Two-Storey Oriental Restaurant in Historic Abergavenny, South Wales for Sale
Abergavenny, Monmouthshire
- Status
FOR SALE
- Date Submitted:
17/07/23
- Advert ID
516710
- Leasehold: £80,000 (Stock at valuation)
- Rent: £27,000
- Turnover: On request
- Net Profit: On request
Key Features
- Prime Location
- Attractive Business
- Town Centre location
- Ideal for Full Refurbishment
- Close to Local Amenities
- With Car Park
- Trade Gardens Available
Business Details
Oriental restaurant for sale
Based in the heart of the Historic town of Abergavenny, South Wales.
The property accomodates dining on 2 floors. Ground floor 32 covers and bar. First floor there is extra seating for another 26 covers, usually occupied for groups booking/ functions. Outside there is a front lawn and terrace which the new owner could incorporate seasonal outdoor seating.
Open 4 days a week, no deliveries. Huge scope for further growth.
Public car park available in front of the restaurant, for customers convenience.
This restaurant also comes with accommodation 3 bedrooms, a lounge and bathroom.
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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