Leasehold Restaurant for Sale in Ambleside - The Priest Hole
Ambleside, Cumbria
- Status
UNDER OFFER
- Advert ID
638448
- Reference
The Priest Hole Restaurant / Rightbiz
- Call Agent:
- Leasehold: £125,000
- Rent: £38,722 (£3,227 per month)
- Turnover: On request
- Profit: On request
Key Features
- Attractive Business
- Retirement Sale
- Established Business
- Prime Location
Business Details
Fantastic opportunity to acquire the Leasehold Restaurant business The Priest Hole Ambleside
The Priest Hole occupies a prominent position in a prime trading location in the centre of the popular Lake District village of Ambleside. Well known for its natural beauty and being at the “hub” of the Lake District for visitors it is an increasing popular base for a range of outdoor activities and shopping attracting visitors from all corners of the globe 12 months a year.
Business
The business has been trading under the same ownership for some 14 years and is a popular restaurant in Ambleside and has a well established turnover to match. Trading accounts will be made available to genuinely interested parties after a viewing. The business is held on a secure new renewable commercial lease with 12 years remaining. The passing rent is £38,722 per annum on a full repairing and insuring lease and with rent reviews every 3 years.
Viewings
The Priest Hole is a fully operational business, therefore all viewings are to be undertaken strictly by prior appointment with the agents.
Rateable Value
£21,250. Amount payable £6,362. This could be reduced to ZERO if the purchaser is entitled to Small Business Rates Relief. More details can be obtained from Westmorland and Furness District Council 01539 733333.
Services
Mains water, electric, gas and drainage.
Tenure
Leasehold
Directions
From Ambleside office turn left on to King Street then left again on to Church Street and The Priest Hole can be found at the top of the street on the left.
What3words//////offhand.movements.money
Anti Money Laundering Regulations (AML)
Due to the Money Laundering Regulations, now officially known as Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 we are required to follow government legislation and carry out identification checks on all purchasers. We use a specialist third party company to conduct these checks at a charge of £40 VAT per buyer once an offer has been accepted and you will be unable to proceed with the purchase of the property until these checks have been carried out. This charge is non-refundable.
Contact Agent
Energy Performance Certificate (EPC)
Particulars / More Information
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
Contact seller
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
Get Solicitor
