• Well Established trading business.
• 75+ covers plus large bar and waiting area.
• Currently Indian cuisine.
• Located within expanding residential area.
• In excellent order throughout.
• Ideal opportunity for an owner operator.
• LEASEHOLD £100,000 plus stock.
- Asking Price:
- £100,000 Furniture / Fixtures included
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are offered on a new FRI lease for a term to be agreed at £28,000 per annum plus VAT. Full details are available on application
- Leasehold Rent:
-
£28,000 per annum
- Location:
-
This established business is situated in the centre of this sought after and expanding village on the north western outskirts of Newcastle upon Tyne, near Ponteland. The village is within easy driving distance of the City centre and is also close to Newcastle International Airport.
Dinnington Village was included in The Telegraph’s list of the “poshest” villages in the UK and has an excellent range of local amenities including a GP Surgery, Village Hall, Primary School and Convenience Store. There is new housing and the local population is expanding.
- Premises Details:
-
This former pub has been operating in our client’s hands as an Indian restaurant since 2015. The premises are in excellent order, and fully fitted and equipped for the trade, with the current layout offering a bar & waiting area and two separate dining rooms.
The business has a loyal customer base with regulars from both within the village and further afield. As well as the restaurant menu, there is a takeaway offer which has grown in popularity since Covid.
Viewing is recommended to fully appreciate the size, location and the fit and finish of this opportunity.
- Energy Performance Rating:
- B
Business Operation
- Trading hours:
-
Monday - Sunday 5pm – 10pm
- Years established:
- 9 years
