Prime Location Wine/Tapas Bar in Llangollen Town Centre, Denbighshire For Sale
Llangollen, Denbighshire
- Status
FOR SALE
- Date Submitted:
21/12/23
- Advert ID
604209
- Reference
94541 / Rightbiz
- Call Agent:
- Leasehold: £75,000 (Stock at valuation)
- Rent: £18,000
- Turnover: £300,000 (£5,769 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- Close to Local Amenities
- Prime Location
- Accounts Available
- Established Business
- Free of Tie Leasehold
- Town Centre location
Business Details
DENBIGHSHIRE TOWN CENTRE WINE TAPAS BAR
Wine/Tapas Bar in prime town centre location with huge potential for growth
Historic market town
Prime town centre location
Main bar/restaurant (50)
First floor trade area (30)
Huge potential for growth
Net sales Y/E March 2023 - £300,000
Leasehold Offers Over £75,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.
The property is held on a fully repairing and insuring lease from a private individual for a term of 10 years, commencing February 2019. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent is currently £18,000 per annum. 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
Energy Performance Certificate (EPC)
Listing Statistics
Contact the seller for more details, or book a viewing
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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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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.
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Contact seller
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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