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Highly Rated Nottingham Restaurant for Sale - Established, High Footfall, Inclusive of Fixtures

Nottingham, Nottinghamshire
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Restaurant for sale in NottinghamRestaurant for sale in NottinghamRestaurant for sale in NottinghamRestaurant for sale in NottinghamRestaurant for sale in NottinghamRestaurant for sale in NottinghamRestaurant for sale in Nottingham
  • Status

    FOR SALE

  • Date Submitted:

    13/03/23

  • Advert ID

    509759

  • Reference

    2474 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £60,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Adjacent to Multiple Retailers
  • Accounts Available
  • Potential for Alternative Use
  • Close to Local Amenities
  • Prime Location
  • Ideal for Full Refurbishment
  • Fully Fitted
  • Attractive Business
  • Unique Business
  • Established Business

Business Details

Restaurant for sale in Nottingham

Summary:

-          Proof of funds required

-          Huge Potential

-          Highly Rated

-          Established Business

-          Heavy Footfall Area

-          Unique Opportunity

-          All Fixtures & Fittings Included

-          Excellent Client Base

Business Description:

Silk Letting LTD are proud to present to the market a well-known restaurant within Nottingham. This business has built itself a list of repeat customers by servings things such as

Pizza

Garlic Bread

Burgers

Peri Chicken

Fries

Desserts and much more

As well as an excellent client base, this business has also managed to build itself a very high reputation, with over 100 five-star reviews online to back this up. This ensures a buyer that this business is already popular within the area and gives a buyer an advantage as they would already have an audience to serve.

This business operates from walk-ins, and passing trade and has existing agreements with Just Eat and  Uber Eats. 

With all fixtures and fittings included within the purchase of the business, it gives the buyer an advantage as it assists them towards an easy takeover.

Location and Amenities:

Situated on a busy main road, this business is put in a perfect location for a restaurant, as it gathers a huge amount of traffic throughout the day. Many cars are constantly passing through, and the shop is surrounded by many popular amenities. These two factors are huge benefits towards the business, as it helps the business bring in a huge amount of walk-in and passing trade.

There are many bus stops along the road where the business is based, which makes it easily accessible for customers, staff, or the owner if they do need to travel to the premises via public transport.

However, if you prefer to drive rather than use public transport, then you will be glad to hear that there are many parking bays along the road, which gives ease of access to anyone who is travelling to the premises via car.

Growth Potential:

This business has already grown to become a success, however, there are many ways in which a buyer can improve and expand this business even further.

One way in which a buyer can improve is by opening at earlier times during the day, as it currently opens at 4 pm every day. This leaves space free during the morning and afternoon hours where a buyer could potentially be gaining more sales from people who are within the area at that time. Doing this could help the business greatly as it would assist towards the maximisation of profits and revenue.

Another way in which a buyer can bring in more sales is by offering discounts throughout quieter times of the week. If they introduce an offer that only applies at a particular time, then it would be more appealing for potential customers to purchase from this business at those times.

Financial Profile:

Tenure: Lease (Rents Property Only) – 6 years left remaining on the lease.

Turnover is available upon request.

Property:

This business is presented throughout one spacious floor, which gives customers and staff enough room to work in comfort and ease.

The property consists of a staff hand wash area, 2 toilets, a hallway which is used for storage, 2 kitchens with one being connected to the front serving area and the other to the back serving area and a dining area.

There are 12 covers which means that it is perfect for customers who are dining on their own or even in small groups,

Security Features:

This business is fully equipped with 8 CCTV cameras which ensures that the safety of the business is kept whilst attended to and unattended.

We advise our buyers not to miss out on this opportunity!

Fixtures and Fittings:

All fixtures and fittings are included in the purchase of this business which makes it ready for a buyer to get going right away.

A full list of assets is available upon request.

Staff:

The business currently employs 3 staff members who are all willing to stay under new ownership. This is a huge advantage to a buyer as it gives them an already experienced and efficient team to work with.

It is currently trading:

Monday – Thursday: 5:00 pm – 1:00 am

Friday – Saturday: 5:00 pm – 2:00 am

There are no trading restrictions.

Reason for the business sale:

The owner has decided to sell the business due to other commitments, which creates the perfect opportunity for a buyer to continue the success of this business.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sales enquiries or arrange a viewing on 0161 507 9791.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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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The data showed regarding this advert 'Restaurant for sale in Nottingham - 2474 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.