Restaurant For Sale
LOCATION:
BTC is pleased to present this restaurant business located in a prime area of Berkshire, known for its lively atmosphere and high foot traffic. The location offers great accessibility and is surrounded by a well-established residential community. The area is known for its upscale homes, businesses, and proximity to major transport links, making it an ideal location for attracting both local residents and commuters.
The premises is just a 0.3 miles away from the nearest Railway Station that provides direct access to London, which is a significant advantage for attracting customers. Additionally, the nearest bus stop is only 0.8 miles away, ensuring easy access to public transport. The area is also home to a wide range of shops, services, and restaurants, creating a steady flow of potential customers. With the presence of major retailers and local businesses, this location is well-positioned to support and encourage business growth.
Reason for selling: Other commitments and the need to relocate.
OVERVIEW:
Opportunity to acquire a well-established restaurant that has been successfully operated by the current owner for the past 2 years. The restaurant is a popular spot for local social gatherings and small meetups, with a loyal customer base and an excellent reputation in the community. It has received outstanding online reviews on Google.
The restaurant has a seating capacity of 70 covers and is fully equipped with all the necessary appliances to ensure smooth operations. The premises feature modern d?cor, stylish furnishings, and a welcoming atmosphere. The new owner can take over immediately, as the business is fully set up and requires no further investment to begin operating.
SIZE: Approximately 1750 - 2000 Sq ft
POTENTIAL:
The business offers significant growth potential. Currently, the restaurant specializes in Mediterranean cuisine, but there is an opportunity for the new owner to diversify the menu by introducing other types of cuisine. Expanding the menu could help attract a wider customer base and further increase business.
Another major growth opportunity is the lack of presence on delivery platforms. The restaurant does not currently accept online orders, The new owner could implement online ordering and partner with delivery services, which could significantly boost sales. Additionally, launching an in-house delivery service could further enhance the business and attract more customers.
TURNOVER: Approx. £10,000 per week
RENT: £32,000 per annum
RATES: £11,851.25 per annum
TENURE: Leasehold - 14 years lease left and renewable
LICENSE: Alcohol license.
The business is marketed for £195,000 plus SAV, which includes all the fixtures and fittings.
For further details or to arrange a viewing, please contact the BTC Commercial & Investment team on 0208 889 7474 or via email at commercial@btcint.com.
Tenure: Please confirm with BTC Group Limited Commercial whether this property is freehold or leasehold
No EPC available for this property
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Risks
| Flooded in last 5 years | Ask Agent |
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