Chatham Kent Leasehold Restaurant, Bar & Shisha Garden Business for Sale
Chatham, Kent
- Status
FOR SALE
- Date Submitted:
17/12/21
- Advert ID
287777
- Asking Price: Price on Application
- Turnover: On request
- Net Profit: On request
Key Features
- Close to Local Amenities
- Unique Business
- Offers Invited
- Prime Location
- Retirement Sale
Business Details
Leasehold Well Equip and furnished restaurant Business for sale
Well-equipped Resturant, Bar And Shisha Garden for sale
This is a rare opportunity to acquire lounge44chatham a restaurant /bar and Shisha garden that is customisable to any purpose. The premises is on the busy part of Chatham High street. It's an African/ Nigerian restaurant at present but the decor is contemporary. It can be any restaurant or cuisine as required.
It has a seating capacity of 60 people on the ground floor. The basement has recently been renovated with a seating capacity for 30 to 40 people. The place also has a shisha garden with a seating capacity of 20 people, a fully equipped kitchen, a small office upstairs, and two toilets.
It is licenced to sell alcohol remain open until 2am on fridays and Saturday and has an alcohol licence, but due to the expense of running it, the owner has applied for review to cut it down to 11.30pm because he doesn’t have enough staff to man the premises that late with the imposed late licence conditions,The premises undergone over £70,000 renovation project To date just, however it has a short lease that can still be extended with agreement with the new buyer and very low rent compared to what you get on the high street and still on business rate discount. It’s a 2 floor business premises and a beautiful Shisha garden that is profitable and has huge potential for any buyer.
Unfortunately, the owner is selling the business due to poor health. I must admit there are many interests in this business.
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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.
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.
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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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