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Restaurant and bar for sale in Royal Leamington Spa with renovated interiors and growth potential

Royal Leamington Spa, Warwickshire
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Fully Renovated Restaurant & Bar for Sale – Prime Leamington Spa LocationFully Renovated Restaurant & Bar for Sale – Prime Leamington Spa LocationFully Renovated Restaurant & Bar for Sale – Prime Leamington Spa LocationFully Renovated Restaurant & Bar for Sale – Prime Leamington Spa LocationFully Renovated Restaurant & Bar for Sale – Prime Leamington Spa LocationFully Renovated Restaurant & Bar for Sale – Prime Leamington Spa Location
  • Status

    FOR SALE

  • Advert ID

    641144

  • Leasehold: £160,000 (Stock at valuation)
  • Turnover: £312,000 (£6,000 per week)
  • Profit: On request

Key Features

  • Accessible delivery provisions
  • Customer toilet facilities
  • Air conditioning and modern lighting
  • Alcohol and music licence

Business Details

Fully Renovated Restaurant & Bar for Sale – Prime Leamington Spa Location

Introducing a stunning, fully refurbished modern restaurant and cocktail bar nestled in the vibrant heart of Leamington Spa. This venue has undergone an exceptional transformation, with over £230,000 invested in a complete renovation, showcasing brand-new equipment, high-spec interiors, a bespoke bar design, and a fully equipped kitchen.

The restaurant offers a stylish dining experience complemented by a popular small-plates menu and premium cocktails, all within a warm contemporary atmosphere. Its prime location on a busy corner ensures a steady flow of foot traffic, contributing to strong weekend trade. Currently, the restaurant averages £6,000 in weekly takings, with the potential for significant growth.

Everything is turnkey, providing an ideal opportunity for a new operator to step in and start trading immediately. The business benefits from a long-term lease of eight years, with competitive rent and the potential for extended hours, events, bottomless brunches, private hires, and expanded delivery services.

Perfect for Various Operators

This restaurant is ideal for an owner-operator, an experienced hospitality group, or a first-time restaurateur seeking a modern, fully equipped venue without the hassle or expense of a full build-out. It represents a rare opportunity to acquire a beautifully designed establishment in one of Warwickshire's most sought-after towns.

The sale includes all fixtures, fittings, kitchen equipment, furniture, and branding, with stock to be valued at handover. Full financial statements are available upon request.

Captivating Interior Features

The restaurant boasts a stylish and modern interior with a Mediterranean theme, marked by lush greenery and vibrant décor. Its spacious layout features multiple dining areas alongside a welcoming bar section, perfect for social gatherings. High-quality furnishings, such as plush seating and elegant table settings, create a warm and inviting atmosphere for diners. Large windows enhance the experience by providing natural light and visibility from the street, while a well-designed ambiance with customizable lighting options makes it suitable for both casual and exquisite dining occasions.

Additional Amenities

Apart from an inviting dining environment, this venue also boasts several key amenities that add to its appeal, including accessible delivery provisions, customer toilet facilities, air conditioning, modern lighting, and both an alcohol and music licence, solidifying its status as an alcohol-licensed establishment.

This Mediterranean restaurant and bar in Royal Leamington Spa is a leasehold opportunity with a price available upon request, and the current turnover is an impressive £312,000.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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