Restaurant for sale

DEVIZES ROAD, Swindon, SN1

£95,000

Property Description

Full description

EXCEPTIONAL SPANISH TAPAS RESTAURANT - WILTSHIRE
Situated in the very desirable area of old town Swindon
Well established and highly reputed business
Early viewing essential to fully appreciate
Advised annual turnover of 240,000
Scope for further development
Currently run at a pace to suit
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD


Location

This superb restaurant is located in the very desirable area of the old town Swindon which is within Wiltshire. It is situated on a main through road surrounded by complementary businesses and residential properties which are beneficial for the business as it derives much of its trade. Swindon is popular with tourists who visit the many attractions and leisure facilities in and around the town such as; the Museum of the Great Western Railway, Lydiard Park and Coate Water Country Park. The near by towns include Wanborough, Wroughton and South Marston which are all in close proximity. The town is easily reached through the M4 leading to the A419 and A4312 giving easy access to tourists and visitors.


Business History

Meridian Business Sales are delighted to offer for sale this excellent restaurant which was established 20 years ago and has been in the careful hands of our client for the last 3 years. Our clients are reluctantly offering the business to the market due to a desire to re-locate. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that they generate a respectable annual turnover which is derived from offering a delicious Spanish Tapas style menu including Argentinean steaks & grills, a selection of fine wines and much more offering private parties and function facilities. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.


Tenure

Leasehold
Original Length: 10 years
Remaining: 7 years
Rent: 900pcm


Opening Hours

Monday: 6:00am - 11:00pm
Tuesday: 6:00am - 11:00pm
Wednesday: 6:00am - 11:00pm
Thursday: 6:00am - 11:00pm
Friday: 6:00am - 11:00pm
Saturday: 6:00am - 11:00pm
Sunday: Closed


Accommodation

Well presented character property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Reception area

Bar with seating, beer/ale pumps, optic/spirit displays, drinks chiller, cash register

Ample dining tables and chairs for approximately 25 covers

Fully fitted commercial kitchen

Preparation area

Walk-in chiller

Toilet facilities

Dry storage area

FIRST FLOOR
Further dining tables and chairs for approximately 30 covers
Bar area
Toilet facilities
Office
Storage room

EXTERNAL
Communal parking facilities

Nearest station

  • Swindon (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Swindon (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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