Restaurant/cafe for sale

Business
*** Please note that this is an asset only sale.***

Please quote reference B07712

Cogogo are delighted to welcome to the market a highly rated Japanese restaurant in Oakham, Rutland.

This opportunity was first established by our client in 2022, building up an excellent reputation and regular customer base during its short time of trading.

This has has now come to the open market due to our clients desire to pursue other business ventures.

This is a cafe sized unit with a restaurant kitchen (including fire hook and fryer by gas in place).

It can also be used for functions like parties and celebrations.

We are advised this is all set up and ready to trade for a new owner.

Key selling points -

• Alcohol licence


• Can apply for small business rates

Scope for further growth -

• Increase trading hours/days


• Expand the delivery catchment area

Location
This is located in Bakers Yard on Church Street in Oakham, Rutland.

This is well presented both inside and out.

Premises

• Specially built bar area


• Beautifully designed restaurant with modern bespoke décor and lighting.


• Air conditioning (hot and cold)


• External seating for the warmer months


• WC


• Fully fitted commercial kitchen and prep area


• Storage room


• Internal seats 40


• External seats 16 - 20


• Storage area for fridge and freezer

Tenure
We are advised that this is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £1250 Per Month.

A new buyer can appply for small business rates relief (100%).

Hours

N/A

Staff
N/A as this is an asset only sale.

Financial Profile
N/A.