Licensed Restaurant n Todmorden, West Yorkshire on Sale
Todmorden, West Yorkshire
- Status
FOR SALE
- Advert ID
629582
- Leasehold: £39,995
- Rent: £6,900 (£575 per month)
- Turnover: On request
- Profit: On request
Key Features
- New Lease
Business Details
Established Licensed restaurant
The business, a licensed indian restaurant has been established for the past ten years. Located in Todmorden, West Yorkshire, it benefits from proximity to local amenities such as shops, restaurants, and public services, which help attract a steady stream of customers.
Priced at £29,995 for the leasehold, the sale includes all fixtures, fittings, and stock, presenting a comprehensive opportunity for potential buyers. The restaurant has shown an increase in turnover over the past year, indicating a positive financial trajectory. The annual rent is set at £6,900.
The current owner is selling for religious reasons, offering a new lease to prospective owners wishing to continue and potentially expand this well-established business.
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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.
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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 number 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.
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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.'.
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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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