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Charming, Well-Established Cafe & Sandwich Bar in Houghton le Spring's Town Centre for Sale

Houghton le Spring, Tyne and Wear
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  • Leasehold: £39,950
  • Turnover: £78,000 (£1,500 Per week)
  • Net Profit: Not Applicable

Business Details

Cafe & Sandwich Bars For Sale in Houghton le Spring

CAFE/RESTAURANT in Houghton le Spring for Sale.

Ernest Wilson are delighted to bring to market this charming café/restaurant which is immaculately presented throughout and really must be seen to be appreciated. The business was established in 2017 by our clients, during which time the premises have been extensively refurbished at great expense - early inspection highly recommended. Weekly turnover £1,500. Our clients are now seeking a well-earned retirement. The business trades in very limited hours over five days - wonderful scope for enthusiastic new owners to extend opening times and significantly boost trade. The premises sit in a truly prime trading position in the heart of this bustling town centre at a major road junction - highly visible site with ample roadside parking. Held on secure lease with low rent and briefly comprising ground floor tea rooms seating 16 in comfort, counter and servery with pot wash area to rear. First floor well equipped commercial kitchen with good extraction facility, store room and WC. There is a large room on the first floor at present unused but ripe for development in to an additional tea room space which would double the internal covers. Externally there is a large paved area with 24 al-fresco covers. EPC Band D.
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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.

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