Public Houses for sale in Newcastle upon Tyne

View the "PROMINENTLY POSITIONED AND PROFITABLE FREEHOLD BAR AND RESTAURANT BENEFITTING FROM A HIGH STREET LOCATION WITHIN A BUSTLING SUBURB OF NEWCASTLE UPON TYNE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

PROMINENTLY POSITIONED AND PROFITABLE FREEHOLD BAR AND RESTAURANT BENEFITTING FROM A HIGH STREET LOCATION WITHIN A BUSTLING SUBURB OF NEWCASTLE UPON TYNE

Newcastle upon Tyne, Tyne and Wear, England

  • Freehold Price: £525,000
Seller Reference: 8221F
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Business Description
 
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Seller Reference: 8221F
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Business Description
Prominent High Street Location.
Public Bar (circa 30) with imposing bar servery.
Spacious Function Room (circa 50) with dance floor.
Adjoining Ground Floor Restaurant (circa 40 covers)
Fully equipped Commercial Kitchen.
6 fully let Bedsit Rooms.
Outside seating (circa 20).
Potential for development/change of use STPP.
Advised turnover y/e May 2018 circa £270,000 (inc VAT).
Trade split circa 90% Wet Sales/10% rental income.

A FANTASTIC OPPORTUNITY TO ACQUIRE A PROFITABLE FREEHOLD BUSINESS WITH ADDITIONAL POTENTIAL IN A BUSY HIGH STREET LOCATION

ASKING PRICE £525,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.
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