Fully fitted, turn-key 275m² Italian restaurant and wine bar in a prime High Street location, Banbury. Accommodates 70 covers with an elegant indoor design, including custom vertical garden walls, premium leather booths, and an extensive wine rack display. Features a comprehensive, top-tier stainless steel commercial kitchen equipped with a walk-in cold room, commercial dishwasher, and multiple refrigeration units. Fully licensed for alcohol until midnight. Affordable rent at £3,200/month (inc. VAT). Massive growth potential as the property is undergoing extension for 40-50 new residential units directly above.
- Asking Price:
- £150,000 Furniture / Fixtures and Inventory / Stock included
- Turnover:
- On request
- Net Profit:
- On request
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:
- 17 Months
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
The business currently operates on a highly successful hybrid model. We have active operational partnerships in place, including working alongside Growth Kitchen and hosting/operating the popular "The Athenian" brand for the local Banbury market. This established delivery setup offers immediate, multiple revenue streams from day one, with massive potential for the new owner to scale or introduce additional virtual brands using the existing high-capacity commercial kitchen infrastructure.
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 - included in the asking price
- Inventory / Stock value:
- £3,000 - included in the asking price
