Highly-Rated Middle Eastern Café/Bistro in Prime Oakham Market Town for Sale
Oakham, Rutland
- Status
FOR SALE
- Date Submitted:
28/04/24
- Advert ID
610482
- Reference
590479 / Rightbiz
- Call Agent:
- Leasehold: £45,000
- Turnover: £100,000 (£1,923 Per week)
- Net Profit: Not Applicable
Business Details
Cafe & Sandwich Bars For Sale in Oakham
CAFE in Rutland for Sale.A fantastic opportunity to acquire a highly rated cafe and bistro with 28 covers. Situated in a prime trading position in the centre of this affluent market town in Rutland. The business currently specialises in middle Eastern cuisine and has a fantastic reputation locally with excellent reviews online and on social media. Annual turnover £100,000. Established by our client two years ago who renovated and fit out the premises. They have built a great reputation locally with excellent reviews online and on social media. It is currently operated over shorter hours due to time constraints of our client’s other businesses which is why they plan to sell. Huge scope to increase the opening hours and apply for an alcohol licence. The premises are a mid-terrace property with approx 74 sq m (795 sq ft) of internal area. It consists of a ground floor dining area with up to 12 covers, serving counter and open kitchen, the first floor is the main dining area with 16 covers and WCs. Second floor staff room and storage. Outside there is space for extra seating at the front.
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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.
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