FOR SALE
658246
An exceptional opportunity awaits to acquire a prominent restaurant and bar situated in the heart of Wolverhampton city centre. This established business offers a fully fitted venue, ready for a new owner to step in and enhance its potential.
The asking price for this expansive establishment stands at £99,999, accompanied by a monthly rent of £2,000. With a capacity to accommodate approximately 120 patrons, the scale of this business is impressive, making it ideal for various hospitality concepts.
Currently operating as an Indian Bar & Grill, the venue offers the flexibility to adapt into a diverse array of dining experiences, including cafés, brunch spots, or casual restaurants. While the business predominantly operates during evening hours, there lies substantial potential for a new proprietor to capitalise on morning and afternoon trade. Introducing breakfast, brunch, lunch, coffee, takeaway, or all-day dining could significantly enhance revenue streams, particularly given the high footfall in the town centre.
Key Features of the Venue
The premises boast several key features that contribute to its appeal:
With excellent transport links and a vibrant local environment, the venue is perfectly positioned to attract a diverse clientele. It allows for the immediate takeover without the hefty expenses typically associated with starting from scratch, making this an enticing investment for various operators.
This opportunity is particularly suited for an experienced restaurant operator looking to expand, or a new entrepreneur eager to introduce a fresh concept to the city. Serious inquiries are encouraged, and further information is readily available to genuinely interested parties.
Viewing is highly recommended to appreciate the full potential of this thriving establishment. Those interested are invited to message for viewing arrangements or to explore additional details.
The premises are designed with modern aesthetics, featuring stylish seating arrangements and ambient lighting that enhances the dining experience. The bar area is well-equipped, offering a wide variety of beverages, while the spacious dining area accommodates large groups and private events. High-quality furnishings and decor contribute to a welcoming atmosphere, complemented by well-maintained kitchen facilities that support diverse culinary offerings.
This restaurant has been established since 2023 and has been under the current ownership for three years. The location boasts nearby amenities, including shops, restaurants, and public services that help attract customers. Notably, there is minimal competition in the area, further enhancing the appeal of this opportunity. Additionally, all fixtures and fittings are included in the price, and there has been a noticeable increase in turnover over the past year.
For those concerned about the transition, training opportunities will be offered to the new owners, ensuring a smooth handover. This is a unique chance to invest in a restaurant business in a sought-after location, with all stocks included in the purchase price of £99,999, along with an annual rent of £24,000.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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