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Hot food restaurant for sale in Sheffield South Yorkshire

Sheffield, South Yorkshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    633401

  • Leasehold: £249,000
  • Rent: £32,448 (£2,704 per month)
  • Turnover: £520,000 (£10,000 per week)
  • Profit: Not Applicable

Key Features

  • Established Business
  • High Turnover
  • Offers Invited
  • Town Centre location

Business Details

Hot food restaurant for sale

Business for Sale in the Heart of Sheffield

We are pleased to present an established hot food restaurant located on the bustling Devonshire Street in Sheffield, South Yorkshire. This vibrant area, rich in foot traffic, is surrounded by various amenities including bars and pubs, making it an attractive location for both locals and visitors.

Business Details

This well-established restaurant has been operational for one year, during which it has built a solid turnover of £520,000. The leasehold for the business is available for £249,000, with an annual rent of £32,448.

Key Features

The restaurant comes fully fitted with all necessary fixtures and fittings included in the sale price. Additionally, all stock is part of the acquisition, providing a seamless transition for the new owner.

Opportunities

This is a prime opportunity for anyone looking to enter the hospitality industry in a thriving location. We are inviting offers for this established business, and we encourage interested parties to act quickly.

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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.

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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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