Restaurants for sale in Oxfordshire

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170 Cover Restaurant & Bar.

Oxfordshire, England

  • Leasehold Price: £360,000  Price Reduced arrow_drop_down
Seller Reference: PAX0127273145
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Business Description
 
 
 
 
 
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Seller Reference: PAX0127273145
Request Details
Business Description
The First Floor Restaurant benefits from a superb glazed frontage giving prominence to the street. The ground floor foyer provides direct lift ac- cess to first floor. Internally the premises are fitted out as a buffet style restaurant with a 170 plus covers. The restaurant could easily be adapted to a range of styles and offers great potential for a new operator. The price is only a guide and we are inviting best offers.
The premises is suitable for many other cuisine or anything els for that matter whether its a gym or a project of any other kind. It is however fully renovated and operating. There is no need to spend any money on this as it can be operated for any cuisine from day one with a very low rent of its size.

􏰀 .Vibrant Location with high student population 􏰀 170 Cover plus Restaurant
􏰀 .Fully Fitted to high standard
􏰀 .Feature Glazed Frontage

􏰀
VIWEING IS STRICKTLY BY APPOINTMENT ONLY

TRADE
The premises are currently operated as a large, modern Halal venture with an Indian, Chinese and Thai menu and bar. The restaurant has been trading for many years. The opportunity exists to convert this restaurant to a range of bar/restaurant styles and offers superb potential. In addition the takeaway trade has not been increasing significantly..

Premises:
Ground Floor
Main entrance. Double glazed doors provide access to entrance foyer,
stairs and lift to first floor.
First Floor (373m2)

This is currently laid out to provide 160 plus covers (maximum circa
200) with feature glazed frontage, Bar servery, Buffet servery. There is a casual Seating Area adjacent to the Bar.
Fully Fitted Trade Kitchen and equipped with extractor system, walk in Fridge Freezer, combi oven.

)
Toilets,
Gents wc, two pods and two wash hand basins Ladies two WCs, two wash hand basins. Disabled WC and wash hand basin
 and an Office

Ground Floor Storage (22m2)
Substantial ground floor storage

DESCRIPTION
LEASE
The premises are held on a 25 year free of tie lease from 2008 with a
passing rent of £35,000 per annum (agreed at last rent review in 2023).
A service charge applies.

BUSINESS RATES & COUNCIL TAX
The property is in an area administered by Oxford Council. The 2017
Rateable Value has been assessed at £24,750, £510pm

LICENCE
A premises licence prevails, the main licensable activities being: Supply of Alcohol, Performances of Dance, Provision of facilities for dancing, Live Music, Recorded Music:
Sunday to Saturday 12:00 hours to 23:30 hours.
Trading hours:
7.00am to 12.00pm
Tenure:
Leasehold
Location Details:
Located in East Oxford, it’s a vibrant cosmopolitan area with a strong student and professional population. It provides an excellent range of restaurants from small privately owned to restaurants chain such as Nandos, there are also many bars such as Brewdog to music and comedy scene such as the 02 Academy and the Glee Club. The First Floor restaurant can be found directly opposite Tesco.
Downloadable Documents:
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