Established Licensed Restaurant Café in March, Cambridgeshire

This popular restaurant, located in a prominent position in the market town of March, Cambridgeshire, is recognized for its excellent service and high-quality food offerings. The establishment serves afternoon teas, lunches, and tapas, and provides a venue for events like baby showers and hen parties, ensuring high foot traffic and continued growth potential. Additionally, the business includes a two-bedroom owner's apartment, making it an attractive investment opportunity.

Following a two-year town regeneration project, the business is eligible for a £50,000 grant to update and revamp the exterior. This presents an excellent opportunity to enhance its curb appeal and attract more customers. The sale requires serious cash buyers interested in a quick acquisition within the grant timetables. The establishment further benefits from an alcohol license, permitting events to continue until 2 a.m.

The premises occupy a substantial three-story building, fully equipped for high trade specifications. The ground floor consists of a main restaurant area with seating for approximately 30 guests, a separate bar area, a kitchen, and customer toilets. The lower ground floor houses a cellar, and the first floor includes a dining area for 18, a function room, a kitchen, customer and staff toilets, staff room, and office space. The second floor is dedicated to the owner's apartment, featuring a lounge, kitchen, bathroom, and two bedrooms.

The exterior of the restaurant offers a welcoming atmosphere with undercover heated seating for 16 and additional seating for 20 on the front pavement. The prime corner location in a regenerated town center, near shops, a museum, and other amenities, ensures consistent customer influx. While competition is limited with only one nearby restaurant and few pubs, this establishment maintains a robust presence.

Having been established for eight years by its current owner, the business has consistently seen rising sales figures. With accounts and sales records available, the entire operation, including fixtures, fittings, and stock, is available for a leasehold price of £75,000, with an annual rent of £20,000. The current turnover stands at £230,000. Ill health motivates the sale, with full training and a handover period offered to ensure a smooth transition for the new owners. This presents a unique chance to own an established, reputable restaurant in a desirable location.

The restaurant maintains a strong online presence with a website and active profiles on social media platforms like Facebook, Instagram, Google, and Trip Advisor. It employs a dedicated team of three full-time and four part-time staff, poised to continue its legacy of quality service under new ownership.