£65,000
Restaurant for saleFront Street, Newbiggin-By-The-Sea NE64
About this property
Tenure: Leasehold
Seating Capacity: 65–70 covers
Prime seafront location on the Northumberland Coast
Spacious and well-equipped kitchen
Separate dining and storage areas
Popular tourist area with strong seasonal trade
Rateable Value: £15,500
Rent: £18,000 per annum
Northumberland Coast Restaurant – Leasehold Opportunity
An excellent opportunity to acquire a well-presented leasehold restaurant situated on the sought-after Northumberland Coast, close to the seafront in a popular tourist destination.
The premises are tastefully furnished and decorated throughout, providing approximately 65–70 covers in a welcoming dining environment. The restaurant benefits from a well-equipped and spacious kitchen, generous dining area, and a separate storeroom, making it suitable for a variety of catering operations. Its prime coastal location attracts strong visitor numbers, particularly during the busy summer season, offering significant potential for trade.
Prospective purchasers should note that the landlord requires a rent guarantee, and therefore buyers must demonstrate strong financial standing to satisfy this requirement.
Key Information:
Price £65,000 Leasehold
Ref I512
An excellent opportunity to acquire a well-presented leasehold restaurant situated on the sought-after Northumberland Coast, close to the seafront in a popular tourist destination.
The premises are tastefully furnished and decorated throughout, providing approximately 65–70 covers in a welcoming dining environment. The restaurant benefits from a well-equipped and spacious kitchen, generous dining area, and a separate storeroom, making it suitable for a variety of catering operations. Its prime coastal location attracts strong visitor numbers, particularly during the busy summer season, offering significant potential for trade.
Prospective purchasers should note that the landlord requires a rent guarantee, and therefore buyers must demonstrate strong financial standing to satisfy this requirement.
Key Information:
- Tenure: Leasehold
- Seating Capacity: 65–70 covers
- Prime seafront location on the Northumberland Coast
- Spacious and well-equipped kitchen
- Separate dining and storage areas
- Popular tourist area with strong seasonal trade
- Rateable Value: £15,500
- Rent: £18,000 per annum
Price £65,000 Leasehold
Ref I512
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£325 per month
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