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Licensed Cafe Opportunity In Seaburn For Sale

Seaburn, Tyne and Wear, UK
Asking Price:
£95,000 Furniture / Fixtures included
Turnover:
£250,000
Net Profit:
Undisclosed
  • Prime promenade location.
  • Turnover circa £250,000 per annum.
  • Trading for 10+ years.
  • Up to 40 internal covers.
  • 60 external covers with sea views.
  • Fully fitted and equipped space.

Property Information

Property:

Leasehold

Lease Terms:

A new FRI lease will be available at a commencing rent of £15,000 per annum. Full terms to be agreed.
Ingoing tenant to be responsible for the landlord’s reasonable legal costs in the lease preparation.

Leasehold Rent:

£15,000 per annum

Location:

The business is situated within the Low Promenade that runs alongside the A183 Whitburn Road overlooking the seafront which links Roker and Seaburn. This is a popular area comprising a mixture of leisure, retail and residential accommodation and the Grand Hotel is at the southern end of the strip.

There is street parking above the promenade on both sides of Whitburn Road and the Low Promenade itself is a popular route for dog walkers, joggers and locals.

Premises Details:

This is a thriving food opportunity which opened around 2014 but one which has been reluctantly placed on the market as our client is reducing their work commitments.

The premises are in good order throughout and have been rebranded a couple of times since launching. The large open plan ground floor space is configured to provide a main dining area with toilets off plus a large service counter and the kitchen space.

The current menu offers breakfast, lunch and afternoon tea options. The business is permitted to open later but currently trades daytimes only during the winter season but opens later in the summer subject to the weather.

This is a rare food and drink opportunity in a sought-after position and viewing is strongly recommended to fully appreciate the potential of this site.

Premises

Comprises an extensive single storey space forming part of a larger block.

Ground Floor
Dining Room
Kitchen
Ladies Toilets
Gents Toilets
External
Patio Seating

Energy Performance Rating:
A  View EPC Graph for this property

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Client wishes to reduce work committments.

Trading hours:

Monday – Sunday 8.30am - 4.00pm

Employees:
Currently operated by the owner with the help of 3 members of staff.
Years established:
10 years +