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Restaurant Opportunity In South Shields For Sale

South Shields, Tyne and Wear, UK
Asking Price:
£30,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

• Fully fitted Turkish restaurant opportunity.
• Reputable business with loyal customer base.
• Dining area for up to 50 covers plus external space.
• Suitable for a variety of food uses.
• Spacious, fully fitted kitchen.
• 3 bed living accommodation above (requires updating).
• Leasehold £30,000 plus any stock.

Property Information

Property:

Leasehold

Lease Terms:

We are verbally informed that a new lease will be available at a rent of £12,000 per annum. Details on application.

Leasehold Rent:

£12,000 per annum

Living Accommodation:

Upper Floor
Lounge
Kitchen
Bathroom
3x Bedrooms

Location:

The business forms part of a small terrace just off Fowler Street and adjacent to the new transport interchange. This is a busy location close to the town centre and the main car parks.

This is an area which is undergoing significant investment at the moment and also preparing for the relocation of South Tyneside College in 2023. This will bring a huge number of students and staff into the town centre and should provide a boost to all sectors of the local economy.

The premises are currently configured to provide circa 50 covers within a high quality split-level dining space. There are traditional light fittings and a mixture of leather bench seating plus tables and chairs. Externally there is a licence on the paved area to the side for another 24 covers. The restaurant has an excellent reputation with high levels of repeat business and customer satisfaction with viewing recommended to fully appreciate this opportunity.

Premises Details:

Comprises a 3 storey end-terrace property in good order throughout. Access to the upper floors is via the ground floor.
Ground Floor
Restaurant Area circa 710 sq.ft. (66 sq.m.)
Dry Stores
Customer Toilets

Lower Ground
Kitchen circa 210 sq.ft. (19 sq.m.)
W.C.

External
Store

Energy Performance Rating:
D  View EPC Graph for this property

Business Operation

Trading hours:

Tuesday- Sunday 5.00 pm – 11.00pm
Monday - Closed

Other Information

Contact North East Commercial

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