20-Year Established Restaurant/Takeaway in Retford, Nottinghamshire with 3-Bedroom Accommodation for Sale
Retford, Nottinghamshire
- Status
FOR SALE
- Date Submitted:
25/09/23
- Advert ID
600211
- Reference
5870 / Rightbiz
- Call Agent:
- Leasehold: £45,000 (Stock at valuation)
- Rent: £14,000
- Turnover: £223,600 (£4,300 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- Close to Local Amenities
- Price Further Reduced
- Attractive Business
- Prime Location
- Established Business
- Town Centre location
Business Details
Fish & Chips, Pizza & Kebab Takeaway with Restaurant (Closed) & 3 Bedroom Living Premises (Retford)
Key Features
- Weekly sales circa. £4,300
- 3 bedroom accommodation
- Prominent town centre location
- Established for over 20 years
- Owner & staff run business
- Fully refitted
Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.
Business & Accommodation Rent
£14,000 per annum
Rateable Value
£5,900 Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information
Location
Located in the historic market town of Retford also known as East Retford, is a market town in the Bassetlaw District in Nottinghamshire, England, and one of the oldest English market towns. It lies on the River Idle and the Chesterfield Canal passes through its centre and is situated roughly halfway between Sheffield and Lincoln.
Business Premises
Established in 2002 this very reputable business holds a number of awards and is popular among locals and tourists. Serving traditional Fish & Chips as part of a vast range of choices on the menu to include pizzas, burgers, kebabs, pukka pies along with desserts and drinks. Food can be ordered at the premises or online via Just Eat, Uber Eats and the JM's own website for orders. The closed restaurant has 50 covers over two dining areas which are currently not being utilised due to time and staff constraints.
The current owner has been running the business since November 2022 and is now selling due to a change in personal circumstances.
Fixtures and Fittings
To be confirmed
Business Premises
Business premises on the ground floor incorporating the trading area leading through to the stockroom and kitchen to the rear including both Ladies & Gents toilets which are suitable for disabled access.
Living Premises
External access to the first floor accommodation incorporating 3 bedrooms, lounge area, kitchen and two bathrooms.
Tenure
Leasehold (with option to purchase the freehold valid until November 2025)
Staff Employed
1 full time and 2 part time employees, 2 delivery drivers.
The new owner will have the option whether to keep the current staff.
Trading Hours
Wednesday to Sunday 4:30pm-8:30pm
Monday to Tuesday: Closed
Lease Terms
Lease terms 15 years lease with 3 year rent review.
Property Type
A3/A4/A5 Restaurant and Cafes/Drinking Establishments and Hot Food takeaways
EPC
"D" Valid until14 May 2026
Business Measurements
Ground floor retail zone 106.78m² (1,149.4ft²)
Internal storage including kitchen and restrooms 40.19m² (432.6ft²)
Total 146.97 m² (1,582ft²)
Disclaimer Notice
Any financial information shown for the business shown is based on information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise any interested parties to satisfy themselves of any specific aspects of the sale. All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. trading as A1 Businesses for Sale. (See our disclaimer page for further details)
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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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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