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Silver Jubilee Indian Restaurant for Sale in Newport Brough, East Yorkshire

Brough, East Riding of Yorkshire
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Leasehold Indian Restaurant in Newport Brough is on sale. Photo 1
Leasehold Indian Restaurant in Newport Brough is on sale. Photo 2
Leasehold Indian Restaurant in Newport Brough is on sale. Photo 3
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Leasehold Indian Restaurant in Newport Brough is on sale.Leasehold Indian Restaurant in Newport Brough is on sale.Leasehold Indian Restaurant in Newport Brough is on sale.
  • Status

    FOR SALE

  • Date Submitted:

    21/12/22

  • Advert ID

    505464

  • Leasehold: £50,000
  • Rent: £9,048
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Close to Local Amenities
  • With Car Park
  • Established Business

Business Details

Leasehold Indian Restaurant in Newport Brough is on sale.

An Indian restaurant and takeaway business thats completed its silver jubilee successfully is on sale in Newport, Brough East Yorkshire. The reason behind selling it is my old age and health therefore, looking to retire. Located in the centre of a beautiful village in East Yorkshire surrounded by many large and small neighbouring villages and is approimately seven miles east away from the nearest market town of Howden and eight miles west away from Brough.

The business is fully airconditioned and, with a new stainless steel kitchen renovated in 2018 and an extension built in 2013 which consits of two upstairs rooms which can be used as storage or as a place to stay. This is an excellent opportunity to consider buying it. The property comes with two toilets and four car parking space at the rear of the property with plenty of on street parking as well as a shed around the back which can be used as storage.

Annual rent of £9048 with property insurance and VAT included. Rent review is every five years which is based on the landlords discretion. As well as the property lease which can be extended up to 25 years for the new business owner. New businesses in the area will also benefit from business rate relief which can be found on the East Yorkshire Council website. This is a direct sale with no third party involvement therefore, no commision or VAT required to be paid on sale.

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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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