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Established Bar & Restaurant Opportunity In Gateshead Area For Sale

Gateshead, Tyne and Wear, UK
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
£500K - £1M
Net Profit:
Undisclosed

• Reputable business operating since 2014.
• High turnover trading business.
• Popular venue with loyal customer base.
• Laid out over 3 floors.
• Good quality fixtures & fittings.
• Genuine reason for reluctant sale.
• Current rent £36,400 per annum.
• Lease in place expiring 2029.
• OFFERS OVER £150,000 FOR THE FIXTURES.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 6 year lease from 2024.

Leasehold Rent:

£36,400 per annum

Location:

Central location in a sought after area.

Premises Details:

Attractive building with quality fit and finish. Separate bar and restaurant spaces.

Size in square feet:
2,500

Business Operation

Reasons for selling:

Other business commitments.

Years established:
Trading since 2014.