Mediterranean Restaurant with 2-Bedroom Flat and Storage Unit for Sale in Luton
Luton, Bedfordshire
- Status
FOR SALE
- Advert ID
618225
- Leasehold: £100,000
- Rent: £33,600
- Turnover: £240,000 (£4,615 Per week)
- Net Profit: £1,000 (1% Profit margin)
Key Features
- Prime Location
- Unique Business
- Ideal for Full Refurbishment
- Attractive Business
- Fully Fitted
Business Details
Mediterranean restaurant for sale in luton
A Mediterranean restaurant in the prime location of Bury Park, Luton is available for sale. The leasehold price stands at £100,000. This unique business offers an attractive opportunity for potential investors. The offering includes a thoughtfully furnished restaurant with a fully-fitted kitchen, ensuring a turnkey purchase.
Profit margins are appealing with the current turnover at £240,000 and a profit of £1,000. Included in the purchase is a valuable stock inclusive deal, making this establishment an attractive investment. The business also comes with a bonus addition: a 2-bedroom flat and a storage unit located within the premises. The current lease agreement extends for a secure tenure of 15 years.
This Mediterranean restaurant lends itself to a full refurbishment, providing an ideal prospect for buyers aspiring to bring a fresh vision to an established business. All these factors combined make this a remarkable proposition for culinary entrepreneurs looking to step foot in the Mediterranean cuisine sector.
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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.
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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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