Licensed Tapas Kitchen & Bar for sale in Sherwood Nottinghamshire
Sherwood, Nottinghamshire
- Status
SOLD
- Advert ID
640967
- Reference
3862 / Rightbiz
- Call Agent:
- Leasehold: £25,000 (Stock at valuation)
- Rent: £7,200 (£600 per month)
- Turnover: £156,000 (£3,000 per week)
- Profit: On request
Key Features
- Accessible street parking options
- Active online presence
- Affordable rental terms
- Alcohol licensing for on-premises consumption
Business Details
Vibrant, licensed TAPAS KITCHEN & BAR, Sherwood, Nottingham ‘FOR SALE’.
Unique, profitable Tapas Kitchen & Bar with low overheads.
Vagari World Tapas & Kitchen serves an 'on trend' menu of colourful and flavourful tapas dishes, Spanish wines, cocktails and both bottled and draft beers. delicious tapas from around the world. Based in vibrant and eye catching premises in the heart of Sherwood and benefitting from low overheads.
Vagari World Tapas was established from scratch in 2024. The current owner has rapidly gained a loyal clientele due to the high quality food and excellent menu options. The menu is regularly changed and always includes meat free and vegan dishes. Customers can choose to dine in the popular heated 'pod', in the garden area or upstairs in The Winchester Bar. With weekly sales continuing to increase and platforms such as Uber Eats for deliveries and outside catering yet to be explored, Vagari World Tapas still has huge potential.
- PRICE: £25,000 s.a.v. (Reduced from £35,500 S.A.V.).
- Tenure: Leasehold.
- Term: 1 year remaining. We understand that a new lease will be made available for the new tenant.
- Rent: £600.00 pcm, incl internet.
- Rates: £nil with SSBR
- The ground floor premises consist of a fully equipped Kitchen, a large heated ‘pod’ which seats 12 internally and an eye-catching outdoor seating area with approximately 40 covers. The fully heated pod is a very popular feature and provides a unique dining experience for regular diners and parties.
- Stock Level. To be taken at valuation. Estimated at £3,000.
- Staff. A team of 4 (increasing to 5 in the summer). Each shift requires 1 cook and 1 runner. A handover is included in the sale.
- Trading Hours. 5pm to 10pm Wednesday, Thursday and Friday, Midday to 10pm Saturday. Closed Monday, Tuesday and Sunday.
- Takings. We are advised these average £1,500 - £2,000 per week in winter and £3,000 - £4,500 per week in the summer. NB; these figures are based on just 1 years of trading. Growth is predicted now that the business is established and known in the area.
Summary. This is an excellent exciting opportunity for a passionate foodie to own their own, established business. The business model has been proven to work and is profitable; many businesses do not always achieve this within the first year of trading. The turnover has not plateaued. Act quickly to secure this exciting business with low outgoings.
For the full sales particulars, or to arrange a viewing, please complete the enquiry form. By all means visit as a customer but please do not approach the staff to discuss the sale of the business. All formal viewings are to be arranged thorugh the agents, Ellis & Ellis Business Transfer Agents.
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This business has now been sold. We are currently awaiting final confirmation from the seller or their agent. Please check back soon for updates.
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
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