Versatile Fast Food Business with Pizza Shop for Sale in Busy Lincoln High Street
Lincoln, Lincolnshire
- Status
FOR SALE
- Advert ID
623567
- Leasehold: Price on Application
- Rent: £11,520 (£960 per month)
- Turnover: £78,000 (Ā£1,500 per week)
- Net Profit: On request
Key Features
- Prime Location
- Potential for Alternative Use
- Price Reduced
- Established Business
- Small Business
Business Details
Fast food business for sale in Lincoln
This listing presents an excellent opportunity for those seeking a vibrant location on Lincoln's main high street. A 12-year lease is available for a versatile property that can serve both residential and business purposes. It features a fully equipped pizza shop, ready for operation, complete with all necessary accessories.
The property comprises four rooms, three toilets, and two storage areas, offering ample space for various uses. Its prime location in the town center of Lincoln, Lincolnshire, makes it an attractive investment for those interested in establishing or expanding a business in a bustling area.
The fast food business included in the lease boasts an established presence in the community, with a current annual turnover of Ā£78,000. The leasehold opportunity is offered at an asking price of Ā£40,000, with a monthly rent of Ā£960, resulting in an annual rent of Ā£11,520. All existing stock is included in the sale, enhancing the value of this business proposition.
Potential buyers will appreciate the business's central location, which provides substantial foot traffic, making it ideal for continued success as a small business or an alternative commercial use. The reduced price offers an even greater incentive for interested parties.
For further details or to arrange a viewing, please contact us. This is a unique opportunity you won't want to miss!
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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 Ā£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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