28 July 2016 | Restaurants

Freehold investment opportunity offers a taste of Italy in Wigan

La Cava, a licensed Italian restaurant in Wigan, has come to the market through specialist business property adviser, Christie & Co.

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The two-storey, detached eatery includes a dining area with 80 covers on the ground floor and an additional 30 covers on the first. There are also two separate bars in the venue – one which is located on the ground floor along with a commercial kitchen, and the other on the first floor. Externally, there is ample parking to the rear.

Ashley Cobban, Business Agent at Christie & Co’s Manchester office who is handling the sale, comments, “La Cava has a large client base with customers ranging from locals to external catering clients. The venue caters for weddings, anniversaries, birthdays and other functions, and there is a lot of potential to enhance this side of the business.

“The property presents a fantastic freehold investment opportunity for a new owner to take over the already established and continuing set-up. There is currently a long-term tenant in occupation and this will not only offer a favourable rental income, but will also benefit from capital growth.”

Christie & Co is seeking an asking price of £375,000 for the freehold.