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Established Bar & Restaurant Opportunity In Gateshead Area For Sale

Gateshead, Tyne and Wear, UK
Asking Price:
£100,000 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 £100,000 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.