Cornwall Place, High Street, Buckingham, Buckinghamshire, MK18
Size
1,227.08
Tenure
Leasehold
EPC
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Parking
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- Primary use
- Restaurant
No floor / site plan
Key features
- Main High Street Location
- Enviable Reputation
- Extremely High Quality Fit Out
- Turnover in excess of £240k PA
- Fully Refurbished
Description
Carnitas is an exciting, modern Latin American restaurant offering a contemporary twist on traditional cuisine. Situated in a prime courtyard location in Buckingham, a vibrant and affluent market town in North Buckinghamshire, the restaurant benefits from strong footfall, a loyal local customer base, and an elegant, fully fitted dining space.
This is a rare turnkey opportunity for a buyer looking to acquire a profitable, well-established business with huge growth potential and a strong brand identity in a high-demand segment of the UK hospitality market.
KEY FINANCIALS
Annual Turnover: Circa £240,000
Adjusted Net Profit: Available on Request (subject to buyer qualification)
Guide Price: £59,950 (plus stock at valuation)
BUSINESS OVERVIEW
Business Name: Sole Trader T/A Carnitas
Type: Latin American Restaurant (Eat-In & Takeaway)
Premises: Leasehold (3 years remaining)
Rent & Service Charge: £31,000 per annum
Seating: 48 internal covers + 15 external courtyard seats
The restaurant operates from stylishly refurbished premises, featuring modern décor, ambient lighting, and comfortable seating. The space is welcoming, professionally fitted to a high standard, and includes commercial kitchen facilities, a customer reception area, restrooms, and attractive outdoor seating in a bustling town centre courtyard.
KEY FEATURES
Strong local following with high customer retention
Fully operational and profitable from day one
5-star Food Hygiene Rating
High-end website with online booking and takeaway ordering
Excellent social media presence and review scores:
4.6 on Google (369+ reviews)
4.5 on Tripadvisor
4.8 on Facebook
Open 6 days a week with lunchtime and evening trade
Tastefully branded with strong identity and customer appeal
Premises require no further capital expenditure
MENU & SERVICE OFFERING
Carnitas offers a full menu of authentic Latin American cuisine, celebrating regional flavours with an elevated presentation. The menu includes:
Daily specials
Extensive vegetarian, vegan, and allergy-aware options
Premium, fresh ingredients sourced from quality suppliers
Takeaway and click-and-collect service
Cocktails, wines, and specialist soft drinks
The restaurant's warm atmosphere is enhanced by background music and thoughtful interior design, creating a relaxed yet vibrant dining experience.
STAFFING & OPERATIONS
The business is owner-managed and supported by an experienced kitchen and front-of-house team. The current head chef is employed under a sponsorship agreement and delivers consistent quality across all service periods.
Trading Hours:
Tuesday to Saturday: 9/10am - 3pm and 6pm - 9.30/10pm
Sunday: 10am - 4pm
Closed on Mondays
Full systems in place for seamless transition to a new operator
GROWTH & EXPANSION OPPORTUNITIES
The brand and concept offer a strong foundation for expansion. Key opportunities include:
Delivery Integration: Partnering with platforms like Deliveroo, Uber Eats, or creating a direct delivery service could open a new revenue stream
Outside Catering: Expansion into private events, weddings, corporate functions, and pop-up food markets
Second Location: Potential to replicate the concept in nearby towns or high-footfall areas in London
Franchising: The business and brand are ideally suited to a franchise model for regional or national growth
MARKET OUTLOOK
Latin American cuisine is one of the fastest-growing segments in the UK restaurant market, with an expected 8% annual growth rate between 2024-2029. British consumers are increasingly drawn to authentic, bold flavours-making concepts like Carnitas especially well-positioned for future growth.
THE PREMISES
Centrally located in Buckingham town centre
Attractive external frontage within a busy courtyard retail setting
Recently refurbished with significant investment in high-quality equipment and furnishings
Secure lease assignment available (3 years remaining, renewable)
Fully compliant with health & safety and food hygiene standards
LOCATION: Buckingham, MK18
Buckingham is a picturesque market town known for its independent shops, affluent demographics, and strong visitor economy. Cornwall Place, where Carnitas is located, is a high-footfall retail and hospitality hub, making it an ideal setting for an ambitious restaurant operator to thrive.
FURTHER INFORMATION & VIEWING
Detailed financials and additional images are available upon signing a non-disclosure agreement (NDA).
Viewings are strictly by appointment only and must be arranged through Goodwins Business Brokers.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Business for sale
- Yes
- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Cornwall Place, High Street, Buckingham, Buckinghamshire, MK18
Goodwin's Business Brokers are the right choice.
We think our experience in owning and selling businesses ourselves, puts us directly in your shoes.
Everyone in our team have been previous business owners and have been through the process of selling their business, which puts us in an unusual place of being your perfect selling partner.
We know you have put blood, sweat and tears into your business and you need the right buyer, at the right price and in the right timescale to make your exit successful.
What's more, you need a broker who can be trusted, truthful and who can perform to drive the sale of your business.
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