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PRICE REDUCTION! Marcello Restaurant - Topsham

PRICE REDUCTION! Marcello Restaurant - Topsham - 13th January 2017

TRADITIONAL LICENSED ITALIAN RESTAURANT IN AFFLUENT ESTUARY TOWN

Marcello Restaurant is situated in a prime trading position in the centre of the highly desirable and affluent Estuary town of Topsham. Topsham is an attractive Devon town on the Exe Estuary and although close to Exeter, it maintains a distinct identity. Topsham is home to a population of approximately 5,000 residents and attracts visitors from Exeter and the surrounding towns and villages with its excellent range of amenities and businesses in the town. A popular sailing venue, the town boasts excellent transport communications with a rail link to Exeter and Exmouth and easy access to the M5 motorway at Junction 30.

The restaurant is a character Grade 2 Listed building set within Topsham Conservation Area. Currently trading as a traditional licensed Italian restaurant and pizzeria, these prominent premises offer potential for incoming operators to develop a style of trade to suit their own requirements. Marcello Restaurant provides an excellent operating environment and the premises are furnished to a high standard throughout. This high quality business comprises of ground and first floor restaurant areas comfortably seating 48 covers; commercial catering kitchen and associated ancillary and backup facilities.

Having been owned by our clients for over 7 years, the business is now offered for sale due to other business commitments. The restaurant currently trades only 5 evenings per week, our clients advise that there is potential to increase the current trade levels with undoubted opportunities for further advertising and marketing. There are also opportunities to extend the opening hours in particular by developing a lunch time trade. Our clients have built up an excellent reputation based on serving an extensive selection of Italian cuisine at reasonable prices. The business enjoys good levels of regular repeat trade and has an excellent local following, not only from Topsham but also from the surrounding towns and villages. The business has its own website www.marcellorestaurant.co.uk and is run completely by staff with no involvement from our clients.

Given the busy main street trading position, we believe that Marcello’s represents an excellent opportunity to purchase a quality licensed restaurant in a sought after location. Our clients are prepared to offer full hand over training to interested parties should they so require.

The business is for sale on a leasehold basis, which has just been reduced to £64,950. Full property details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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I am very grateful for all your efforts and patience in selling my business. Many thanks again.

Anne Olivant - Previous owner of Olivants, Exmouth