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Prime A5 Restaurant in Boston Lincolnshire Town Centre - Leasehold Opportunity

Boston, Lincolnshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    30/10/22

  • Advert ID

    502830

  • Leasehold: £70,000
  • Turnover: £260,000 (£5,000 Per week)
  • Net Profit: On request

Key Features

  • New Lease
  • Prime Location
  • Offers Invited
  • Town Centre location
  • Open Plan Trading Area
  • Currently Closed
  • With Car Park
  • Fully Fitted
  • High Turnover

Business Details

A5 Restaurant for Sale Leasehold

Well-situated Restaurant for Sale in Boston, Lincolnshire

I have been running the business for two years since its establishment in Boston, Lincolnshire. We are in a prime location within the town centre on the High Street with plenty of footfall. The area is well-served with public transport links. There is low competition in the area.

The leasehold sale is on offer for £70,000 on nearest offer. It is a new lease. The sale includes partial fixtures and fittings; the rest of the kitchen equipment can be negotiated on sale. The annual turnover was £260,000. This is a relatively new business which showed great potential and represents a fantastic opportunity.

We have ceased trading due to an issue with staffing; this is the reason for the sale. It is a very big premise, which includes business rates; however, there is potential to apply for a reduction in this. The upstairs also includes staff & public toilets, a big storage area and an office; there is even potential to introduce living accommodation here.

There is a late license available, which allows you to open from early morning until late at night.

Training opportunities can be provided to the new owner.

Please get in touch with us for further information.

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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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