Restaurant

Established by our client in 1985, it operates as a traditional Italian restaurant. La Conca D'Oro has a vast and loyal client base and enjoys an enviable reputation. Annual turnover is currently £231,645, producing adjusted net profits in excess of £68,000. Our clients choose to close for 1 month in August, at Christmas, Easter, and on Sundays and Bank Holidays. This gives new owners vast potential to increase trade through extended opening hours. Our clients benefit from 1/6th ownership of the rest of the property which is 16 flats and 6 other shops, from which an income will be derived as and when the leases come up for renewal. La Conca D'Oro is a wonderful opportunity to acquire a well established and highly profitable business and we would urge an early viewing.

La Conca D'Oro occupies a prominent and highly visible location in Glynwood Avenue. Glnywood Avenue is situated in the heart of Maidenhead and is surrounded by shops, offices and residential properties. Maidenhead is in the royal county of Berkshire and has a population of approximately 59,000. Transport links are excellent being just off Junctions 8 & 9 of the M4 motorway giving easy access to the M25 motorway and London. A mainline railway station links Maidenhead to London and Bristol. The town is expanding rapidly with new developments of offices, retail space and houses, all of which are close to La Conca D'Oro.

FINANCIAL DETAILS
W/T: £4,457.71 approx.
GP: 60% approx.

OPENING HOURS
Mon - Fri: 12.00pm - 3.00pm & 6.30pm - 11.00pm
Sat: 6.30pm - 11.30pm
Sun: Closed

ACCOMMODATION DETAILS
A ground floor lock-up restaurant with a seating capacity of 56-60 with an attractive frontage benefiting from outside seating area

GROUND FLOOR
Restaurant with seating for 56-60, characterful decoration including wooden beamed ceiling, half panelled walls and Italian murals to one wall
Curved brick wall leading to bar area, wine rack to front, sink, 2-cup espresso machine, ice machine and wine fridge
Ladies and gents toilets.
Well fitted commercial kitchen including oven, hob, dishwasher, 7-pot Bain Marie with hot cupboard under and a double-door stainless steel refrigerator.

EXTERNAL
Seating area to front with tables and chairs for 9, can be extended.
To rear - double garage housing 10 refrigerators, 7 freezers, double-door commercial stainless steel refrigerator, wine display refrigerator, racking and shelving for dry goods and dough mixer.

TENURE
Advised freehold