Prime Location Durham City Centre Restaurant Property on Silver Street for Sale with High Footfall
Durham, County Durham
- Status
SOLD / WITHDRAWN
- Date Submitted:
14/03/24
- Advert ID
608245
- Leasehold: £43,000
- Rent: £14,000
- Turnover: On request
- Net Profit: On request
Key Features
- High Turnover
- Town Centre location
- Prime Location
Business Details
Durham City Centre Silver Street Restaurant Property for Sale: High Footfall and prime location
An extraordinary opportunity awaits with this exceptional restaurant property nestled in the heart of Durham's bustling city centre. Situated on the vibrant Silver Street, this two-story establishment boasts a prime location with high footfall, making it a coveted spot for food enthusiasts and locals alike.
The premises, spanning approximately 50m2, are currently home to a thriving Asian fusion restaurant, offering a tantalising menu that delights the senses. With its versatile layout and well-appointed interior, this property presents an exciting opportunity for entrepreneurs looking to embark on an new venture. The lease for this property has three years remaining, providing stability for prospective owners and ample time to capitalise on the lucrative opportunities of this prime location.
In addition to its charming indoor space, the property features a deck area, perfect for outdoor dining or creating a welcoming ambiance for patrons. The ability to offer takeaway services further enhances the business potential, catering to the dynamic needs of the local community and the bustling student population of Durham.
Durham, renowned for its prestigious university and rich historical landmarks, attracts visitors year-round, ensuring a steady stream of customers to this coveted location. With its proximity to the scenic riverbank and the iconic cathedral, this property enjoys unrivalled exposure in one of Durham's most sought-after region.
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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.
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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.
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.
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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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