Summary - CAVERSHAM BAPTIST FREE CHURCH, PROSPECT STREET RG4 8JB
1 bed 1 bath Restaurant
**Standout Features:**
- Long-established, family-run Italian restaurant
- Prominent village location in North Reading
- Accommodates up to 50 covers, currently set for 40
- Fully licensed with all equipment included in the sale
- High-quality kitchen with pizza oven and commercial catering equipment
- Basement with development potential for added space
- Turnover of £231,092 in 2024, with a 12% year-on-year increase
- Favourable lease at £24,000 per annum
- Genuine retirement sale
This charming Italian restaurant in North Reading offers a rare opportunity for investors or aspiring restaurateurs. With over 21 years of successful trading, this fully licensed establishment features authentic Italian décor that creates a warm Mediterranean atmosphere, perfect for casual dining or special occasions. Currently accommodating 40 diners, there is flexibility to reconfigure the space for larger events. The kitchen is excellently equipped for an array of culinary delights, including a pizza oven and well-maintained commercial equipment, ensuring a seamless operation.
There is significant growth potential, with the business currently operating evenings only and strong local patronage reflected in its impressive 4.6 average reviews. The property includes a basement that is perfect for additional storage or potential development, providing you an opportunity to increase the value further. Priced attractively at £99,000 (plus stock), this opportunity is not to be missed. Act quickly to secure this esteemed restaurant in a desirable area before it’s gone!
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