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Freehold Commercial Indian Restaurant in Albrighton Shropshire for Sale

Albrighton, Shropshire
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Commercial Indian Restaurant for Sale FreeholdCommercial Indian Restaurant for Sale FreeholdCommercial Indian Restaurant for Sale FreeholdCommercial Indian Restaurant for Sale Freehold
  • Status

    FOR SALE

  • Date Submitted:

    02/01/24

  • Advert ID

    604440

  • Reference

    lopr0_646686411 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £274,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Commercial Indian Restaurant for Sale Freehold

LOCATION: High Street in Albrighton is in the West Midlands region of England. The postcode is within the Albrighton ward/electoral division, which is in the constituency of The Wrekin

DESCRIPTION: The premises comprise reception and cocktail lounge, the main restaurant, ladies and gents WC, very well fitted commercial kitchens, preparation kitchen, store room, staff toilet. First floor overspill restaurant, three store rooms. Self-contained takeaway with its own entrance, although the vendors can go through to the takeaway from the kitchens

BUSINESS: An opportunity to acquire this substantial property on this major high street - bustling site and densely populated residential area of Shropshire. The present owners are retiring after 28 years here

USES: A3 & A5

TENURE: £274,950 Freehold

BUSINESS RATES: No Business Rates: All interested parties are encouraged to make their own enquiries with local authority

SIZE: Approximately 2088 sq ft

OPENING HOURS: Tuesday to Sunday 5 p.m to 11 p.m & Monday closed

STAFF: Owner managed with 4 staff

TURNOVER: Current turnover in excess of £260,000 per annum approximately.

ACCOUNTS: Available on viewing

LEGAL COST: Each party is to bear their own legal cost.

LOCAL AUTHORITY: Shropshire

COVERS: 65 covers

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 105- E Rating. C copy of this property’s energy performance certificate is available on request.

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only

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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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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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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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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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The data showed regarding this advert 'Commercial Indian Restaurant for Sale Freehold - lopr0_646686411 / 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.