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Restaurant for sale in Papworth Everard Cambridgeshire with 100+ seating and event space

Papworth Everard, Cambridgeshire
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Restaurant to LetRestaurant to Let
  • Status

    FOR SALE

  • Advert ID

    646953

  • Rent: £20,000 (£1,667 per month)
  • Turnover: £20,000 (£385 per week)
  • Profit: Not Applicable

Key Features

  • Potential for business growth
  • Business rates applicable
  • Catering services available
  • Chinese cuisine offerings

Business Details

Restaurant to Let

An exceptional opportunity has arisen to take over a newly refurbished restaurant and bar located in a prime position in Cambridge. This spacious venue boasts a seating capacity of over 100, making it perfectly suited for an experienced operator eager to establish a thriving food and hospitality business.

Strategically positioned in a highly visible roadside location adjacent to a newly developed roundabout, the restaurant attracts a steady flow of traffic throughout the day. Customers will benefit from the convenience of parking directly in front of the establishment, facilitating both dine-in and takeaway services with ease.

Having undergone extensive refurbishment, this property is ready for a new operator to step in and start trading immediately, without the need for significant further investment. The venue features a large hall area that is regularly booked for birthday parties, weddings, and other private events, providing a valuable revenue stream through food, drink, and catering services.

This letting opportunity is straightforward, with no premium required. The restaurant is available at a reasonable rent plus utility bills, making it an appealing option for the right operator.

Ideal Concepts for Success

The site offers immense potential for a robust and experienced operator looking to introduce a new culinary concept. Possibilities include a Chinese restaurant, Indian restaurant, quick-service fried chicken establishment, buffet or family dining venue, or even a multi-cuisine or fusion restaurant. Positioned merely two minutes from a McDonald's and various busy retail shops, this location promises a rich blend of footfall and vehicular traffic throughout the day.

With the right vision, adept management, and a dedicated team, this venue could transform into a popular dining and events destination in Cambridge, drawing in both locals and visitors alike.

Key Features

  • Prime Cambridge location with high visibility
  • Newly refurbished restaurant and bar
  • Seating capacity for over 100 guests
  • Specialised hall for birthdays, weddings, and private events
  • No premium required – straightforward letting
  • Competitive rent plus bills
  • Convenient parking available directly in front
  • Close proximity to major retail brands and bustling shops

We are seeking a committed and experienced operator with a genuine passion for the industry to take over these premises and elevate it into a successful restaurant and event venue.

Attractive Environment

The modern interior design features stylish pendant lighting and elegant furnishings, creating a welcoming atmosphere for patrons. Ample, plush seating ensures customer comfort, while eye-catching décor that incorporates greenery and floral arrangements enhances the overall ambiance. The bar area is well-equipped, and the central location ensures good visibility and attracts significant foot traffic, making this restaurant a must-visit spot in the area.

The establishment, operational since 2007, presents a fantastic chance for growth, especially for someone looking to expand their culinary offerings. With the annual rent set at £20,000 and all stock included in the asking price, what better time to embark on a new business venture?

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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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