Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Licensed Restaurant Cafe In Gosforth For Sale

Newcastle upon Tyne, Tyne and Wear, UK
Asking Price:
£65,000
Turnover:
Available on request
Net Profit:
Available on request

• Located within busy, modern food parade.
• Spacious premises for comfortable 70 covers.
• Immaculate fit and finish with new kitchen.
• Suitable for a variety of food uses.
• Evening trade opportunity.
• Free car parking adjacent.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 10 year lease from October 2019 at a current rent of £39,180 per annum. Full details on application.

Leasehold Rent:

£39,180 per annum

Location:

The business opportunity is located within a purpose- built retail / food parade at the entrance to Quorum Business Park. Constructed in 2011, this is a large and well-established office park 4 miles north east of Newcastle upon Tyne and close to the suburb of Longbenton. Office occupiers on site include TESCO Bank, Greggs, Balfour Beatty, Engie and the DVLA There are also other brownfield sites still to be developed within the park.

Premises Details:

The premises comprises a single-storey self-contained unit forming part of a larger terrace. Other tenants within the terrace include Greggs, Bento Box and [email protected] and there is free parking adjacent plus outside communal seating and a grassed area.

The current tenant took occupation of the unit in early 2020 and the unit was refurbished throughout. The business had a flourishing daytime trade prior to Covid hitting but naturally the business has suffered with the “work from home” advice over the last 18 months.

With restrictions now lifting, the business has reopened during the day and the current food offer comprises a light, predominantly Mediterranean, menu with hot and cold drinks, sandwiches and light meals. There is also pizza, pasta and chicken on the menu and therefore a broad choice to suit most tastes. There is no late evening service at the moment but with densely populated residential areas all around the Park, there is likely to be scope to tap into this market should an operator choose to.

Internally the unit is configured to provide a variety of dining areas with fixed, bench and high seating plus separate bar and service areas. There is an open prep and kitchen to the rear plus separate ladies and gents toilet facilities and stores. The premises are a fully fitted and equipped restaurant opportunity suitable for a variety of cuisines and new owners could trade immediately.

Energy Performance Rating:
B  View EPC Graph for this property

Business Operation

Trading hours:

Current Trading Hours (licensed till 11pm)

Tuesday - Saturday 11.30am - 3pm 5pm - 8.30pm
Sunday & Monday closed

Other Information

Contact North East Commercial

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Bluebox Finance. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to North East Commercial. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business