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Prime Kingston upon Hull African Restaurant and Bar Business for Sale

Kingston Upon Hull, East Riding of Yorkshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    628355

  • Leasehold: £35,000
  • Rent: £20,000 (£1,667 per month)
  • Turnover: Not Applicable
  • Profit: On request

Key Features

  • Currently Closed

Business Details

African Restaurant and Bar for sale in Kingston upon Hull

The African Restaurant and Bar in Kingston upon Hull, East Riding of Yorkshire, is up for sale. This offers a remarkable opportunity for anyone looking to invest in the hospitality sector.

Strategically located, the restaurant benefits from a well-structured and spacious kitchen, accommodating the needs of a busy culinary environment. Its position in a prime area makes it easily accessible to patrons, enhancing its potential as a thriving business.

The leasehold price is set at £35,000, with an annual rent of £20,000. A significant advantage of this sale is that all existing stock is included in the price, easing the initial transition for the new owner. Please note that the restaurant is currently closed.

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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 'African Restaurant and Bar for sale in Kingston upon Hull ' 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.