Fully Fitted Restaurant And Wine Bar Banbury For Sale

Property Information

Property:

Leasehold

Lease Terms:

Secure commercial lease with affordable rent. Full terms, remaining years, and options for renewal can be discussed upon request

Leasehold Rent:

£32,000 per annum

Location:

Prime High Street location in the heart of Banbury, benefiting from heavy foot traffic and excellent visibility

Premises Details:

Substantial 275m² modern premises, completely renovated to high standards. Includes a 70-cover main dining room, sleek bar area, fully equipped commercial kitchen, walk-in cold room, and dedicated storage spaces

Size in square feet:

2,960

Planning Consent:

Full restaurant and alcohol license in place

Energy Performance Rating:

C

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

Massive immediate growth potential as the property is undergoing a major residential extension directly above, adding 40-50 brand-new flats providing an instant customer base

Competition / Market:

Established position in the area with a unique Italian concept. The high-end fit-out sets it apart from nearby casual eateries

Reasons for selling:

Owners are selling due to lack of working capital to run marketing, and wishing to focus on other business commitments

Trading hours:

Fully licensed until midnight

Employees:

3

Years established:

16 Months

Other Information

Support & training:

Full handover support and operational training can be provided to the new owner to ensure a smooth transition

Furniture / Fixtures value:

£100,000

Inventory / Stock value:

£3,000

Business closed / Asset sale:

Yes