£30,000
Restaurant for saleWestgate Road, Newcastle Upon Tyne NE4
About this property
A well-established shisha lounge is now available for sale, offering a fantastic opportunity for both experienced operators and first-time buyers looking to enter the hospitality sector.
Located at Westgate Road, the business is situated in a busy and popular area with strong footfall and good local visibility. Established in 2021, the lounge has quickly built a loyal customer base and a solid reputation within the local community.
The business is available for an asking price of £30,000, presenting an affordable entry point with clear potential for further growth.
The premises benefit from a 70–80 seater capacity, offering a spacious and comfortable environment suitable for both small and larger groups. The layout is well-suited to the current shisha lounge operation but could also be adapted for other hospitality concepts if desired.
The business is currently generating a turnover of approximately £700–£1,000 per week, with potential to increase through marketing, extended opening hours, food offerings, or events.
The rent is highly competitive at just £160 per week, and the property benefits from small business rates relief, helping to keep overheads low and manageable.
This is a turnkey opportunity with scope for expansion and further development in a thriving area.
Early viewing is highly recommended to appreciate the full potential of this business.
Located at Westgate Road, the business is situated in a busy and popular area with strong footfall and good local visibility. Established in 2021, the lounge has quickly built a loyal customer base and a solid reputation within the local community.
The business is available for an asking price of £30,000, presenting an affordable entry point with clear potential for further growth.
The premises benefit from a 70–80 seater capacity, offering a spacious and comfortable environment suitable for both small and larger groups. The layout is well-suited to the current shisha lounge operation but could also be adapted for other hospitality concepts if desired.
The business is currently generating a turnover of approximately £700–£1,000 per week, with potential to increase through marketing, extended opening hours, food offerings, or events.
The rent is highly competitive at just £160 per week, and the property benefits from small business rates relief, helping to keep overheads low and manageable.
This is a turnkey opportunity with scope for expansion and further development in a thriving area.
Early viewing is highly recommended to appreciate the full potential of this business.
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