Fitted Traditional Quality Pizzeria Takeaway in City of London

BUSINESS OVERVIEW:

New Broad Street is delighted to present Quadrato by Tondo Pizza, a high quality traditional Italian pizzeria located in the City of London, just moments from Bank and Fenchurch Street stations.

Established 6 months ago, Quadrato has gained a loyal customer following among City professionals, as well as attracting passing trade in this busy City based area. The takeaway (with some seating) specialises in authentic Neapolitan pizza, utilising fresh Italian ingredients and allowing dough to rest for 48 to 72 hours for the perfect texture and flavours.

50% off the rent for 16 months from Nov ’24

Fantastic online reviews

Due to the owner’s relocation to Italy for family reasons, the business is now available for new ownership. Additionally, there is an opportunity to acquire a second premises in Wapping, operating as the main restaurant site for Tondo Pizza.

Both sites available for purchase together and individually.

LOCATION:

The business is located in the heart of the City with a variety of transport routes; 5 minutes walk from Bank and Fenchurch Street, with 15-minute walk to London Bridge mainline station. Number of regular bus routes for direct access across the City.

PREMISES:
Licensed Hours: 6am – 11pm
Size: 900 sq ft
Capacity: Take Away business with 2 tables and 8 seats
Premises Licence: No
Electric 3 phase
Air conditioning unit: 10000btu portable system
Current ventilation system: 2 hoods Type 1.

Inventory:

· Professional Baking Oven 3 chambers
· Dough machine 40L
· Meat slicer
· Catering fridge
· Display fridge
· Catering undercounted fridge
· Coldroom
· AC unit
· 2 tables with 4 chairs
· 4 stools
· Minifreezer
· Commercial Kitchen with stainless steel tables and sinks
· Kitchen equipment
· 15 Professional baking trays with rack

TENURE:

Lease remaining: 4 years and half (end on may 2029)
Current rent: £34000+VAT p/a
Business rates: £4,000 p/a
Rent review: No rent review

LANDLORD REQUIREMENTS:

Guarantor Required
Deposit: 5 months

Financials available upon request – no full accounts as only been trading for 6 months.

For more information, please contact Charlotte Arden at New Broad Street Business Sales.