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Licensed Bar, Pub, Dark Kitchen, Restaurant and Cafe for sale In Preston

Preston, Lancashire
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Licensed Bar, Pub, Dark Kitchen, Restaurant and Cafe for sale In PrestonLicensed Bar, Pub, Dark Kitchen, Restaurant and Cafe for sale In PrestonLicensed Bar, Pub, Dark Kitchen, Restaurant and Cafe for sale In Preston
  • Status

    FOR SALE

  • Date Submitted:

    24/05/22

  • Advert ID

    295842

  • Leasehold: £10,000
  • Rent: £20,000
  • Turnover: £250,000 £4,808 Per week
  • Net Profit: £50,000 20% Profit margin

Business Details

A great opportunity for an independent operator to take sought after licensed premises in the centre of Preston.

This unit has been a pub or bar for over 50 years and is next door to the iconic Kuckoo Cocktail bar and surrounded by other thriving bars, pubs and restaurants ensuring consistently high footfall. Fully licensed to 12 am Sun-Thurs 2am Fri-Sat. Internal seating capacity of 40, standing for 80.

The unit has a modern stainless steel bar suitable for all types of operators. The business is for sale at a reduced value of £10,000 with an annual rent of £20,000 and benefits from small business rates relief. Gas and Electricity approx £120pw. This pub/bar/dark kitchen/restaurant/cafe will be sold with a new 21 year lease. Get in touch for more information.

 

 

 

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Key Features

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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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