Villa Positano, located in Bowness, has offers invited in the region of £795,000.
Haydn Spedding, from Colliers’ Hotels Agency team, said: “Villa Positano represents a fantastic opportunity to take on a thriving lifestyle business in one of the UK’s most desirable tourism hotspots.
“The current owners have created something really special here, a restaurant with warmth, character, and loyal clientele, and there’s still huge scope for expansion, particularly through increased opening hours and digital presence.”
Mr Spedding is handling the sale of the freehold property, which is tucked away off Ash Street in the centre of Bowness, a short walk from Lake Windermere and the World of Beatrix Potter.
The restaurant draws customers from across the UK and abroad.
Originally built as changing rooms for the school, the building has been extensively renovated and extended by current owners Arcangelo and Claire Cutolo, who acquired the business in 1993.
The property now includes a fully equipped catering kitchen, a rear yard with a walk-in fridge and storage facilities, and a two-bedroom self-contained apartment.
The restaurant is accessed via a ginnel and opens into a space spread over two levels.
Dining areas are designed to reflect a Mediterranean atmosphere, featuring tiled flooring, natural light, and a separate serving bar.
Back-of-house areas include a utility room, additional storage, and a walk-in fridge.
Operating five evenings per week, the business reported a turnover of £426,022 and trading profits of £107,794.
Mr Spedding said there is “huge scope for expansion,” including longer opening hours and improving its digital presence.
The property is being marketed by Colliers’ specialist Hotels team.
Dining and Cooking