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Prime Mediterranean Restaurant with Liquor License and Residential Flats in Leicester

Leicester, Leicestershire
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Vibrant Mediterranean restaurant in the affluent street Photo 1
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Vibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent streetVibrant Mediterranean restaurant in the affluent street
  • Status

    FOR SALE

  • Advert ID

    627166

  • Leasehold: £65,000
  • Rent: £19,200 (£1,600 per month)
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Prime Location
  • Price Reduced
  • Attractive Business
  • Offers Invited
  • Fully Fitted
  • Close to Local Amenities

Business Details

Vibrant Mediterranean restaurant in the affluent street

This thriving Mediterranean restaurant is located in a prime area with high street visibility in Leicester, an affluent university community. The establishment benefits from the vibrant local activity and excellent transport links, making it an attractive business opportunity.

The restaurant currently holds a premises license permitting the sale of alcohol and operates until 11 AM. However, there is potential to expand trading hours by applying for a later license. Enhancing social media and online presence could further attract new customers, increasing the reach and clientele base.

The business comes with two residential flats, a one-bedroom and a two-bedroom, included in the same lease. The rental income from these apartments is sufficient to cover the monthly rent of the entire property. This offers a unique opportunity for additional revenue generation.

This well-established business boasts over 20 years of success, with current ownership spanning four years. The fully equipped kitchen features modern appliances and ample storage, while the cozy bar area and stylish rustic design enhance the dining experience. The spacious dining space, elegant lighting, and comfortable seating add to the restaurant's charming ambiance.

The central location offers numerous nearby amenities, including a wide variety of shops, restaurants, and a library, which attract potential customers. Though currently lacking an online presence, the business is open to offering training for new owners, ensuring a smooth transition. All fixtures and stock are included in the sale price, making it a fully fitted and ready-to-operate opportunity.

Listed at a leasehold price of Ā£65,000 with an annual rent of Ā£19,200, this attractive and fully fitted business is also offering price reductions and is open to offers. With its strategic location and lucrative potential, it's an opportunity not to be missed. For further inquiries, please contact the provided number.

Reasons for sale include the owner's relocation to a different country, presenting a unique opportunity for interested buyers to acquire a business that operates with five employees and provides comprehensive training for seamless operation continuity.

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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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