Cafe for sale in central Norwich with a loyal customer base and high foot traffic
Norwich, Norfolk
- Status
FOR SALE
- Advert ID
633350
- Leasehold: £75,000
- Rent: £17,000 (£1,417 per month)
- Turnover: £240,000 (£4,615 per week)
- Profit: Not Applicable
Key Features
- Established Business
- Prime Location
- Small Business
- Unique Business
Business Details
Cafe in the heart of Norwich
Established Cafe for Sale in Prime Norwich Location
This charming cafe, situated in the heart of Norwich, is now available for sale. With its prime location offering excellent street visibility and high foot traffic, this establishment boasts an established customer base and presents significant growth potential for new owners.
The cafe features a cozy interior ambiance, well-decorated and welcoming to a diverse clientele. Additionally, the exterior is equally attractive, allowing for outdoor seating that enhances the customer experience. The diverse menu appeals to a wide range of tastes, making it a popular choice among locals and visitors alike.
Asking price for the leasehold is £75,000, with an annual turnover of approximately £240,000. The current rent is set at £17,000 per year. All fixtures, fittings, and stock in the cafe are included in the sale price, offering a comprehensive opportunity for prospective buyers.
The business has been established for one year and has been owned by the current seller for the same duration. The reasons for selling stem from a relocation, providing a unique opportunity for a new operator to take over. The cafe currently maintains an online presence, which can be leveraged for further marketing and customer engagement.
Located in a bustling area filled with shops, restaurants, and public services, this cafe stands out as an attractive small business with additional potential for alternative uses. The free of tie leasehold adds to its appeal, offering flexibility for future owners.
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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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