Bournemouth Vintage English Tea Room and HMO Flat with £32K Rental Income Up for Sale
Bournemouth, Dorset
- Status
FOR SALE
- Date Submitted:
12/10/23
- Advert ID
601028
- Leasehold: £75,000 (Stock at valuation)
- Rent: £12,000
- Turnover: £152,000 (£2,923 Per week)
- Net Profit: On request
Key Features
- Established Business
- Potential for Alternative Use
- Fully Fitted
- Offers Invited
- Retirement Sale
- With Car Park
- Prime Location
- Attractive Business
- Accounts Available
- Close to Local Amenities
- Town Centre location
Business Details
Vintage stabilised English Tea room with HMO flat and 32K rental income for sales
32 k yearly rental income from HMO flats above
Over 120K turnover only from tearoom
Central Location.
Landlord’s Rent only 12K
No business rate
12 years remaining of the current lease
The business was owned by current owner for last 12 years as a successful tearoom/restaurant. Now selling due to poor health and retirement.
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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.
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