FOR SALE
15/02/23
508448
THIS WONT BE ON THE MARKET FOR LONG!
*MASSIVE GROWTH POTENTIAL*
*PERFECT LOCATION FOR A BAR*
LOCATED IN THE HEART OF THE STUDENT COMMUNITY
The business comes with a hot food license and a 5 star food hygiene rating. There is no alcohol license as of yet but if the new owner wishes to have one them they are able to obtain one off the council.
This business is the perfect opportunity for either someone looking to venture into a new career and become a business owner or even an already stablished owner with a strong background in running a restaurant. It ready to go and earn an heavy turnover!
Location and Amenities
The business is situated in the centre of Nottingham, on a very busy main road. There is a cinema located nearby which gives a massive advantage to anyone who wants dinner before or after a movie and make a day out of it. There is a very heavy footfall of students with a university being close by, which is the perfect way to produce a very steady and reliable income. There is good transport links with regular bus routes passing the business with eh benefit of bus stops right outside. Alternatively, there is a lot of public street parking, consisting of parking spots being unrestricted after 5pm and any day time parking having up to 2 hour slots, giving plenty of time to dine without worry!
Growth Potential
The business is already very well broadcast on social media with TikTok videos getting 6.9M views and with the use of Instagram these can be carried on to reach even more customers.
Financial Profile
Turnover is available on request
A long 14 year lease which is also renewable
Property
The property is a very large building that covers plenty of space, with 2 dining areas with 130 covers in total, this is a very popular space to fill.
There is a basement that consists of 5 rooms, currently being used as storage space yet can be used as an office or any other needs.
There is a fully kitted kitchen, 4 toilets in total and a waiting area.
The premises is 2 floors in total, being a ground floor and basement.
Reason for the business sale
• Owner will be relocating abroad for other business commitments
VIEWING STRICTLY BY APPOINTMENT!
If you are interested, please contact us to discuss any sale enquiries or arrange a viewing by sending us a message.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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