Immaculate & Trendy Restaurant/Bar for Sale in Central Bridgwater, Somerset - Health Forces Sale
Bridgwater, Somerset
- Status
FOR SALE
- Date Submitted:
13/04/23
- Advert ID
511548
- Leasehold: £60,000 (Stock at valuation)
- Rent: £9,500
- Turnover: On request
- Net Profit: On request
Key Features
- Accounts Available
- Adjacent to Multiple Retailers
- Offers Invited
- Large Business for Sale
- Established Business
- Attractive Business
- Close to Local Amenities
- Fully Fitted
- Prime Location
- Small Business
- Open Plan Trading Area
- Owner Financed
- Company for Sale
- Town Centre location
- Potential for Alternative Use
- Unique Business
- Central Position in Affluent Village
Business Details
Unique and immaculately presented restaurant and bar in central Bridgwater, Somerset
Due to unexpected health reasons, an excellent opportunity has arisen to own a beautifully presented, fully furnished restaurant and bar in the market town of Bridgwater. This unique restaurant and bar is the most recent addition to Bridgwater, with trendy, modern and highly envied decor and furniture. The dining area is spacious, seating up to 60 covers inside, with the potential of further outside seating and is located in a prime location, opposite St Marys Church. The restaurant is well kitted-out and is completely on trend. It has a fully fitted kitchen, along with a separate pot wash area and a large, self contained dry store. The restaurant and bar has an alcohol licence and there is potential for a pavement licence.
The premises is classified as class E, allowing for a range of uses from a retail store to a restaurant and benefits from extremely low rent, given the prime location. It is currently trading and supplying delicious pasta and steak dishes to their very loyal customer base, with a steady increase of new customers weekly. Along with their inventive Italian menu, the restaurant also serves traditional Sunday lunches and Saturday brunch at the weekend.
There are 60 seats inside, currently operating only Thursday - Sunday, offering potential for further trading hours, home delivery and a much higher income.
The premises is fully furnished and ready to trade in a highly sought-after building and location, allowing for immediate income and maximum potential in an up-and-coming town with a high level of footfall and visitors due to the Hinkley point project. Furthermore, there are no external investors or agencies.
There is currently no available accommodation above the premises, however, this could be negotiated with the landlord.
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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.
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.
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