Property photos
Just added
Offers over
£130,000
Restaurant for sale
Oswald Road, Scunthorpe DN15Local area information
Property location
Nearby amenities
- Scunthorpe 0.2 miles
- Scunthorpe CofE Primary School 0.4 miles
- Frodingham Infant School 0.4 miles
- Althorpe 3.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Scunthorpe to find out more about the local area.
Features and description
- £100,000 anp
- Instagram-able décor
- Great location
- Fully managed
- Fully refurbished
- Very profitable
- Over 100 covers
- Perfect for owner operator
- Super opportunity
- Established over 30 years
Lavo, Scunthorpe
Offers Over £130,000 leasehold
Summary
Excellent opportunity for one of Lincolnshire’s finest Italian restaurants established for over 30 years
Fully refurbished in 2022, excellent reputation
Sales up to £25,000 per week
Fully staffed and managed
Very profitable
Internal details
Deceptively large restaurant and bar offering seating for over 100 covers with a maximum capacity of 200
Please see the floorplan for further details
External details
Parking for up to eight cars at the rear of the property
Location
Town centre restaurant in Scunthorpe, Lincolnshire
Tenure
Our client is selling the business and lease at ‘Offers Over £130,000’
10-year lease, eight years remaining, passing rent of £20,000 per annum
Trading information
Turnover circa £500,000 generating very healthy adjusted net profit of circa £100,000
Full accounts are available upon request
Further information
Lavo has a high quality dedicated website -
Over 5,000 followers on Facebook
Nearly 3,000 followers on Instagram -
Offers Over £130,000 leasehold
Summary
Excellent opportunity for one of Lincolnshire’s finest Italian restaurants established for over 30 years
Fully refurbished in 2022, excellent reputation
Sales up to £25,000 per week
Fully staffed and managed
Very profitable
Internal details
Deceptively large restaurant and bar offering seating for over 100 covers with a maximum capacity of 200
Please see the floorplan for further details
External details
Parking for up to eight cars at the rear of the property
Location
Town centre restaurant in Scunthorpe, Lincolnshire
Tenure
Our client is selling the business and lease at ‘Offers Over £130,000’
10-year lease, eight years remaining, passing rent of £20,000 per annum
Trading information
Turnover circa £500,000 generating very healthy adjusted net profit of circa £100,000
Full accounts are available upon request
Further information
Lavo has a high quality dedicated website -
Over 5,000 followers on Facebook
Nearly 3,000 followers on Instagram -
Floor plans and tours
Floor plans (2)
More information
Listed by
Nationwide Business Sales
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Nationwide Business Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Nationwide Business Sales for full details and further information.