Cumbria Stylish Cafe/Bistro in Eden Valley, Penrith with 3-Bed Accommodation & £426k Turnover
Penrith, Cumbria
- Status
FOR SALE
- Date Submitted:
26/10/22
- Advert ID
502655
- Reference
93425 / Rightbiz
- Call Agent:
- Freehold: £500,000
- Leasehold: £60,000
- Turnover: £426,489 (£8,202 Per week)
- Net Profit: £76,297 (18% Profit margin)
Business Details
CUMBRIA STYLISH CAFE BISTRO IN THE EDEN VALLEY
Small Cumbrian village on the A66
Victorian era detached property
Dining area and mezzanine
Sizeable trade kitchen
3 bed owners accommodation/ meeting room
Net turnover £426,489 (year ended 2020)
SELLER REF 93425
The Bridge is located in the small village of Kirkby Thore on the main A66 trunk route in the heart of the Eden Valley. The Lake District National Park and North Pennines are close by and the property is within easy reach of tourist attractions including Hadrian’s Wall and the Settle to Carlisle Railway.
The A66 provides links to Penrith to the north and North Yorkshire southbound, the M6 motorway is 9.5 miles west providing links to Carlisle, Scotland and the North West of England.
The property dates back to 1800 and is a detached building of sand stone construction to the main with rendering to the rear of the building and has a pitched tiled roof and has seen much renovation and investment since our clients purchased the property in 2012.
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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.
Be safe, use a Rightbiz Solicitor
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