Newly Established Indian Restaurant for Sale in Jesmond, Newcastle upon Tyne
Newcastle upon Tyne, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
31/01/24
- Advert ID
606055
- Leasehold: £35,000
- Rent: £12,996
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Currently Closed
- Offers Invited
- Prime Location
- Vacant/Empty Premises
- Fully Fitted
Business Details
Indian Restaurant for Sale in Newcastle upon Tyne, Jesmond
An opportunity is now available to own an Indian restaurant in Newcastle upon Tyne, Tyne and Wear. This establishment, which has been recently established for only 4 months, is going to be sold on a leasehold basis. The asking price for the leasehold is a competitive £35,000. This price also vests the new owner with an alcohol license.
The restaurant is positioned in an excellent location. It's nestled within a populous residential area. The restaurant is also conveniently located on a main road, ensuring accessibility not just for residents but also passers-by. Furthermore, there are 50 to 100 apartments in the immediate vicinity, increasing the potential customers. This restaurant is the only service provider of Indian cuisine in the region, presenting an unrivalled opportunity for the new owner.
The reason for the sale of this restaurant is staffing issues involving their chef. The restaurant operates on flexible hours, with licenses allowing it to open from 9 am to 11 pm.
With this asset, you will have everything you need to start trading immediately and successfully. For more detailed information about this thriving business, do not hesitate to get in touch with me.
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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.
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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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