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Pizza / Burger Bar In South Shields For Sale

South Shields, Tyne and Wear, UK
Asking Price:
£75,000 Furniture / Fixtures included
Turnover:
£400,000
Net Profit:
Available on request

• Sales circa £10,000 weekly and rising.
• Currently open evenings only.
• Central location within “circuit”.
• Compact, easily operated premises.
• Fully fitted and equipped for the trade.
• Scope to extend trading hours.
• Genuine reason for sale.
• Leasehold offers over £75,000 plus stock.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 10 year lease from 2019. The current rent is £15,000 per annum with a rent review at the 5th anniversary. Details on application.

Leasehold Rent:

£15,000 per annum

Location:

Town centre location with high levels of evening trade.

Premises Details:

Compact, easily managed premises.

Business Operation

Reasons for selling:

Family commitments.

Trading hours:

Monday 6.00pm - 1.00am
Tuesday closed
Wednesday 6.00pm - 1.30pm
Thursday - Saturday 6.00pm - 3.00am Sunday 6.00pm - 1.30pm

Employees:
The business is operated by the owner with the help of 5 part time members of staff.
Years established:
3 years.

Contact North East Commercial

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