Italian Restaurant, 74 Market St, Bacup, Rossendale

A Charming Family-Run Italian Restaurant For Sale in Bacup, Rossendale

Imagine owning a superb, family-friendly Italian restaurant with over 20 years of success, a sterling reputation, and an authentic Italian atmosphere. Marios is a much-loved gem, serving the Bacup community, offering a cozy yet lively dining experience. Whether you're continuing its legacy or envisioning something new, this versatile property holds endless possibilities, from continuing the restaurant's success to transforming it into apartments—subject to necessary planning permissions.

RESTAURANT
Marios has been a staple in Bacup's dining scene for more than two decades, known for its warm, welcoming vibe and genuine Italian cuisine. With the capacity to host between 65-70 guests, the restaurant currently generates an impressive annual revenue of around £250k, boasting a remarkable 74% profit margin. Everything you see is included in the sale—commercial kitchen equipment, tables, chairs, bar, and more, making it a seamless opportunity to step right in and keep the momentum going.

Strategically positioned on the bustling Market Street, the property enjoys excellent visibility and passing foot traffic, thanks to its proximity to a busy Morrisons & Aldi supermarket. This prime location makes it an ideal investment, whether you're looking to continue its culinary journey or pursue a new venture.

DESCRIPTION
The property itself is a charming stone-built end terrace with a slate roof and a single-storey annex. It's impeccably maintained both inside and out, with gas-fired central heating and UPVC double-glazed windows throughout, ensuring comfort and energy efficiency.

The restaurant is located on the ground floor, featuring a beautifully designed dining area, a welcoming reception, and a cozy bar that sets the stage for unforgettable meals. Upstairs, you'll find a spacious 3-bedroom apartment, perfect for on-site living or additional rental income. The property also includes a generous cellar with ample storage and staff facilities.

RENOVATIONS
A series of tasteful renovations have been completed over the past few years, ensuring everything is in excellent condition:

Toilet Renovation: 2016
Kitchen Renovation: 2016
Restaurant Renovation: 2017
Bar Renovation: 2018
The restaurant comes fully equipped with a state-of-the-art commercial kitchen, including a gas pizza oven, pot wash system, refrigerators, freezers, ovens, and all the tools you need to deliver an exceptional dining experience.

OVERVIEW
Spread across three floors, the property offers extensive space, each thoughtfully designed and fully functional for business operations and living.

CELLAR
Includes multiple storage rooms such as a bottle store, boiler room, and laundry area (1,103 sq. ft.). Also features staff changing rooms and WC.

GROUND FLOOR

ENTRANCE HALL
Restaurant Area (1,309 sq. ft.)
Bar Area (161 sq. ft.)
Kitchen (130 sq. ft.)
Food Prep Area (248 sq. ft.)

APARTMENT
A spacious 3-bedroom apartment located on the upper floor, perfect for personal living or additional rental income. It includes:
Bedroom 1: 118.24 sq. ft.
Bedroom 2: 195.26 sq. ft.
Bedroom 3: 184.76 sq. ft.
Kitchen: 45.33 sq. ft.
Lounge: A large, airy living room with lovely views over the front of the property.
Bathroom: A comfortable, well-appointed bathroom with a shower, hand basin, and WC.

SITE AREA & PARKING
The entire site spans approximately 2,000 sq. ft., offering ample space for your vision to come to life. While there is no dedicated parking, there is a verbal agreement in place with a nearby landowner for parking spaces, perfect for customers and staff.

SERVICES
The property is equipped with all mains services, including efficient gas-fired central heating, ensuring comfort for both diners and residents.

BUSINESS RATES
The property has a Rateable Value of £13,250, with Rates Payable approximately £5,000 per annum, as informed by the Local Rating Authority.

LEGAL COSTS & VAT
Each party will be responsible for their own legal costs. All prices are quoted exclusive of VAT, but VAT may apply at the prevailing rate.

VIEWING
To truly appreciate the charm and potential of this fantastic property, viewing is highly recommended. Book your appointment now through the Agents for an exclusive tour.

LOCATION
Bacup is a historic town nestled in the Rossendale Valley of Lancashire, England. Known for its rich industrial heritage, Bacup flourished during the 19th century as a bustling center for textile manufacturing. The town is characterized by its distinctive stone-built terraces, picturesque landscapes, and a strong sense of community. Today, Bacup retains much of its traditional charm, with landmarks like the Bacup Natural History Society Museum and the iconic 14th-century St. John's Church attracting visitors. Its vibrant local culture, including annual events like the Bacup Easter Saturday Folk Parade, highlights the town's enduring spirit and deep-rooted traditions.

The area surrounding Mario's is a vibrant mix of traditional Lancashire character and contemporary growth, making it an appealing destination for both locals and visitors alike. The town's close-knit community is complemented by the ongoing improvements in the area, such as the upcoming Aldi supermarket, which promises to bring a convenient and modern shopping experience to Bacup. With its easy access to key transport links, the addition of Aldi will further enhance the town's accessibility and appeal, providing both locals and passing trade with a wider range of amenities.

In addition to this, Bacup is undergoing revitalization with plans for an upgraded local market, which aims to offer an even more dynamic shopping experience for those looking to support local vendors and discover unique goods. The market will serve as a hub for community engagement and a showcase for the area's rich heritage. Bacup's picturesque surroundings, including stunning countryside views and charming architecture, make it a delightful place to visit, work, and live. The combination of these developments, along with the established presence of Mario's Ristorante, ensures that Bacup remains a welcoming and thriving destination, blending tradition with modern convenience. Whether you're dining at Mario's or exploring the growing retail landscape, the area offers an inviting atmosphere for all.

The area is perfect for those seeking a peaceful, semi-rural lifestyle with easy access to the amenities and transport links to Rawtenstall, Rochdale, Burnley, Blackburn, Accrington, Manchester and Leeds.