£199,950
Restaurant for saleRestaurants NE1, Tyne And Wear
Business
Leasehold
About this property
Reluctantly offered for sale due to bereavement
Prime trading position in the heart of Newcastle city centre
Working on excellent profit margins
70 covers with a further 30 al fresco
Licensed restaurant in Wakefield for Sale.
Ernest Wilson are delighted to bring to market this bustling city centre licensed restaurant. The business was established by our client in 2022 and is reluctantly offered for sale due to bereavement. The premises have been fit out to the highest of standards at great expense and really must be seen to be appreciated. The restaurant occupies a prime trading position in the heart of Newcastle city centre, surrounded by other restaurants and bars - incredibly high footfall position. Our client runs the seven day operation with a large team of staff, generating an impressive turnover of £18,000 to £22,000 weekly and working on excellent profit margins. Rarely do businesses of this calibre reach the open market - a fantastic opportunity for enthusiastic working owners to build on the solid foundations here. The licensed restaurant premises are held on a secure lease and comprise dual aspect premises in a highly prominent corner position providing spacious restaurant seating 70 in comfort with a further 30 al fresco on the covered terrace area. Well appointed cocktail bar. Spacious and well equipped commercial kitchen, pot wash area, store rooms and staff room. Customer WCs.
Ernest Wilson are delighted to bring to market this bustling city centre licensed restaurant. The business was established by our client in 2022 and is reluctantly offered for sale due to bereavement. The premises have been fit out to the highest of standards at great expense and really must be seen to be appreciated. The restaurant occupies a prime trading position in the heart of Newcastle city centre, surrounded by other restaurants and bars - incredibly high footfall position. Our client runs the seven day operation with a large team of staff, generating an impressive turnover of £18,000 to £22,000 weekly and working on excellent profit margins. Rarely do businesses of this calibre reach the open market - a fantastic opportunity for enthusiastic working owners to build on the solid foundations here. The licensed restaurant premises are held on a secure lease and comprise dual aspect premises in a highly prominent corner position providing spacious restaurant seating 70 in comfort with a further 30 al fresco on the covered terrace area. Well appointed cocktail bar. Spacious and well equipped commercial kitchen, pot wash area, store rooms and staff room. Customer WCs.
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