16-Year Established Pizzeria in Cardiff - Prime Location, Profitable & Affordable Lease
Cardiff Town, Cardiff
- Status
UNDER OFFER
- Date Submitted:
01/03/23
- Advert ID
509142
- Reference
DHAC/2023/Frankies / Rightbiz
- Call Agent:
- Asking Price: £25,000
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- Potential for Alternative Use
- Small Business
- Offers Invited
- Established Business
- Fully Fitted
- Close to Local Amenities
Business Details
Pizzeria with 16 Year Trading History Attractive Lease at Affordable Price
NEWLY REDUCED - ONLY £25,000.00
A newly available and highly affordable pizzeria situated in a prominent Roath location. This profit earning business, with an extensive 16 year trading history, is available to those looking for either a going concern with existing trade or a site with potential change of use. A transitional period is available where the current owner can assist interested buyers by introducing them to the business and its existing cliental.
The property, circa 500sqft, consists of a front-of-house trading area, a rear kitchen with pizza oven and extraction canopy system, staff facilities and a private rear courtyard with potential for additional storage or a some outdoor seating area. There is an additional basement area with potential for further storage.
Positioned on the junction adjacent to high footfall commercial parades on Albany Road, City Road and Crwys Road, this commercial unit is perfectly located for serving Cardiff\'s densely populated and takeaway fond student districts.
Front of House:
25\'11\"x11\'11\" (circa 308 sqft)
Kitchen
17\'9\"x9\'11\" (circa 176 sqft)
Basement:
13\'4\"x11\'4\" (circa 151 sqft)
Lease: Seven Years (approximate)
Premium: £30,000.00.
Deposit Required
Fees Apply
We have been advised that business rates payable for 2022-2023 were circa £350.00. Please contact Cardiff Council\'s business rates department for clarification.
Contact Agent
Listing Statistics
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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.
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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.'.
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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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Contact seller
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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