Chinese Restaurant in Hatfield Centre near University & Asda
Hatfield, Hertfordshire
- Status
FOR SALE
- Date Submitted:
02/03/23
- Advert ID
509234
- Leasehold: £29,000
- Rent: £18,500
- Turnover: £336,000 (£6,462 Per week)
- Net Profit: On request
Key Features
- Price Reduced
- Prime Location
- Small Business
- With Car Park
- Town Centre location
- Fully Fitted
Business Details
Chinese restaurant for sale in Hatfield town centre
A5 licensed restaurant in Market Place, Hatfield is up for sale. It is located in a university town and is close to Asda and the high street town centre, with a bus stop nearby. The rental is £4700 per quarter, with a service charge of £530 per quarter and a business rate of £2k (2022-2023). The restaurant is 180 sqm and has a rear car park and delivery zone, as well as kitchen equipment. It currently operates as a Chinese restaurant but can be changed to serve kebabs, Indian food, etc. It also has brand-new gas and electricity certificates. This is the cheapest rent in 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.
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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.
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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.
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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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