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Prime Wakefield City Centre Restaurant With Loyal Customer Base For Sale

Wakefield, West Yorkshire
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  • Leasehold: £94,950
  • Turnover: £169,000 (£3,250 Per week)
  • Net Profit: Not Applicable

Business Details

Restaurants For Sale in Wakefield

RESTAURANT in Wakefield for Sale.

A wonderful opportunity to acquire one of the best kept restaurants seen in a very long time, fit out to the highest of standards throughout. The business is family run and was established by our client in 2018, during which time it has developed a strong reputation with loyal customer base. Only ill health forces reluctant sale. Weekly turnover £3,000 to £3,500. Our clients operate the business in very limited hours over four evenings weekly - oozing potential for enthusiastic working owners to extend openings and introduce an alcohol licence to significantly increase trade. The premises occupy a prime trading position in the heart of Wakefield city centre, nestled amongst other bars and restaurants. Held on secure lease with low rent and comprise double glass fronted restaurant providing 28 covers but space to add more if necessary. Bar and servery area leading to a spacious and well equipped commercial kitchen. Store room and WC. Premises have the benefit of newly fitted double glazing, burglar alarm and CCTV system. EPC Band B.
Stock £5,000.
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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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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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The data showed regarding this advert 'Restaurants For Sale in Wakefield - 590694 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.