Thriving Tapas Restaurant & Bar in Spalding, Lincolnshire's Heart - Est. 2005
Spalding, Lincolnshire
- Status
FOR SALE
- Date Submitted:
14/04/22
- Advert ID
293839
- Freehold: £510,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Unique Business
- Town Centre location
- Offers Invited
- Attractive Business
- Accounts Available
- Free of Tie Leasehold
- Fully Fitted
- Adjacent to Multiple Retailers
- Close to Local Amenities
- Established Business
- Split Level Trading Area
Business Details
Freehold Tapas Restaurant and Bar Lincolnshire
Vibrant and bustling Spanish Tapas Restaurant and Bar in the centre of Spalding, Lincolnshire. Established and going strong since 2005. Full of atmosphere, character and the authenticity of Spain. Sitting in the courtyard on a sunny afternoon, with terracotta-coloured walls, and fountains trickling away you could be in Spain; just wonderful.
This business also comes with a fully refurbished and up to date studio, located next to the courtyard. The studio enormously adds to the value of this brilliant Tapas Bar, as it has potential to be used as living quarters for the new owners/employees or can be rented out separately which would be very gainful for whoever snaps up this ready to go business. Images 3.4,12.13 & 14 depict modern studio.
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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.
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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.
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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.
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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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