Under Offer
Highly Rated Restaurant Opportunity In Windsor For Sale
Windsor, Berkshire
- Asking Price: £135,000 +SAV
-
Turnover:
Turnover information can be made available upon further request.
- Tenure: Leasehold
***Business name not included - new buyer to rebrand***
Please quote reference B07177
CoGoGo are delighted to welcome to the market a highly rated restaurant opportunity located in the town centre of Windsor, Berkshire.
The restaurant and bar was orginally established by our client in 2020, building up an excellent reputation during its time of trading. As seen by some online ratings and reviews, the business is extremely popular within the local area.
The business has now come to the market as our client is looking to retire.
The restaurant is a Mediterranean and Continental restaurant based in the heart of Windsor.
Key selling points -
- Great high street location opposite Windsor castle
- Constantly number 1 on Trip Advisor
- Great local loyalty
- Next to 3 large hotels
- Entertainment on weekends
- Great reputation
- Large number of tourists visiting the Castle
We are advised that the restaurant is run and managed by our client, with the help of staff.
The current trading hours are -
Monday – 11:00 – 23:00
Tuesday – 11:00 – 23:00
Wednesday – 11:00 – 23:00
Thursday – 11:00 – 23:00
Friday – 11:00 – 00:00
Saturday – 11:00 – 00:00
Sunday - 11:00 – 22:00
The restaurant occupies a great high street location, in the heart of Windsor, Berkshire.
The business has eye catching signage and receives high levels of footfall and passing trade.
It is close to train station and main car parks, making it easily accessible.
Occupies a double fronted premises on a busy high street.
Large restaurant sitting with great décor and furniture, designated bar area with seating, modern feel with great atmosphere.
Tenure
We advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £45,000 until July 2023, and £60,000 from July 2023 onwards.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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