Licensed bar and kitchen for sale in Oakham Rutland, established in 2021 with growth potential
Oakham, Rutland
- Status
FOR SALE
- Advert ID
656791
- Reference
591745 / Rightbiz
- Call Agent:
- Leasehold: £59,950
- Turnover: £260,000 (£5,000 per week)
- Profit: Not Applicable
Business Details
Licenced Trade, Pubs & Clubs For Sale in Rutland
BAR AND KITCHEN in Rutland for Sale.An outstanding opportunity to acquire a stylish licensed bar and kitchen in the heart of Rutland. Established in 2021, the business has built an excellent reputation for quality drinks, customer service and a vibrant atmosphere, attracting both local residents and visitors.
Situated in one of the East Midlands' most affluent and attractive market towns, the business benefits from a strong local economy and significant tourism. Excellent road and rail links provide easy access to Leicester, Peterborough, Stamford and surrounding areas.
Weekly turnover £5,000. Currently operated with a small team of part-time staff, the business generates approximately 70% of sales from drinks and 30% from food. This presents a clear opportunity for a new owner, particularly a chef proprietor, to maximise the potential of the underutilised kitchen and increase food revenue. Further growth could be achieved by reviewing current opening hours, including introducing Sunday trading to take advantage of strong local demand for dining.
Combining a prime location, exceptional presentation, quality fixtures and fittings, and significant growth potential, this is a rare opportunity to acquire a turnkey hospitality business in one of the region's most desirable market towns.
The premises feature a striking glazed frontage and a beautifully presented interior, reflecting significant investment by our client. The spacious trading area offers a contemporary setting for both drinking and dining, complete with modern furnishings, feature lighting and an impressive central bar. A fully fitted commercial bar serves a wide range of wines, cocktails, spirits and beers, while the high-quality commercial kitchen provides excellent scope to expand the food offering. Customer toilet facilities are also provided. EPC Band C
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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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