A rare opportunity to purchase this licensed leasehold beachside takeaway, with restaurant potential.

  • Leasehold Price: £55,000
Ventnor, Isle of Wight, England
Seller Ref:DB-GoldenSands
For Sale

A rare opportunity to purchase this licensed leasehold beachside takeaway, with restaurant potential.

Ventnor, Isle of Wight, England
Seller Ref:DB-GoldenSands
  • Leasehold Price: £55,000

Overview

Seller Ref: DB-GoldenSands

Description

Golden Sands currently operates as a takeaway, plus beachside refreshments and ice creams, but there is the capacity to expand again as a restaurant if required, particularly as the premises is licensed. Unusually, the premises enjoy unencumbered views of the sea, as there is no on-street parking immediately in front of the unit.

Golden Sands is popular with both locals and tourists alike for its current takeaway offerings, and is offered fully equipped as a going concern with an inventory available to bona fide applicants and/or their professional advisors upon request.

Turnover and accounts can be discussed, but only with bona fide applicants and/or their professional advisors, and may be subject to signature of a confidentiality agreement. Stock, where appropriate, will be sold separately at valuation.

Although the business is essentially seasonal, there is in our view a clear opportunity to expand to other times of the year.

Leasehold Terms:
A new lease will be granted to a purchaser, proposed to be for a term of 10 years at £18,000 p.a.x. (£1,500 pcmx).
Location Details:
A popular beachside resort town.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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