Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Successful Café Bar In Tynemouth, North East Coast For Sale

Tynemouth, Tyne and Wear, UK
Asking Price:
£100K - £200K
Turnover:
Available on request
Net Profit:
Available on request

Very well established and popular licensed Café/Bar situated in the Coastal Village of Tynemouth, a very popular upmarket tourist location in the North East of England

Customers are regular locals and tourists.

It is renowned for fresh food and coffee and the cosy quirky character of the interior.
A large proportion of the customer base are from the affluent local area.

It is situated on Front Street with Tynemouth Priory, King Edwards Bay and Longsands Beach in Tynemouth a very short walk down the street.

Enormous opportunity to expand the offerings and increase profits at different times of day with increased hours, as it has currently been opening on a 10am to 5pm basis as a Café on the whole but does have Moretti on draught and a selection of Wines and Spirits.

Highly rated on review sites and social media, with a good reputation and following achieved with minimal input from the owners.

The business has Google Business Profile ,Facebook Page and Website the content and domain are included in the sale.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Rent has been recently reviewed and a 15 year renewable lease was in place commencing late 2021

Leasehold Rent:

£19,200 per annum

Location:

Situated on Front Street, which is the main street in Tynemouth Village, a short stroll leads you to the attractions of Tynemouth Priory and King Edwards Bay, Tynemouth Longsands Beach, The Haven and public transport Metro Station.
There are a host of delightful small public houses and eateries which make Tynemouth very popular with destination visitors happy to spend their money here on a day or evening out.
Ample paid parking available immediately outside down the centre of Front Street, and some free parking nearby too.
There is an area for external seating and the premises benefit from a particularly sunny aspect for most of the day and early evening.
Tynemouth has been regularly featured in The Times Guardian and Rough Guides as one of the best places to live and visit in the UK .

Premises Details:

On the lower floors of a stone built period town house which feature throughout the village.

Size in square feet:
1030 approx
Planning Consent:

A1 / A3 Food & Alcohol licensed til 9.30 pm with potential to increase these hours if desired.

Business Operation

Expansion Potential:

The business is currently being run on limited hours 10 am til 5pm and there is huge scope to offer additional services such as early morning breakfasts opening of the Bar in the evenings to dramatically increase alcohol sales and offering Tapas or Bistro style meals. Could be ideal for a good Chef to run as a high quality restaurant.
Ice Cream sales could also be added.
There is a cellar which could be a potential space for a micro brewery.

Competition / Market:

There are other local eateries and coffee shops but most offer either takeaway or have a different food offering to Restaurant's which is well known for it's fresh home style cooking using high quality ingredients.
Tynemouth is a very popular place to visit regularly for tourists and locals many of which have high disposable income.

Reasons for selling:

The owners have other business they would like to focus on,

Trading hours:

Currently 10 am to 5pm 6 or 7 days depending on season/weather.

Employees:
2 Cooks and 5 waiting staff on a part time basis.
Years established:
11 years

Other Information

Website:
Login or register to view link
Related Documents:

Contact Seller

  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 Halo Corporate 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 the seller of this business. Find out more about what we do with your information in 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