Boutique restaurant for sale in Presteigne Powys with seating and garden dining options
Presteigne, Powys
- Status
FOR SALE
- Advert ID
640375
- Reference
96031 / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Rent: £10,512 (£876 per month)
- Turnover: £115,000 (£2,212 per week)
- Profit: On request
Key Features
- Lease with remaining term
- Licensed and fully operational
- Licensing for food and alcohol
- Little local competition
Business Details
POWYS – TOWN CENTRE BOUTIQUE RESTAURANT
Town centre location, lock up restaurant
Boutique restaurant seating 30Â
Garden with external dining seats
Net turnover £115,000, huge scope to increase
Pavement seating for 4 customers
Fully fitted commercial kitchen
Â
Location
Presteigne is a town and community on the banks of the River Lugg in Powys, Wales. The market town is located on the England/Wales border which surrounds it to the northeast and south. Presteigne was formerly the county town of the historic county of Radnorshire. Despite being in Wales, it is a part of the Diocese of Hereford in the Church of England.
Presteigne’s surrounding countryside is breathtaking, and the drive from Presteigne to Aberystwyth was voted one of the 10 most drives in the world by AA.
The Offas Dyke Path runs adjacent to Presteigne and subsequently benefits from many of the walkers.
The bustling and vibrant market town of Presteigne is located some 4 miles north of Kington, and some 5 miles southeast of Knighton. In the 2021 census report showed it had a population of 2,710.
The Property
This Grade II listed property is terraced and appears to be constructed in the main of brick and stone, with part rendered and colourwashed elevations under a pitched roof. The property is briefly described as follows:-
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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.
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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