Licenced Tea Room and Ice Cream Parlour For Sale in Essex, Established for 40+ Years
Undisclosed, Essex
- Status
FOR SALE
- Date Submitted:
24/10/23
- Advert ID
601629
- Reference
RX300690 / Rightbiz
- Call Agent:
- Leasehold: £110,000 (Stock at valuation)
- Rent: £20,000
- Turnover: On request
- Net Profit: On request
Business Details
TEA ROOMS COFFEE SHOP WITH ICE CREAM PARLOUR LICENCED
TEA ROOMS/COFFEE SHOP WITH ICE CREAM PARLOUR LICENCED - FINCHINGFIELD - the premises is situated in this affluent and picturesque location which is considered a tourist attraction. The business has been established in excess of 40 years with our clients purchasing the business in 2018 undertaking an extensive refurbishment at that time. The premises has 70 covers and is presented to an high standard along with quality fixtures, fittings and equipment all included within the sale price. Year end 30.06.2022 accounts confirm a net turnover of £278,370 with the turnover peaking as high as £10,000 per week in the summer months, with huge scope to further increase revenues. 15-year lease commencing 2018 at a current rent of £20,000 per annum and zero business rates payable. Rarely does an opportunity of this calibre in this location become available, so an EARLY VIEWING IS ADVISED. RX300690
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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.
Be safe, use a Rightbiz Solicitor
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