Extremely highly rated Mediterranean restaurant for sale

Business
Please quote reference B07547

CoGoGo are delighted to welcome to the market Vista Cielo, a highly rated restaurant in Clitheroe, Lancashire.

The business was first established by our client in 2020, building up an excellent reputation and regular customers. As seen by the many fantastic online reviews and ratings, the business is extremely popular within the local community.

Vista Cielo has now come to the open market due to our clients desire to spend more time with family. 

Vista Cielo is a cozy, intimate space with warm, earthy tones and soft lighting. The menu features a wide variety of dishes from the countries surrounding the Mediterranean Sea, including Italy, Spain, Greece, Turkey, and Morocco.

The full bar has beers on draft, bottles, ales, wines, spirits & cocktails, with a eat in or take out menu available. The restaurant has recently invested over £120,000 into a complete refurbishment. 

Key selling point –

• Recently refurbished – over £120,000 invested
• 1 of the largest restaurants in the area
• ‘Turn-key’ restaurant opportunity
• Further growth opportunity
• Handover period offered
• High end equipment throughout

Scope for further growth –

• Further advertising
• Social media
• Extend hours to include lunchtime opening
• Breakfast menu
• Pre-theatre menu
• Increase the number of private parties/group bookings

A full breakdown on all the equipment included in the sale can be made available upon further request. 

Location
Vista Cielo is located on York Street, in centre of Clitheroe, Lancashire.

The business is within walking distance of the mainline train station and is located next to The Grand Theatre. 

Premises
Ground floor –

• Main dining area
• Bar
• Commercial kitchen
• Storeroom
• Toilets

First floor –

• 2nd Dining area
• Storeroom
• Toilets
• Kitchen and prep room

Tenure
We are advised that the business is being sold on a leasehold basis, currently on a 5 year lease. The rent is £34,000 per annum. 

Hours
The current business hours are –

Monday – Closed

Tuesday to Thursday – 5pm – 10pm

Friday – 5pm – 11pm

Saturday – 1pm – 11pm

Sunday – 1pm – 10pm

Staff
We are advised that the business has 12 members of staff. 

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £325,000. Further financials can be made available upon request.