Restaurants for sale in Swindon

View the "Food & Catering - Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Food & Catering - Restaurant

Swindon, Wiltshire, England

  • Leasehold Price: £69,950
  • Annual Net Profit: £35,000
Seller Reference: 7849
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Business Description
 
 
 
 
 
 
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Seller Reference: 7849
Request Details
Business Description
For Sale is a well established and highly popular restaurant that is in a perfect location in the town centre of Swindon. Family reasons force this reluctant sale.

New to the market, is this well established Restaurant. With a fantastic reputation and loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into.

The Octagon Restaurant is a family-run business that has been proudly serving the people of Swindon for over 30 years. The current owners have run the business since September 2018 and the reason for sale is due to family reasons so it is a reluctant sale.

TENURE: leasehold (4 YEARS) remaining
RENT: £6,000 per annum
RATES: EXEMPT
STAFF: 5 - 3 F/T & 2 P/T
ANNUAL TURNOVER: £156,000

The building itself is unique; seven sides of the premises are glazed, making The Octagon the perfect place to watch the world go by over a coffee. Another architectural delight is the suspended ceiling, supported entirely by six huge pillars within the restaurant itself.

Well established
Great location, lots of footfall
Excellent transport links surrounding
High street location
Unlimited growth potential
Ready to trade from day one
Fixtures and fittings included
Great investment opportunity

The business benefits from repeat custom/ regular customers as well as being in a prime location with very high footfall.

Established over 30 years ago - this long standing business is currently up for sale due to retirement. Hugely popular locally, this is a rare chance to acquire one of the longest running businesses in this area.

This opportunity presents so much potential for further growth and a viewing of this business is highly recommended.

This is a business that is located in an area with high footfall and surrounded by lots of other businesses. Situated less than one minute’s walk from Swindon town centre. Attached to the bus station and just around the corner from Swindon train station,
Tenure:
Leasehold
Listed by:
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