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100 Cover Restaurant with Apartment for Sale in Bury St Edmunds, Suffolk

Bury St Edmunds, Suffolk

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    640537

  • Leasehold: £300,000
  • Rent: £40,000 (£3,333 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • A3 licensed for food service
  • Ability to capture untapped markets
  • Ability to handle large events
  • Absence of nearby competition

Business Details

100 cover Restaurant with Apartment

Well-established restaurant in the heart of Bury St Edmunds, Suffolk.

This spacious establishment, covering over 500 square metres, boasts the capacity for 100 covers and includes an apartment, making it an ideal investment for both seasoned restaurateurs and newcomers to the business.

The restaurant is not only renowned for its inviting ambiance but also features exceptional kitchen facilities, perfect for a wide range of culinary delights. Positioned in a bustling city centre with easy access to various amenities, this location attracts a steady stream of customers. The leasehold is available until 2036 at an annual rent of £40,000, which is remarkably low given the quality of fixtures, fittings, and kitchen equipment on offer.

This vibrant business has a four-year track record of success under the current ownership, which is equally impressive. With a capable team of 17 employees, the establishment also has an active online presence, enhancing its reach and appeal. Importantly, the current owners are committed to supporting the transition with training opportunities for the new owners, ensuring a seamless handover of operations.

Investment Highlights

The leasehold price for this remarkable opportunity is set at £500,000. Here are some compelling features that make this restaurant a valuable investment:

  • Licensed for A3 food service, accommodating a variety of dining options.
  • Potential to capture untapped markets and expand offerings.
  • Capacity to host large events, providing additional revenue streams.
  • Favourable lack of direct competition in the vicinity.
  • Generous interior space with modern seating and dining arrangements.
  • Access to high-quality utilities and excellent nearby transport links.
  • Well-maintained premises, fixtures, and a comprehensive inventory included.
  • Separate living accommodation, enhancing the lifestyle appeal for owners.
  • Abundant parking and yard space, facilitating logistics and events.
  • Adaptable business model to cater to various customer needs.
  • Affluent location demographics and residential customers ensure strong demand.
  • Competitive advantages, including an alcohol license and safety features.

This is a unique opportunity to invest in a thriving restaurant business within a vibrant community. With its established customer base, exceptional facilities, and potential for growth, this well-appointed restaurant is ready for a new owner to take it to the next level.

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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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