Late Bar/Night Club in Houghton le Spring, Sunderland Town Centre for Sale, Great Growth Potential
Houghton le Spring, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
18/12/23
- Advert ID
604020
- Reference
94473 / Rightbiz
- Call Agent:
- Leasehold: £29,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Town Centre location
- Close to Local Amenities
- Adjacent to Multiple Retailers
- Attractive Business
- Trade Gardens Available
- Prime Location
Business Details
Late bar Night club Houghton Le Spring, Sunderland
Town centre location
Lock-up late night bar/night club
Open plan trade area
Popular establishment
Huge potential
Net turnover of £96,000 - based on 2 evenings trading per week
Houghton le Spring, with its proud industrial heritage, is a vibrant town just 7 miles south of Sunderland and 15 miles south of Newcastle upon Tyne. The surrounding countryside is spectacular. With such easy access to the nearby cities and more affordable housing, this area is very popular with young families and professionals.
TROPI's Bar is located on Newbottle Street, in the heart of the busy town centre. The position of the unit will appeal to a number of operators who are looking to capitalise on the growing population in Houghton le Spring.
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Listing Statistics
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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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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.
Be safe, use a Rightbiz Solicitor
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