Café Bar Restaurant for Sale in Loftus North Yorkshire with Renovated Space and Beer Garden
Loftus, North Yorkshire
- Status
FOR SALE
- Advert ID
650375
- Leasehold: £24,995
- Rent: £6,000 (£500 per month)
- Turnover: £90,000 (£1,731 per week)
- Profit: On request
Key Features
- Lounge bar and restaurant
- Low operating costs
- Luxury interior design
- Male and Female Toilets
Business Details
Cafe Bar Restaurant for sale Loftus
PROPERTY DESCRIPTION
An exceptional opportunity to acquire the leasehold of Micklow Taps, a thriving and
well-established mixed-use bar, café and restaurant situated in the heart of Loftus, a
sought-after town close to the stunning Saltburn-by-the-Sea coastline in North
Yorkshire. This is a rare chance to step into a fully operational, recently renovated
business that is trading successfully and benefiting from zero business rates —
dramatically reducing overheads and maximising profitability from day one.
THE PREMISES
Micklow Taps occupies a prime high street position in the centre of Loftus, benefiting
from excellent footfall and prominent street presence. The premises extend to
approximately 120 square metres (1,292 sq ft) of well-presented trading space, recently
renovated throughout to a high standard.
Internally, the venue comfortably seats up to 34 covers in a stylish and welcoming
environment, with the flexibility to accommodate up to 60 guests for private events,
functions and special occasions. To the rear, the property benefits from a charming beer
garden — ideal for al fresco dining and drinking during warmer months. Convenient
public parking is available directly outside the premises, making the venue easily
accessible for customers from across the area.
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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.
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