Award-Winning Authentic Spanish Restaurant in Buckinghamshire

High Wycombe, Buckinghamshire
REF: R07147

Asking Price:
£225,000
Annual Turnover:
£267,075
Annual Net Profit:
TBC
Featured
REF: R07147

Overview

Tenure:
Leasehold
Established:
2000
  • Authentic Spanish food
  • Massive potential for growth
  • Quaint village location
  • Great reputation amongst the locals and good online reviews
  • Lots of repeat trade
  • Five-bedroom apartment for staff accommodation
  • Excellent financials

This is a delectable opportunity for a buyer looking to acquire a fully authentic, beautifully presented Spanish tapas restaurant in an equally beautiful, picturesque village in Buckinghamshire.

Established in 2000, the eatery is renowned for its unique Spanish tapas and al la carte menu, extremely varied and of a high-quality. A new buyer will also benefit from well-presented, newly refurbished premises as of 2018, costing approximately £75,000.

The restaurant is situated in a much sought-after location which is only up for sale due to the current owner’s ill health and retirement.

Located in Flackwell Heath, the restaurant offers a clean, contemporary and warm environment for guests to relax and enjoy a Mediterranean experience.

The business operates from large premises; through the ground floor entrance, customers are immediately greeted to a waiting area and a bar with coffee facilities. There are two sitting rooms with 30 and 55 covers, respectively. Further along the premises, there are preparation rooms placed adjacent to the fully fitted kitchen which has been recently refurbished with modern appliances. Above, the first floor consists of a five-bedroom apartment for staff accommodation with a kitchen and bathroom. The accommodation has a separate entrance.

The business has built up an admirable reputation amongst the local community and is perfectly situated for future growth. The business has a well-designed website which presents an excellent job of selling the restaurant through a selection of mouth-watering pictures. The strong online presence continues into a Facebook, TripAdvisor and Yell page where the business has garnered a number of solid reviews which help to promote the business.

To grow further, a new owner may also choose to expand marketing online or with leaflet drops also. There’s definitely the option of moving into external catering, offering a delivery service and extending the current opening hours to help develop and grow the client base.

Loading...
  • Village location
  • Heavy footfall
  • No competition
  • Links to public transport
  • Close to local businesses
Rent
£58,000
Rates
£10,000
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£