Popular Oxford Restaurant for Sale, Includes 2-Bed Apartment on Cowley Road

Description

The property is situated on the ground floor on the very popular Cowley Road, Oxford, with a two-bedroom apartment above included within the rent. The upper accommodation comprises a sizeable store room, shower room, balcony and kitchenette on the first floor, with two bedrooms on the second floor. This setup provides flexible living arrangements suitable for a chef or staff members if required.The business is currently held on a 7-year lease, with a break clause at year 5, at a rental of £3,000 per month. There are no business rates payable.Internally, the restaurant provides approximately 28 to 30 covers, with an additional small rear garden area offering further seating for around 15 covers during favourable weather conditions.The business is currently operated with three full-time staff, supported by additional part-time staff during busy periods. Trading is on a five-day basis, covering both lunch and dinner service, with clear potential to extend opening hours and increase turnover.The sale includes all fixtures and equipment required for full operation, including a coffee machine, wine fridge, drinks fridge, ice maker, one three-door commercial refrigerator, one two-door commercial refrigerator, two freezers, one upright double freezer, upright double fridge and single fridge, flat top grill, pastry display unit, three beer taps, a boiler installed in 2021, pizza oven, double fryer, induction hob, and all other essential catering equipment.The premises are fully EHO compliant with processes in place to achieve a 5-star rating, with the current rating already at 5 stars.The property has been fully refurbished within the last three years, including new wood-effect restaurant flooring, skirting, full internal redecoration, new commercial kitchen flooring throughout the restaurant and stairways, and replacement of all crockery, cutlery and drinkware.This is a unique and well-presented business offering strong potential, and early viewing is strongly recommended.