Property

Very Well Established Restaurant

South East - Oxfordshire

Full Description:

Confidential Sale

Unique Business Broker is pleased to be working with the owner of this fantastically well-established Restaurant on the sale of the business.

The property is situated on the ground floor with a 2-bedroom apartment above which includes a sizeable store room, shower room, balcony & kitchenette on 1st floor, and two bedrooms on 2nd floor all included in the rent allowing maybe a chef or staff to rent as required. We understand that the the business is currently on a 7-year lease and has a break at the 5-year point and paying £2750 P/M with no business rates.

There are circa 28 - 30 covers set out inside and there is a small garden area at the rear which allows for outside service when the weather permits.

The presently operate with 3 full time staff plus the owner and 2/3 part time staff during busy periods. 

The business is open for 5 days a week ans roughly 9 hours a day at present.

Opening hours are currently open 5 days per week with obvious potential to increase hours.

The business is being sold with all equipment; coffee machine, wine fridge, drinks fridge, ice maker, 1 x 3 door commercial fridge and 1 x 2 door commercial fridge, 2 x freezer, standing double freezer, standing double fridge & single fridge, flat top grill, display unit for pasties, 3 beer taps, new boiler installed 2021, pizza oven, double fryer, induction hob, plus a lot of other equipment needed for an operational restaurant 

The premisies is EHO compliant with all processes in place to achieve a 5* 

The property has also had a modern refurb within last 3 years, new wood-effect restaurant flooring, skirting, repainted walls throughout, new commercial kitchen flooring throughout restaurant & stair ways. All crockery, cutlery & drinksware has been replaced.

This great little business is really one of a kind and early viewing is highly recommended. Please call or email for further details or to arrange a meeting with the owner.

 

Key Features:

  • Established Business
  • Prime Location
  • Adjacent to Multiple Retailers
  • Fully Fitted
  • Accounts Available
  • Offers Invited

Tenure, Rent and Rates:

  • Tenure: Leasehold
  • Rent: £33,000
  • Rates: Small Business Relief

Key Financials:

  • Asking Price: £79,950
  • Annual Turnover: £250,000
  • Annual Net Profit: £30,000
Reference: UNI926
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