Staff-Run Restaurant/Bistro in Middlesbrough North Yorkshire For Sale, Newly Refurbished
Middlesbrough, North Yorkshire
- Status
FOR SALE
- Advert ID
611326
- Reference
195210310 / Rightbiz
- Call Agent:
- Leasehold: £55,000
- Rent: £24,000
- Turnover: On request
- Net Profit: On request
Key Features
- Offers Invited
- Established Business
- With Car Park
- Town Centre location
- Potential for Alternative Use
- Fully Fitted
Business Details
Business For Sale: Staff Ran Restaurant Bistro In Middlesbrough
Parker Barras are delighted to bring this staff ran restaurant to the market.
The Prickly Pear Bistro is a self proclaimed "Hidden Gem" on the outskirts of Middlesbrough town centre operates seven days a week opening from 12pm - 9pm offering a range of traditional Teesside dishes.
The restaurant which was purchased by its current owner last year has seen heavy investment, including lots of new kitchen equipment, a new seating area, a new £14,000 electric blind to protect the customers from the sun, alongside fully refurbished toilets. (These toilets are communal in the centre)
Located in The TAD Centre in Middlesbrough the property benefits from plenty of on site car-parking and it offer a great service for the other tenants in the centre, there is scope to tap more into the centre and offer deals for its tenants.
The restaurant is held on a lease which is dated until August 2028 on a rent of £2,000 Per Month.
The business is for sale as the owner lives away and has other business ventures to focus on, the restaurant would highly benefit from an owner operator to take it to the next level.
We are advised the restaurant is currently taking £4000 Per week, there is huge scope to increase this.
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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.
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