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Prime Location Award-Winning Restaurant and Takeaway with Residential Property for Sale in Wakefield

Wakefield, West Yorkshire
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  • Status

    FOR SALE

  • Date Submitted:

    22/04/24

  • Advert ID

    610125

  • Reference

    590469 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £129,950
  • Turnover: £468,000 (£9,000 Per week)
  • Net Profit: Not Applicable

Business Details

Restaurants For Sale in Wakefield

RESTAURANT AND TAKEAWAY in Wakefield for Sale.

A fantastic opportunity to acquire this popular restaurant and takeaway business occupying a truly prime main road trading position on the fringe of the West Yorkshire town centre. The business was established by our client in 2017 during which time it has won a number of awards and build up a loyal customer base. The business trades from substantial leasehold premises with sensible rent and the added benefit of residential accommodation presently sub-let, returning £800 per calendar month and making the net rental liability £1,150 per calendar month. The business trades in easy hours over five days generating a strong turnover of £8,000 to £10,000 weekly, largely split equally between eat-in and takeaway customers, generated via the usual food portals (Deliveroo, Just Eat and Ubereats) together with the business’ own website and app. Our clients are looking for a new challenge closer to home due to younger family commitments - a wonderful chance for enthusiastic new owners to further develop this popular restaurant and takeaway.

Comprising ground floor takeaway and customer service area leading to spacious and well equipped commercial kitchen which many larger restaurants would be envious of. Secondary kitchen / food preparation area and two good sized store rooms with ample refrigeration. Secure enclosed yard to rear leading to two outbuildings providing additional dry and refrigerated storage space. Restaurant area seating 32+ in comfort. First floor provides residential accommodation presently sublet to staff, comprising lounge, kitchen, double bedroom, shower and WC. Second room presently used as additional store room for restaurant but could also be used as a second bedroom if so required. There are additional first floor rooms at present unused but would be ideal for conversion either in to additional restaurant space or to complement the existing residential accommodation (subject to any necessary consents).
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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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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.

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