Restaurant for sale

Middlesbrough, Cleveland

£299,950

Property Description

Key features

  • Restaurant and Nightclub
  • Central location
  • High annual turnover
  • 5-star online reviews
  • Scope for further growth

Full description

Tenure: Leasehold

Reference
04755

Turnover
£644,409

Current asking price
£299,950

Primary business type
Restaurant

Opportunity
Intelligent Business Transfer are pleased to offer to the market a superb opportunity for a new buyer to acquire a longstanding and highly regarded Restaurant and Nightclub located in a large town in North East England.

The business is well-known throughout the local area, popular with both residents and the large local student population for providing a high standard of food and entertainment in a unique and stylish environment, which has benefitted from a recent £150,000 refit including a £40,000 high-end music system upgrade.

Established in 2009, the business has demonstrated excellent growth and now achieves an annual turnover of £900,000. With a fantastic level of profit available and a large central location, this is an ideal opportunity for an entrepreneur to acquire a successful venue with potential for further growth.

A motivated new buyer may look to develop the business further by further developing the website, including a dedicated site for the Nightclub as well as further promoting the venue through social media and online marketing platforms. Currently the Nightclub only opens four days per week, this could be extended to include specialist club nights and student events.

Intelligent Business Transfer have been requested to find a suitable buyer.


Nearest stations

  • Middlesbrough (0.3 mi)
  • South Bank (2.2 mi)
  • Marton (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

INTELLIGENT BUSINESS TRANSFER LTD, Leeds

Rose Wharf 78 - 80 East Street Leeds LS9 8EE

0113 451 0436 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Middlesbrough (0.3 mi)
  • South Bank (2.2 mi)
  • Marton (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

INTELLIGENT BUSINESS TRANSFER LTD, Leeds

Rose Wharf 78 - 80 East Street Leeds LS9 8EE

0113 451 0436 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 04755. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by INTELLIGENT BUSINESS TRANSFER LTD, Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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