Family-Run Coffee Shop & Restaurant in Lake District Town, Kendal Cumbria for Sale
Kendal, Cumbria
- Status
FOR SALE
- Date Submitted:
14/07/23
- Advert ID
516641
- Reference
94103 / Rightbiz
- Call Agent:
- Leasehold: £70,000 (Stock at valuation)
- Rent: £26,400
- Turnover: £311,393 (£5,988 Per week)
- Net Profit: On request
Business Details
CUMBRIA FAMILY RUN COFFEE SHOP & RESTAURANT IN LAKE DISTRICT MARKET TOWN
Exciting opportunity to purchase an established town centre cafe/restaurant within the Lake District National Park
Lake District market town
Established Café/Restaurant
Ground floor lock up premises
Open plan trade area (50)
Well equipped trade kitchen
Seven year renewable lease
REF: 94103
LEASEHOLD £70000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
The Property is held on a fully repairing and insuring lease from a private landlord for a term of ten years commencing March 2020. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent £2,200 per calendar month subject to three yearly rent reviews, the next is due in March 2024. The lease is free of all trade ties.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Contact Agent
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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