Restaurant and bar for sale in Moreton in Marsh Gloucestershire with recent refurbishments
Moreton in Marsh, Gloucestershire
- Status
FOR SALE
- Advert ID
644963
- Leasehold: £50,000 (Stock at valuation)
- Rent: £22,500 (£1,875 per month)
- Turnover: On request
- Profit: On request
Key Features
- Established business with healthy trade
- Licensed premises
- High visibility and accessibility
- Prominent trading location
Business Details
Restaurant Bar for Sale in The Cotswolds
Located in the heart of the popular Cotswold town of Moreton-in-Marsh, Gloucestershire
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Much improved by the vendors, with previous owners completing a £20,000 refit in January 2020, and the current vendors carrying out further refurbishments in January 2023 and annually thereafter
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Attracting both local and tourist trade
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Strong social media following
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Class A3 (Restaurant & Café) planning consent
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Dinner offerings on Friday and Saturday evenings, with scope to increase
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Individual and attractive stone-built period premises, seating 44 within the restaurant/café, plus pleasant alfresco courtyard seating for 60
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Leasehold – 10 years from December 2022 at £22,500 per annum rent, plus £5,488.44 per annum service charge
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£35,000 gelato-making equipment; gross profit on gelato is very high, at upwards of 80%, with potential to develop wholesale gelato sales
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An alcohol and music licence is held
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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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