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Restaurant in Durham For Sale

 
Durham, Durham, United Kingdom
 
Advert ref: BP048
 
FINANCIAL DETAILS
 
Asking price: £150,000
 
Sales revenue: < £200k
 
Net profit: < £100k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
Well located within busy leisure area
Licensed till 12.30am
Currently 50 cover restaurant
Consent in place for hot food takeaway
LEASEHOLD £150,000
OUR REF: BP048


GENERAL INFORMATION
 
Property: Leasehold

Lease terms
We are verbally informed the premises are leasehold. Held on a 15 year lease from 2001 with 3 yearly rent reviews. The current rental is £19,000 per annum. Interested parties should seek legal confirmation of this.


Location
It is well sited close to The Gala Theatre and within an area that is experiencing significant investment and development interest.


 
The Business Partnership - North East
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30