Retiring Owner Selling Freehold Cafe Restaurant with 2BR Flat in Gosport Hampshire
Gosport, Hampshire
- Status
FOR SALE
- Date Submitted:
18/11/23
- Advert ID
602823
- Freehold: £260,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Potential for Alternative Use
- Retirement Sale
- Small Business
- Offers Invited
- Accounts Available
- Fully Fitted
- With Car Park
- Close to Local Amenities
- Town Centre location
Business Details
Freehold Cafe restaurant for sale in Gosport Hampshire
Cafe and restaurant for sale.
20 covers in the dining area. 2 bed above
The business established
Over 30 years.
Retirement sale / viewing recommended. We have been owned this property and the business for 12 years . It was busy before but from last year until now the taking only around £1200 per week due to only open 4 hours a day 10am to 2pm because health problems and now want to retire, huge potential to open for longer hours as the cafe is situated in busy shopping town centre,it can be changed for any hot food to takeaway or a retail shop. It has self-contained 2 bed flat above. Currently renting £800 per month and can end the tenancy agreement any time. The property is gas central heating, the sizes of the property as follows: ground floor dining area 5.5mx3.7m. Kitchen 4.4mx2.7m. First floor lounge 4.4mx3.8m. Kitchen 4.4mx3.3m. 2nd floor bedroom 1 same size as the lounge. Bedroom two 4.5mx3.2m. Bathroom and toilet 2.2mx1.3m. All measurements are approx.
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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.
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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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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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