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Listing ID: 1771332

Desirable Italian & Spanish Restaurant In Prime Marina / Seafront Location With Stunning Views For Sale

Roker, Sunderland, Tyne and Wear, England

£ 25,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: £ 150,000

Cash Flow: £ 100k to 250k

Business Description

* Well established business.
* Reluctant sale due to owners ill health.
* Suitable as a Café or Restaurant.
* Includes fixtures/fittings.
* 50 Seated with feature bar.
* Sales in excess of £150k per annum with great potential to increase trade.
* New 5 year rolling lease available.
* Rent, Elec, Water & Gas approx. £500 a week. (Rent £15k per annum).

Property Details

Years Established:

1

Property Type:

Lease

Other Details

Business Location:

Main road facing in the highly desirable Roker residential area, overlooking the marina and the sea.

Premise Details:

Compromises of 50 seated restaurant with feature bar, kitchen, wash room, WC and dry store room.

Competition:

Typical sea front location with healthy competition to suit all budgets with various cafes and restaurants and bar. A great circuit.

Expansion Potential:

Huge potential to grow business through day time trade, utilising the pub with a good bar menu.

Operation Details

Employees:

4

Miscellaneous

Reason For Selling:

reluctantly forced to sell due to ill health.

Contact this seller

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