Iconic Traditional Cafe in Colwyn Bay, Welsh Seaside Resort
Colwyn Bay, Conwy
- Status
FOR SALE
- Date Submitted:
26/01/23
- Advert ID
507210
- Leasehold: Price on Application
- Turnover: On request
- Net Profit: On request
Key Features
- Company for Sale
- Fully Fitted
- Town Centre location
- Small Business
- Attractive Business
- Close to Local Amenities
- Ideal for Full Refurbishment
- Currently Closed
- Potential for Alternative Use
- Prime Location
Business Details
Traditional Cafe in Welsh Seaside resort, Colwyn Bay
The first and most famous traditional cafe in Colwyn Bay is for sale. It is an excellent opportunity for any prospective cafe/ restaurant owner.
The lease for a very vibrant cafe business is eight-plus years remaining with a hassle-free renewal process. With no business rates, the cafe has quoted a very reasonable rent of £550 per month fixed for the next four years.
Please feel free to contact me via social media.
The reason for selling the business is due to the owner'S bad health. Hench the low asking price of £40,000 on nearest offer, The commercial property includes a basement for extra storage or space to expand In addition, the landlord covers building and boiler repairs.
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All catering equipment is kept up to date regularly. So the new buyers can start the business anytime, literally, walk in and start running your business.
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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.
Be safe, use a Rightbiz Solicitor
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