Summary - Flat 1, 3 Market Square LA18 4HZ
1 bed 1 bath Restaurant
**Standout Features:**
- Established family-run restaurant, Da Vinci Ristorante, with a solid 18-year history.
- Capacity to seat 80 patrons, featuring a bar area, fully equipped kitchen, and accessible restrooms.
- Spacious cellar for ample storage.
- Excellent location in the bustling Millom Market Square, drawing both locals and tourists.
- Planning permission for conversion into 1x1 bedroom flat and 1x2 bedroom flat.
- Current low operating hours create opportunity for expansion.
**Potential Concerns:**
- Leasehold tenure with an annual ground rent of £150.
- Above average crime rates in the area.
- The property, constructed pre-1900, may require maintenance and renovation.
**Summary:**
Step into a thriving opportunity with Da Vinci Ristorante, a well-established Italian restaurant situated in the picturesque coastal town of Millom. This expansive venue, featuring a bar, fully-equipped kitchen, and a generous dining area, is ideal for those seeking to invest in a bustling community hub. Currently accommodating up to 80 guests with a charming ambiance, this restaurant boasts significant potential for growth by extending operating hours beyond its current Thursday to Sunday schedule.
Beyond its culinary charm, the property presents an enticing renovation opportunity with planning permission already granted for two residential flats on the upper floors — a rare find in the area! Located in a strategically vibrant part of Millom, the establishment benefits from a steady influx of both local and tourist trade. While the property’s age may require some TLC, the high ceilings and spacious layout evoke a sense of historic elegance intertwined with modern potential. Don't miss your chance to own this gem in the Lake District; opportunities like this don’t last long!
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