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3 bed property, in Italian Restaurant, £375,000
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3 bed flat

Italian Restaurant, Market Street, Bacup, Rossendale OL13
Planning
£375,000

Our Summary

  • COULD BE CONVERTED INTO APARTMENTS, SUBJECT TO THE RELEVANT PLANNING PERMISSIONS
  • Whether you're continuing its legacy or envisioning something new, this versatile property holds endless possibilities, from continuing the restaurant's success to transforming it into apartments subject to necessary planning permissions
  • VIEWINGTo truly appreciate the charm and potential of this fantastic property, viewing is highly recommended

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Description

Imagine owning a charming family-run Italian restaurant, Marios, in the heart of Bacup, Rossendale, with over 20 years of success and a sterling reputation. This cozy yet lively dining experience has been a staple in the community, serving authentic Italian cuisine and generating an impressive annual revenue of around £250,000 with a remarkable 74% profit margin. The property includes a beautifully designed dining area, a welcoming reception, and a cozy bar, as well as a spacious 3-bedroom apartment perfect for on-site living or additional rental income.

The restaurant is fully equipped with a state-of-the-art commercial kitchen, and the property has undergone tasteful renovations in recent years. With a prime location on bustling Market Street, the property enjoys excellent visibility and passing foot traffic, making it an ideal investment opportunity. Whether you're looking to continue its culinary journey or pursue a new venture, this versatile property holds endless possibilities, from continuing the restaurant's success to transforming it into apartments subject to necessary planning permissions.