60-Cover Seafood Restaurant Leasehold for Sale in Cornwall
Undisclosed, Cornwall
- Status
FOR SALE
- Date Submitted:
21/01/22
- Advert ID
289289
- Reference
2597 / Rightbiz
- Call Agent:
- Leasehold: £350,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Leasehold Sea Food Restaurant Located In Cornwall
Veritas Business Sales are delighted to offer for sale this very popular 60 cover Sea Food Restaurant which is located in Cornwall. The business was established by our clients and is now being offered for sale due to other business commitments.Since ownership they have refurbished the premises and continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated with the help of a number of dedicated full time and part time members of staff and has an annual turnover of circa £850,000 (based on 6 day week). The business has an excellent trading position.
We believe that there is further potential to increase revenue by expanding upon the current opening times and by continuing to trade during the winter months. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established high turnover business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.
Leasehold
Remaining: 10 years
Rent: £40,000 pa
Rates: £12,000 pa
Ground Floor
Eating area: Tables and chairs, reception/sales counter, till, sink with drainer, under counter drinks fridge, espresso coffee machines, hot water dispenser, various shelves and under counter drinks fridge.
Ground Floor
Entrance
Eating area comprising: tables with chairs. Hallway to Kitchen comprising: glass washer, undercounter fridge, microwave, chiller units, various stainless steel shelves, large extraction unit, grill, stainless wash basin, complete range (fryer, burner cooker, oven solid top, 10 Grid Rational, various cooking utensils and trays, sink with drainer, dish washer), pass with heat lights, full drinks service set up.
Kitchen through to: Storeroom comprising walk in fridge, freezer various shelves, , various stainless steel shelves W/C with wash basin. Leading to: Full Office and addition store
EPC Rating E
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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.
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