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CONFIDENTIAL SALE
FOR SALE
03/08/23
517587
Due to unexpected health reasons, an excellent opportunity has arisen to own a beautifully presented, fully furnished bar/restaurant/cafe the market town of Bridgwater.
This unique setting 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.
Each individual area is well kitted-out and is completely on trend. The building has a fully fitted kitchen, along with a separate pot wash area and a large, self contained dry store. The bar has an alcohol licence and there is potential for a pavement licence.
The premises is classified as use 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.
The premises has been most recently trading as an Italian restaurant, 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 served traditional Sunday lunches and Saturday brunch at the weekend.
The space has huge potential, for not only food offering but also for a ‘drinks only’ business and more recently has operated on a wet sales basis during the evening, with a huge response and equally high sales.
The business has now ceased trading, with the last opening date of the 29th July, offering the potential for immediate use and a fantastic start for someone new. There is also further potential for home delivery and extended hours, resulting in a higher turnover.
The premises is fully furnished, clean 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 and the newly secured Gravity project.
The sale includes all social media channels and a fully built website, including online booking system. 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 as the freehold is currently on the market for potential investment.
Longer lease May also be negotiated.
Offers invited.
Priced to sale.
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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