£499,950
Restaurant for saleRestaurants NE33, South Tyneside
About this property
Only retirement forces this reluctant sale
Flexible layout suitable for a variety of hospitality or leisure uses
Potential to operate two venues under one roof, or combine into a single large-scale operation
High footfall location with excellent transport links and nearby parking
Ready for immediate occupation, with scope for cosmetic upgrades to suit individual needs
Ernest Wilson is delighted to bring to market this impressive and versatile property, offering two independent restaurant units in a highly prominent trading position. Located adjacent to one of South Shield’s main car parks and just a short walk from the Metro station, the site benefits from excellent visibility, accessibility, and consistent footfall, making it an ideal investment or owner-operator opportunity. Owners selling due to retirement.
The property was previously leased out by our client, but is now vacant and ready for immediate occupation, presenting a fantastic opportunity for either investors seeking to lease out two separate restaurant units for strong rental returns, or owner-operators looking to establish or expand their hospitality business in a high-traffic location.
This is a rare opportunity to acquire a substantial hospitality property in a thriving town centre location. Whether you're an investor looking for dual rental income or a restaurateur ready to launch or expand, this property offers exceptional potential.
Ground floor shared entrance hall providing access to both restaurant units. Restaurant and bar area with ample seating capacity. Large well-equipped commercial kitchen with good extraction system, store room and walk-in cold store. WC facilities for customer use. First floor fully self-contained restaurant and bar, ideal for private events or a second dining concept. Reinforced flooring suitable for dance floor or entertainment space. Kitchen area (currently in need of refurbishment). Additional storeroom. Separate ladies and gents WC facilities. Fire escape providing direct access to the ground floor. EPC Band B.
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£2,500 per month
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