• Sales £8,000 - £11,000 weekly.
• Fully refurbished premises.
• Town centre location with captive trade.
• 16 - 20 internal covers.
• Highly reputable business.
• Scope to extend daytime trading hours.
- Asking Price:
- £60,000 Furniture / Fixtures included
- Turnover:
- £572,000
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are held on a 5 year lease from February 2022. The current rent is £14,800 per annum. Further details are available on request.
- Leasehold Rent:
-
£14,800 per annum
- Location:
-
This popular hot food and burger bar business is ideally positioned in the centre of Morpeth on Newgate Street.
The business forms part of a busy terrace that includes hair salons, estate agents and other food operators. The town centre is popular and retailers are supported by ample free car parking supported by a disc.
- Premises Details:
-
This shop was originally Cube café and was acquired by our client before relaunching in May 2022 as the original Fire House #1.
The premises are extensive and provide a service and seating area to the front with a large open kitchen directly behind. At the rear of the kitchen there is access for vehicles to assist with the delivery trade.
The menu concentrates on its high quality burger offer and the outlet is listed with all the major delivery apps as well as having its own bespoke website. Social media reviews and feedback are positive and new owners could choose to develop the menu if they wish. At the moment trade comprises circa 80% deliveries during the week and then a 50/50 split between the shop and delivery elements from Friday to Sunday.
The current trading hours reflect the owner’s other business commitments but they believe that there is a demand for a lunchtime offer during the week.
Business Operation
- Trading hours:
-
Monday to Wednesday 4.00pm – 9.00pm
Thursday to Sunday 11.00am – 10.00pm
- Employees:
- Ran under management
- Years established:
- 2
