Abingdon Freehold Investment with A5 Takeaway & Accommodation - £34,800 Annual Income
Abingdon, Oxfordshire
- Status
FOR SALE
- Date Submitted:
21/06/23
- Advert ID
515377
- Reference
GC8085SJG / Rightbiz
- Call Agent:
- Freehold: £790,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Freehold Tenanted Investment Opportunity in Abingdon
Freehold Tenanted Investment Opportunity, Abingdon-on-Thames, Oxfordshire. Substantial detached property occupying a prominent position on busy main road leading to town centre. Comprising a long established Class A5 Chinese hot food take-away with self-contained first floor staff/owners accommodation let @ £34,800 per annum. Tenant’s business unaffected. Freehold. O.I.R.O. £790,000. Ref: GC8085Prominent trading location on busy main road, within a historic and popular South Oxfordshire Thames-Side town.
Two storey detached property.
Trading as tenanted fast food chinese take-away business.
Ground floor takeaway area 318ft², servery 62ft², office 44ft², stockroom 218ft², commercial kitchen 637ft², wash up area 47ft² and stockroom two 111ft²
First floor (not inspected) Self contained living accommodation - occupied by staff. 3 x double rooms, 2 x single rooms and bathroom.
Premises held on lease for a period of 10 years from 18th May 2019, rent £34,800 P.A.X.
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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.
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