Italian Restaurant for Sale in Northallerton North Yorkshire with 65 Seating Capacity
Northallerton, North Yorkshire
- Status
FOR SALE
- Advert ID
638116
- Leasehold: £60,000
- Rent: £18,000 (£1,500 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: Not Applicable
Business Details
Italian Restaurant for sale in Northallerton
Italian Restaurant for Sale in Northallerton, North Yorkshire
This well-established Italian restaurant offers a unique opportunity to acquire a vibrant dining business in a desirable location. With a seating capacity of 65, the restaurant features a stylish and inviting interior that combines modern aesthetics with rustic charm.
The establishment boasts a fully equipped bar, serving a diverse selection of beverages and wines, enhancing the customer experience. The spacious dining area is designed for comfort, ensuring that guests enjoy their meals in a welcoming environment. Having built a strong reputation within the community, this restaurant holds significant potential for growth and expansion, making it an attractive investment.
The business has been successfully operating for 8 years, and the current owner has maintained the establishment for the same duration. The leasehold price is set at £60,000, and the restaurant generates an annual turnover of £364,000. The annual rent for the property is £18,000.
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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.
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.
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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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