which is well equipped as follows :

Electric pizza oven
Standalone electric ovens (x2)
Electric Fryer Dishwasher
2 'Williams' fridges
Pizza Mixer
Industrial microwave
Coffee machine
Refrigerated cake stand
Refrigerated drinks display stand
Freezers (x2)

A small area is set aside as a bar whilst to the opposite rear are male and female toilets which have recently been redecorated.

A small storage area containing the water heater is available in the open loft space in the part of the building that is above an access way to premises to rear.

The whole premises have been recently renovated presenting a light, airy feel at front of house. The simple, natural decor allows for easy conversion to another type of restaurant should a purchaser so choose.

LOCATION
Very well located on Golden Square, just off the main shopping street in Berwick (Marygate).

On the main route into Berwick town centre the restaurant is readily visible and easily accessible with parking close-by.

Berwick is the main coastal town on the England / Scotland border and is a popular destination for visitors in summer. There are 4 large caravan parks close to Berwick, whilst walking Berwick 'town-walls' is a favourite activity amongst tourists. The walls pass close by the restaurant.

STAFF
Currently the owner acts as head chef and is supported by 2 full time and 1 part time staff.

OPENING HOURS
Tues - Sat 12.00pm to 2.00pm / 5pm to 10.30pm
Sun 5pm to 10.30pm

Closed Monday.

The restaurant has a licence to stay open until midnight.

TENURE
Leasehold premises, the business is 4 years into an 11 year lease.

Rent is quoted at n++2,600 per quarter with a rent review quoted as being due in 2015.

Business rates quoted at n++401 per month

Renown has not had sight of the lease and potential purchasers should ensure they make their own enquiries to verify the details of the lease.

FINANCIAL INFORMATION
Accounts are available and can be released against the signing of a confidentiality agreement.

SUMMARY
A popular restaurant that can be easily taken over.

With no direct restaurant competition in Berwick, this is an excellent opportunity to take over a well run outlet which trades from clean, newly refurbished premises.

Marketed by:

CramlingtonBlagdon House Smithy Square CramlingtonNE23 6QL01670 730073

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House prices last updated 1st April 2013

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