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Licenced Cafe Bar Fish Quay In North Shields For Sale

 
North Shields, Tyne and Wear, United Kingdom
 
Advert ref: R212NE
  
Business description
Lakey & Co are delighted to offer For Sale this excellent and well fitted Cafe Bar situated on Fish Quay in North Shields on the banks of the River Tyne. Currently taking around £2,500 per week with little food and short hours - the premises offer exceptional potential to an operator willing to develop the business. The quality of fixtures and fittings must be seen to be appreciated.

Trading hours: Monday—Thursday: 12.00—10.00pm Friday & Saturday: 11.00 — 11.00pm Sunday: 11.00—10.00pm
Property: Leasehold

Lease terms
New lease - rental offers are sought in the region of £26,000 per annum. Discounted initial rental may be available subject to status.

Location
The business occupies an excellent location on Fish Quay surrounded by other Bars, Restaurants and Eateries - this area has grown and flourished over recent years and is both busy and popular with locals and visitors alike

Expansion potential
There is huge potential to increase turnover by both extending the current opening hours and by developing a food offer.

 
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Financial details

 
Asking price: £65,000
Sales revenue: £130,000
Net profit: Undisclosed
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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