Long-established restaurant sold

Long-established restaurant sold

Portofino a lock-up restaurant offering a continental cuisine in the heart of Folkestone, has been sold through specialist business property adviser, Sidney Phillips.

Portofino occupies a central location along the busy Sandgate Road. The road houses a number of national and independent businesses and enjoys a strong level of footfall between the coastal hotels and the town centre and the property measures in the region of 1,438 square foot (GIA).

The premises benefits from an open plan 48 cover restaurant, with extensive kitchen areas behind.

Robert Cockayne, Regional Valuations Manager for the London & South East handled the sale and comments, “Portofino has been part of Folkestone’s dining scene for the past 12 years, and we are glad to have helped keep the flame alive, with the new owner taking on the existing lease for continued restaurant use.”

Sidney Phillips sold the leasehold interest off an asking price of £40,000.

For further information about restaurants for sale or how to buy a business, please contact Sidney Phillips on 01892 725900 or please Click Here.

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