Prime Location Tea Room & Coffee House with 72 Covers in Braintree Essex for Sale
Braintree, Essex
- Status
UNDER OFFER
- Date Submitted:
19/01/24
- Advert ID
605337
- Reference
RX257923 / Rightbiz
- Call Agent:
- Leasehold: £14,999
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
TEA ROOM & COFFEE HOUSE 72 COVERS (42+30)
TEA ROOM & COFFEE HOUSE occupying a PRIME TRADING POSITION in this very busy SHOPPING MALL right in the heart of THIS ESSEX TOWN CENTRE. Property benefits from 42 INTERNAL COVERS & 30 EXTERNAL COVERS. The business was ESTABLISHED OVER 30 YEARS ago and had been operated under the SAME OWNERSHIP FOR 21 YEARS before being SOLD IN 2019 to our current client who has brought it to market, PRICED TO SELL with a RELUCTANT & GENUINE REASON FOR SALE. Peak historical sales averaged £4,000 per week with further information available to seriously interested parties only. No trade is sold or warranted which is reflected within the asking price. Secure lease at a current rental of £21,000 plus VAT per annum exclusive. EARLY VIEWING ADVISED.
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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