Prime Location Vacant, Fitted Bar/Restaurant in North Hill, Colchester for Sale
Colchester, Essex
- Status
FOR SALE
- Advert ID
631003
- Reference
RX582032 / Rightbiz
- Call Agent:
- Leasehold: £65,000 (Stock at valuation)
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Vacant Fitted Bar Restaurant North Hill, Colchester
An exceptional opportunity to acquire a fully fitted, well-established restaurant and bar situated in a prime location in Colchester town centre. 11a North Hill offers a blend of historic character and contemporary style, extending to approximately 1,920 sq. ft. across two floors.
The ground floor features a striking open-plan bar, kitchen and seating area, a separate dining space, two reception zones, outdoor kitchen, WC, wine store, and additional storage. The first floor offers a further dining room, WC, staff facilities, and a dry store.
Positioned just off the High Street, and adjacent to a multi-storey car park, the restaurant benefits from excellent visibility, footfall, and convenience.
This is a turnkey opportunity ideal for an experienced operator or a new concept looking to take advantage of a thriving central location with minimal setup cost. RX582032
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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.
Be safe, use a Rightbiz Solicitor
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