Arabian Nights, 135-137 High Street, Yarm, United Kingdom, TS15 9AY

Arabian Nights is located on the popular Yarm High Street. Situated in one of Yarm's oldest buildings, the restaurant has recently been refurbished and decorated to a high standard with the interior staying true to the building, and features many reclaimed materials from the era.

Offering a menu specialising in Mediterranean Cuisine, the restaurant has become a firm favourite and is frequented by many, receiving 5 Star reviews and a high Tripadvisor rating.

10 year lease, with eight years remaining, and an annual rent of £25,800 per annum.

Found in one of the oldest buildings in Yarm, Arabian Nights is situated on the extremely popular High Street.

Located in the Tees Valley, south of Middlesbrough and Stockton, Yarm is regarded as one of the most impressive market towns in North East Yorkshire region. Full of history and with the river Tees flowing through it, Yarm attracts many tourists from not only the surrounding areas but further afield. With its cobbled High Street and beautiful landmarks, including Yarm Viaduct and Yarm’s 18th Century Town Hall, the town has become a thriving place to live with Guild Property regarding it as 'The best place to live in Teesside'.

Yarm Train Station is about half an hour’s walk from the High Street. TransPennine Express services between Middlesbrough and Manchester Airport stop at Yarm.

The property comprises of:

• Dining area with seating for approximately 40 covers
• Bar
• New Commercial Grade Kitchen
• Customer Toilets
• Storage Facilities

We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory. We are also advised that the trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement.

Arabian Nights presents an excellent opportunity for an owner-operator to purchase a well known and thriving restaurant and operate along the same lines as the current owner.

Alternatively, an experienced operator, perhaps with multiple sites, could look to expand the current offer and run as a managed house.

The business is currently operated with the support of both full and part-time staff. Further details can be provided on request.

Projected annual net turnover for 2024 is approximately £225,000. Figures will be made available on request.

Monday, Tuesday & Wednesday:
4.00pm -10.00pm

Thursday:
4.00pm - 11.00pm

Friday and Saturday:
12.00noon - 11.00pm

Sunday:
Closed

Leasehold with an annual rent of £25,800. New 10 year lease, eight remaining.

The Rateable Value is £21,000 with effect from 1 April 2023. Confirmation of actual business rates payable should be obtained from the Local Authority.

Premises Licence