Bar and restaurant for sale in Middlesbrough at The Chairman, 17 - 19 Bedford St.
Middlesbrough, North Yorkshire
- Status
FOR SALE
- Advert ID
637431
- Reference
221084976 / Rightbiz
- Call Agent:
- Leasehold: £60,000
- Turnover: On request
- Profit: On request
Business Details
For Sale The Chairman, 17 19 Bedford St, Middlesbrough TS1 2LL
For Sale - The Chairman, 17 - 19 Bedford St, Middlesbrough TS1 2LL
The Chairman, 17 - 19 Bedford St, Middlesbrough TS1 2LL
Parker Barras are delighted to offer this bar and restaurant to the market, located on Middlesbrough's popular Bedford Street.
The business which offers both food and drinks offerings, serves dishes such as Sunday Dinners, Burgers and Parmesans, currently operating only 5 days a week as follows.
Monday - Closed
Tuesday - Closed ( May open for Middlesbrough FC home games)
Wednesday - 12- 10 pm
Thursday - 12 - 10 pm
Friday 12 - 11 pm
Saturday 11am - 12am
Sunday 12pm - 5pm
The property is comprised internally of an open plan seating area with inside covers for 55 people, alongside a built in bar, with an open window fully fitted commercial kitchen. Externally there is 4 picnic benches specifically for The Chairman, and these offer an extra 16 - 20 seats in the summer month with the relevant pavement licence.
The restaurant has recently had some newly installed fixed seating, new bar fittings, & improved decor. The well appointed commercial kitchen also has had some recently new equipment including a new hob & fryers. The entire property has been particularly well maintained and improved to a high standard.
A special feature of the business is its offering of Sunday dinners & popular bottomless brunches.
Currently the business is licensed until Midnight every day.
The rateable value of this property is - £12,250 - There may be some slight relief on business rates for this business and it is advised that you take independent advice from the local authority in relation to this.
The property is held on a lease for £1,300 (including VAT) per month. There is only 10 months remaining on their current lease, it is expected the landlord will offer a new lease.
For Sale - £60,000
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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.
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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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