High Trading Inn for Sale in Famous Riverside Town, Worcestershire
Upton upon Severn, Worcestershire
- Status
FOR SALE
- Advert ID
611487
- Reference
87393 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Town Centre location
- Trade Gardens Available
- Fully Fitted
- Prime Location
Business Details
WORCESTERSHIRE FAMED RIVERSIDE TOWN HIGH TRADING INN
Two bars, two restaurants, function room
17 en suite letting bedrooms, two owners/staff flats
Excellent garden (100 plus) with river views
T/O £500,000 per annum
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As one would deduce from its name, the market town of Upton-upon-Severn stands alongside the River Severn. It is a popular town that attracts tourists throughout the year with its riverside moorings, pleasure boat trips and attraction to anglers well known. Â Furthermore, it has an annual, nationally renowned music festival. It has a bustling town centre where The Star Hotel is located on the edge of the same, adjacent to the Parish Church and with its trade garden overlooking the river to the rear. Â It is a well presented and a successful business which has been owned by the same private multiple operators for 20 years. Â They are now looking to transfer the property from being operated under management to third party tenants; the terms of this proposed letting are detailed later in these particulars. Â
The property offers five separate trading areas, 17 en suite letting bedrooms and two flats, together with an excellent trade garden.
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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.
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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