Licensed venue for events and performances in Shoreditch, City of London
City of London, London
- Status
FOR SALE
- Advert ID
644968
- Leasehold: £65,000
- Rent: £20,000 (£1,667 per month)
- Turnover: £200,000 (£3,846 per week)
- Profit: Not Applicable
Key Features
- Long-term business operational history
- Supportive local network
- Attractive leasehold opportunity
- Customised experiences for clients
Business Details
Licensed venue in heart of Shoreditch
A sought-after lifestyle business and event space located in the heart of Shoreditch. The Old Street Gallery venue is fully licensed for alcohol, live performances, DJs, and ticketed events, offering excellent flexibility for a wide range of uses.
Currently operated on a part-time basis as a hobby alongside other business interests, this is an easy-to-manage operation with very low ongoing overheads and strong potential for growth if run full-time.
The sale is due purely to personal circumstances, as the owner is planning to retire abroad. A rare opportunity to acquire an established, well-located venue in one of London’s most desirable cultural hubs.
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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.
Be safe, use a Rightbiz Solicitor
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