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Freehold Licenced Tea Room Restaurant in Barnard Castle

 
Barnard Castle, Durham, United Kingdom
 
Advert ref: R87NE
  
Business description
Lakey & Co are delighted to offer For Sale this well established Licenced Tea Room/Coffee Shop/ Restaurant business in Barnard Castle. With ample space for up to 100 covers over the first floor restaurant and function room, entertainment licence and ample parking on the doorstep, this business provides an excellent opportunity opportunity for an existing operator or an experienced purchaser. There is enormous scope to increase the already excellent turnover by extending the evening trading hours, currently only trading 3 evenings per week.

Trading hours: Mon, Tues, Wed, Sun: 9.00am-5.00pm, Thurs, Fri, Sat: 9.00am-10.00pm
Property: Freehold

Lease terms
Current business rates payable are approximatley £2,800.

Location
This business is situated in Barnard Castle, County Durham, a town of unique character and a popular destination for visitors from both near and far. This extremely attractive business benefits from a prime town centre location on Galgate Car Park, adjacent to Morrisons Supermarket.

Expansion potential
This business provides huge potential to expand evening trade (only open three evenings)as well as the growth of the outside catering business.

Reasons for selling
Our clients wish to pursue other business intersets.

 
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Financial details

 
Asking price: £399,950
Sales revenue: £150,000
Net profit: Undisclosed
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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