FOR SALE
07/08/23
517748
94101 / Rightbiz
Substantial property
Central village location
Pub and kitchen producing rent of £37,000 per annum
10 bedroom HMO operated by owner
Average HMO income circa £100,000 per annum
Very profitable business
TRADE AREAS
Public House (rented)
Occupying a large L-shaped open plan LOUNGE BAR with stripped wood effect beamed ceiling and part wood panelled walls. Feature fireplace. SERVERY. Seating for approximately 60 with ample room for more standing.
LADIES’ and GENTLEMEN’S TOILETS. ON LEVEL CELLAR.
Kitchens (rented)
CATERING KITCHEN being well equipped having additional DRY STORE AND STOREROOM.
Former Restaurant
Currently being developed into further bedrooms.
HMO
At first and second floor are 10 bedrooms operating as a house of multiple occupancy. In addition there are 2 KITCHENS and a BATHROOM (9 bedrooms EN SUITE, 1 not en suite).
PRIVATE ACCOMMODATION
3 BEDROOM flat comprising 2 EN SUITE BEDROOMS and LOUNGE.
EXTERNAL
Enclosed beer garden to the rear which is currently let with the public house.
To the side is a hardcore car park for approximately 10 vehicles but this does not belong to the public house; it is rented from a local property owner for £500 per annum.
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
Get SolicitorThe data showed regarding this advert 'EAST MIDLANDS SUBSTANTIAL PUBLIC HOUSE AND HMO PRODUCING GOOD LEVEL OF INCOME - 94101 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.