Town Centre Thai Restaurant for Sale in Stone, Staffordshire
Stone, Staffordshire
- Status
FOR SALE
- Advert ID
623714
- Reference
95339 / Rightbiz
- Call Agent:
- Leasehold: £40,000 (Stock at valuation)
- or
- Freehold: £525,000 (Stock at valuation)
- Rent: £24,000 (£2,000 per month)
- Turnover: £259,647 (£4,993 per week)
- Net Profit: £55,919 (22% Profit margin)
Key Features
- Attractive Business
- New Lease
- Fully Fitted
- Close to Local Amenities
- Established Business
- Prime Location
- Free of Tie Leasehold
- Town Centre location
- Accounts Available
Business Details
STAFFORDSHIRE TOWN CENTRE THAI RESTAURANT
Established Thai restaurant and takeaway in prime town centre location - freehold and leasehold options available
Sizeable town centre building
Established Thai restaurant
Ground floor restaurant (54)
First floor trade area (30)
Four bedrooms
Net sales for year ending 31/03/2024 £259,647
SELLER REF 95339
FREEHOLD £525,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
LEASEHOLD: £40,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
VAT will apply on the sale of this property and will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Contact Agent
Energy Performance Certificate (EPC)
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
