Established Licensed Bicester Restaurant, 25-Year Success, 70-Seat Dining, £80,000
Bicester, Oxfordshire
- Status
FOR SALE
- Date Submitted:
21/06/23
- Advert ID
515348
- Reference
AC9077SJG / Rightbiz
- Call Agent:
- Leasehold: £80,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Established Licensed Restaurant in Bicester Town Centre
Opportunity to purchase a well-known licensed restaurant, located in a prime trading position overlooking the Market Square in the centre of Bicester. The business currently specialises in Indian cuisine although the size and location of the premises also lends itself suitable for various alternative cuisines.Busy central location in market square of developing Oxfordshire town
Resident population 32,642 in 2011, projected to increase to 60,000 with 10,000 new homes to be built by 2031
Premises also suitable for other cuisines
Deceptively spacious ground floor premises
Well-presented 809 ft.² air-conditioned dining area seating up to 70 covers plus toilets, kitchen, cold room, boiler room, store room and rear yard
Convenient public car parking immediately outside
Held on 25 year lease from 2003 – net rental £15,000 per annum
Internal inspection strongly recommended - at the request of the vendor, strictly by prior appointment only through Business Partnership
Contact Agent
Listing Statistics
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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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