£0 £1000000
£0 £1000000

Under Offer

Reputable Restaurant For Sale

Leighton Buzzard, Bedfordshire

  • Asking Price: £99,995 +SAV
  • Turnover: We are advised the business generated a turnover of circa £350,000 as of 2021, further financial information can be made available upon request.

    Please quote reference B06944

  • Tenure: Leasehold

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Please quote reference B06944

Hilton Smythe is welcoming to the market Cod & Waffle Theedway. An extremely popular and well-established restaurant, with an outstanding reputation. The business was initially established in 2016.

Our clients have enjoyed running the business. During their time here, they have built an excellent rapport with the locals and have created a widely renowned friendly/local restaurant. A real community hub with ample regular customers and repeat trade.

The business currently trades 5 days  a week ( 4 evenings) offering takeaway collection and sit-down dining. There is huge scope to expand the business by increasing the trading hours and offering delivery services, either in-house or via delivery apps. 

The menu comprises of the well-known waffles along with fish and chips as well as desserts.

The premises are well presented, creating an inviting atmosphere.

Our clients are offering a hand over period and also advise that the current staff members are a major asset to the business.

The following is included in the sale:

  • Walk-in Fridge/Freezer
  • 3 Fryers
  • Oven/Hob
  • Rational Oven
  • 2 Fridges plus Saladette
  • Hot cupboard and Pass
  • Mixer
  • Chipper & Rumbler
  • Microwave
  • All restaurant furniture
  • Drinks Fridges
  • Till systems
  • Outdoor Furniture / Parasols
This is an amazing opportunity for anybody looking to get into the trade, a turnkey business with an outstanding reputation and scope for further expansion.

 

The business is owner run and managed with the help of 1 full time and 3 part time staff members.

The business trading hours are:

Monday & Tuesday - Closed

Wednesday & Friday - 12:00pm - 21:00pm

Saturday - 10:00am - 21:00pm

Sunday - 10:00am - 15:00pm

Cod & Waffle is situated in the popular Theedway, Leighton Buzzard.

The business is located in the heavily populated area from which the business derives much trade, truly at the heart of this vibrant community.

Situated on a main road location the business also benefits from multiple car parks close by.

The spacious restaurant boasts seating for up to 70 with additional seating for 40 outside, separate toilets including disabled facilities and baby change. The spacious fully-fitted kitchen would suit multiple cuisines. 

Tenure
We are advised the business is being sold on a Leasehold basis with 14 years remaining on the Lease, the rent is £22,000 per annum, this has been fixed by landlord until 2026 there is also a service charge of approximately £1,600 per annum.

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