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Themed Licensed Restaurant Investment Opportunity in Newton Abbot Devon

Newton Abbot, Devon
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THEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITY Photo 1
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THEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITYTHEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITYTHEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITYTHEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITYTHEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITYTHEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITYTHEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITYTHEMED LICENSED RESTAURANT/INVESTMENT OPPORTUNITY
  • Status

    FOR SALE

  • Date Submitted:

    25/11/21

  • Advert ID

    286617

  • Reference

    R35294N / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £600,000
  • Turnover: £260,000 (£5,000 Per week)
  • Net Profit: Not Applicable

Business Details

THEMED LICENSED RESTAURANT INVESTMENT OPPORTUNITY



Superb THEMED LICENSED RESTAURANT/FREEHOLD INVESTMENT OPPORTUNITY, prime NEWTON ABBOT town centre trading position, considered valuable with catering premises always in demand. Fronting busy primary thoroughfare leading to main shopping area, highly visible, surrounded by other popular and complementary businesses to include national names, benefiting from on street car parking immediately to the front, main car parks close by.

An immaculately presented 3 storey property, the subject of considerable investment, presented to the highest of standards with no expenditure considered necessary. Comprises stunning ground floor air conditioned licensed restaurant complete with bar servery, excellent recently refitted commercial kitchen, wash-up room, storage, and cloakrooms, would suit a variety of cuisine. Additional self-contained 1 bedroom ground floor flat, self-contained 2 bedroom first floor flat, and self-contained 2 bedroom 2nd floor flat, all recently refurbished to high standard and providing rental income.

A popular business which can be staff run with owners acting in a managerial capacity, alternatively restaurant could be rented out to simply provide additional rental income. Currently operated at a level to suit owners lifestyle, only trading 5 evenings and 1 lunchtime each week, also closing 1 month each year, enjoys strong following, quite often fully booked, takings in excess of £5,000 per week, proves very profitable, huge scope to increase opening hours and potential to expand restaurant.

Freehold £600,000 sav Ref: R/INV35294N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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.

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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.

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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.

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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.'.

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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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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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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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The data showed regarding this advert 'THEMED LICENSED RESTAURANT INVESTMENT OPPORTUNITY - R35294N / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.