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Leasehold unique Mexican restaurant for sale in South Shields, Tyne and Wear

South Shields, Tyne and Wear, ID 212465

Leasehold unique Mexican restaurant for sale in South Shields, Tyne and Wear 1
Leasehold unique Mexican restaurant for sale in South Shields, Tyne and Wear 1
Asking price:
GBP£49 000
Owner
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Description

Unique restaurant business in the heart of South Shields, open since 2017 with a number of regular customers. Very low cost with local staff running the business. Three-bedroom student accommodation above the business, with potential to generate rental income and significantly reduce overall expenses.The restaurant is currently open five days a week from 16:00 to 22:00, but could easily be extended to seven days, including lunch service, especially during the summer season when South Shields experiences high footfall and strong tourist demand.With no business rates, the operation benefits from very low overheads and can run with minimal financial pressure. The restaurant is popular with both local and visiting customers, supported by strong Google reviews and Facebook engagement.The business represents a well-established operation with further growth potential and is being offered for sale due to a genuine reason.

Details

Real Estate: Lease
Reason for selling: Health or personal issues
Asking price: 49 000 gbp
Rent (per year): 15 000 gbp

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