Lease & Assets Sale for Successful Restaurant in Tyne and Wear
£15,000
TBC
TBC
Overview
Leasehold
TBC
- Huge potential for growth
- Spacious premises
- Well-equipped premises
- Equipment included
This is a lease and assets sale for a ground floor restaurant in a fantastic location in South Shields, Tyne and Wear.
The vendor is looking for a one-off £15,000 premium for all assets and equipment and then a further £15,000 per year for lease of the property. The current owner is very happy to offer a lease contract for a period of 5-10 years.
The lessee will then be able to use the restaurant as desired and serve any culinary cuisine. There is a Thai restaurant upstairs, so it may be beneficial if the lessee wanted to serve something different.
The ground floor premises have all key things in place but could do with a little time and money to refresh the property.
The restaurant is based in a convenient spot in a residential area of South Shields, Tyne and Wear, with nearby car parking, excellent transport links, and high passing footfall. Due to this excellent location, there should be a steady flow of custom from locals.
All equipment and assets will be included in the one-off £15,000 premium, which includes a ventilation system, commercial ovens, fridge/ freezer and a variety of tables and chairs.
The restaurant has a fantastic, ground floor location in a residential area of South Shields, Tyne and Wear and is close to car parking, good transport links and has high passing footfall. This should ensure a steady flow of trade from local customers for the restaurant.
Upon entry, you step into the main restaurant, with a large seating area to the right. Guest WCs and the kitchen are located to the left of the property.
All equipment and assets will be included in the one-off £15,000 premium, which includes a ventilation system, commercial ovens, fridge/ freezer and a variety of tables and chairs.
The ideal lessee would be someone looking for a successful and working restaurant premises with a fantastic location. The lessee would have complete flexibility over the cuisine served.
- Nearby car parking
- Good transport links
- Residential area
- City centre location
- High footfall