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CONFIDENTIAL SALE
FOR SALE
24/08/23
518653
A renewable-lease business is up for sale in the bustling city center of Norwich Lanes. An American carry-out deli has been established as part of this A3-designated property for the past seven years, while the entire building has been in business for a total of 19 years. The business is known for having a high footfall, offering potential buyers a choice between purchasing the entire business or simply acquiring the A3 lease. The asking price is open for negotiation.
The building features three fully fitted floors. On the first floor is a customer serving area. The second floor houses the production kitchen, professionally designed to cater to commercial needs. The third floor serves as a storage area and additional space, complete with a toilet, shower, and a rest area. I am selling due to my plans to venture into other opportunities and looking to utilize larger premises. A chef-designed, fully equipped food catering trailer is also available for sale separately if the new owner wishes to expand into the food market.
The business currently operates six days a week, serving lunch only from 10am to 5pm. Closed on Sundays, we also haven't tapped into the promising breakfast and evening slots. Hence, there is clear potential for the incoming buyer to increase sales. The lease is due to expire in March 2025 but it includes an automatic renewal option. A professional and friendly landlord manages the property.
The premises are conveniently located close to Norwich Lanes, an all-year-round hot spot for food and shopping. Patrons can enjoy the outdoor seating while the rubbish container area is conveniently situated behind the establishment, out of sight from pedestrians. What's more, an unloading bay is located very close to the premises. This well-established, family-run business has built up a solid client base of regular and loyal customers over the years, and is already popular on social media platforms like Instagram, Facebook, and TikTok. We also have an operational website under the handle 'Chefronskitchen'.
We accept Bitcoin, cash, and card payments. It's important to note that no employees will be transferred with the sale. The new owner will have access to a large amount of catering equipment that's essential to operate the kitchen. The rates are 5744.00 per annum.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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