Leasehold Restaurant for Sale in Lichfield Staffordshire with Fully Equipped Kitchen
Lichfield, Staffordshire
- Status
FOR SALE
- Advert ID
643768
- Leasehold: £150,000 (Stock at valuation)
- Rent: £22,800 (£1,900 per month)
- Turnover: On request
- Profit: On request
Key Features
- Leasehold sale with fixtures included
- Year-round trading hours
- Fixed weekly rent cost
- Free delivery service
Business Details
Leasehold Restaurant for Sale in Lichfield, Staffordshire
We are pleased to present an exceptional opportunity to acquire a well-established and high profitable restaurant in a prime location in Lichfield. This restaurant has been a cornerstone of the community for nearly 40 years, boasting a loyal customer base and an outstanding reputation that extends well beyond the local area. With the capacity to accommodate approximately 70 covers, the premises are strategically situated in a bustling area with high foot traffic.
Recently, the restaurant has undergone a significant refurbishment, with investments exceeding £25,000, which include a state-of-the-art cold room and upgraded facilities. The venue is fully equipped and operational, providing a genuine turnkey opportunity that requires no further capital expenditure. This makes it an ideal prospect for an experienced operator or investor looking to step into a stable, income-generating business with clear prospects for enhancing profitability through consistent, strong trading.
The sale is prompted solely by the owner's retirement, presenting a rare chance for a new owner to step into a thriving business with a loyal clientele.
The vibrant and spacious interior is designed to accommodate family gatherings and celebrations, creating a welcoming atmosphere for patrons. It features an established customer base, as demonstrated by busy service during peak hours. The fully equipped kitchen is ready for immediate operation, specialising in Indian cuisine and well-suited to the demands of a diverse clientele. Comfortable seating arrangements, including booths and tables designed for larger groups, enhance the dining experience.
Business Highlights
The restaurant is perfectly positioned amidst excellent year-round tourism, contributing to its sustained success. The competitive landscape in the area is manageable, ensuring a solid customer inflow. Included in the asking price are all fixtures and fittings, ensuring that the new owner can start operating without delay.
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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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