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Rushden Leasehold Pub Offers Letting Accommodation & £2,250 Monthly Rental Income

Rushden, Northamptonshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/01/23

  • Advert ID

    506675

  • Reference

    S1548 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £80,000
  • Rent: £10,000
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • Established Business
  • Attractive Business
  • Company for Sale
  • Price Further Reduced
  • Price Reduced
  • Fully Fitted
  • Accounts Available
  • Offers Invited

Business Details

Leasehold Pub With Letting Accommodation In Rushden

Starling Corporate are pleased to present a well known King Edward VII to the market and believes that it represents an excellent acquisition opportunity. The business is a well established Public House, with rooms rented out above, and with decades of trading history that provide a tangible platform for further growth.

The business has benefitted from a recent £250,000 refurbishment and presents a completely ready to run leasehold opportunity. A true family-friendly pub, which will see a rise in its popularity due to the recent, extensive refurbishment.

The King Edward VII is the only pub in the area that has a pool table and darts board, as well as the licenses to show all key sporting events through Sky and BT subscriptions. The business has established a positive financial model and managed to maintain a profitable model following a substantial re-investment following trading restrictions during the Covid-19 pandemic. Both the wet-led sales and kitchen sales are increasing cumulatively on a monthly basis during the current trading year. In addition to this, there is additional rental income that is generated to the value of £2,250PCM.

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Particulars / More Information

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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.

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

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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.

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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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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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The data showed regarding this advert 'Leasehold Pub With Letting Accommodation In Rushden - S1548 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.