Bar and kitchen for sale in Cottingham East Riding of Yorkshire with live music and outdoor space
Cottingham, East Riding of Yorkshire
- Status
FOR SALE
- Advert ID
651510
- Reference
591611 / Rightbiz
- Call Agent:
- Leasehold: £120,000
- Turnover: £403,000 (£7,750 per week)
- Profit: Not Applicable
Business Details
Licenced Trade, Pubs & Clubs For Sale in Cottingham
POPULAR BAR, KITCHEN AND LIVE MUSIC BUSINESS in Cottingham for Sale.A hybrid bar and restaurant in the centre of this historic and vibrant large village in East Yorkshire. Bustling high street renowned for its dining and drinking scene, as well as independent boutiques. The village enjoys a good mix of locals, visitors and tourists all year around.
Live music nights are also incredibly popular - our client hosts them three times a week, and they generate significant bar revenue. Food is generally served from noon until 8pm, after which the bar and live music lights up the scene. Weekly turnover £7,500 to £8,000.
Highly prominent building within which the business occupies the ground floor with double wide frontage and full-height windows. Entered via the front or alternatively accessed from a smart beer garden to the rear. Open plan, L-shaped dining room spaciously arranged to accommodate 55 to 60 customers. Long drinks bar servery. Several flat screen TVs. Commercially equipped catering kitchen. Refrigerated beer cellar with food chillers. Comms room with bottle store. Gents WC and ladies / disabled persons WC. Double patio doors lead to a raised deck beer garden with seating for 26 but can accommodate 50 standing. Staff parking for two or three cars. Should new owners wish to extend the operation to the vacant first floor, this is available by separate negotiation with the landlord for an additional rent of circa £6,000 per annum. EPC Band D
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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.
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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.
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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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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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