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Italian Restaurant for Sale in Low Fell, Newcastle upon Tyne

Newcastle upon Tyne, Tyne and Wear
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Italian Restaurant, Low Fell, NewcastleItalian Restaurant, Low Fell, NewcastleItalian Restaurant, Low Fell, Newcastle
  • Leasehold: £30,000
  • Rent: £15,600 (£1,300 per month)
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Italian Restaurant, Low Fell, Newcastle

Parker Barras are delighted to offer this traditional Italian restaurant in a central location of Low Fell in Newcastle.

The restaurant is longstanding and popular amongst locals.

Currently held on a lease of £1,300 a month and offered on a new lease.

Fully furnished.

The restaurant features internal covers for up to 60 and a large kitchen space with scope for further expansion into more available and included space.

Offered on a confidential basis.

 

For further information an NDA is required to be signed.

For Sale £30,000

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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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