Ilkley Restaurants For Sale - Profitable Licensed Dining Opportunity in Affluent Spa Town
Ilkley, West Yorkshire
- Status
FOR SALE
- Date Submitted:
28/11/22
- Advert ID
504389
- Reference
588655 / Rightbiz
- Call Agent:
- Leasehold: £130,000
- Turnover: £286,000 (£5,500 Per week)
- Net Profit: Not Applicable
Business Details
Restaurants For Sale in Ilkley
LICENSED RESTAURANT in Ilkley for Sale.A highly profitable licensed restaurant and bar in the heart of one of Britain’s most affluent spa towns. The town attracts a colossal amount of visitors, tourists, walkers, cyclists and shoppers, supplying the shops, bars and restaurants with a consistent amount of footfall. Recently added, covered outdoor dining terraces to both front and back has had a tremendous positive impact on the turnover. The interior is spacious and of a contemporary design that would suit any manner of food offering or bar concept. Currently offering highly regarded, fine Mediterranean cuisine. We are advised that weekly turnover is between £5,000 and £6,000 per week on short openings. There is potential for energetic and ambitious new owners to substantially increase takings with promotions, events and extending the opening hours. The restaurant is very much owner operated with low overheads and energy tariffs negotiated to November 2024. Trading and Profit & Loss Accounts for the year to 30 June 2021 show operating profits in excess of £102,000. The location is outstanding and includes complimenting restaurant and bar venues including Friends Of Ham, a nearby Piccolino’s and lots of independent bars and diners.
EPC Band E.
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Listing Statistics
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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.
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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.
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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.
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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.'.
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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.
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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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