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Newly Fitted Indian Restaurant & Takeaway for Sale in Gateshead Tyne and Wear

Gateshead, Tyne and Wear

CONFIDENTIAL SALE

  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    07/09/23

  • Advert ID

    599086

  • Leasehold: £25,000
  • Rent: £9,000
  • Turnover: £208,000 (£4,000 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Prime Location
  • Small Business
  • Close to Local Amenities
  • Attractive Business
  • New Lease
  • Company for Sale

Business Details

Indian Restaurant & Takeaway for Sale

Newly Fitted Indian Restaurant, Prime Trading Location in Popular City Suburb

Key Features

  • Newly fitted
  • Weekly sales circa. £4,000
  • takeaway licence/restaurant 
  • Popular city suburb
  • Prime trading location

Located in a densely populated local area in a highly visible, main road corner location, central to large residential estates and the main road links to gateshead central, Tyne bridge and Newcastle upon Tyne. There is ample on road parking for several cars outside the store. 

Internal Description
The premises is held on lease with a very reasonable annual rental.  Ground floor as small dining area with toilet and counter. Downstairs is kitted out as full kitchen with backdoor access to backyard and side gate for deliveries. 

Trading Hours
Wednesday to Sunday 5pm-11:00pm

Lease Terms
Current lease expiration 2024

Landlord to agree new lease length no strings attached. 

Rateable Value
Small business rates relief no rates applicable. (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)

Viewings
Any viewings for the business and/or property are to be made strictly by appointment only. No approach should be made directly to the owner or any of their employees.

Read more

Map

What's Nearby

Contact the seller for more details, or book a viewing

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Contact seller

SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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