Established, newly renovated business with clear upside from extended opening hours.
Large 1,500 sq ft commercial space with 44 internal covers
A rare turnkey restaurant opportunity in central Middlesbrough, offered as a fully staffed, established business. The premises are newly renovated and present well, with 44 internal covers plus external seating and a 1,500 sq ft footprint giving flexible trading space. Trading since 2021, current opening hours are limited to five days a week with clear scope to increase turnover by extending hours or adding additional trading days.
The sale price of £95,000 reflects the business goodwill and fixtures. The property is on a short lease (two years remaining) at £1,300 pcm; while the landlord is expected to offer a new lease to a buyer, the short term remaining is a material risk – many mortgage lenders will refuse lending against the lease and any buyer should budget for negotiation or rapid re-letting. The area is a cosmopolitan student neighbourhood with strong daytime and evening footfall potential but also records very high crime and very high area deprivation, which can affect staffing, insurance and security costs.
Operational positives include excellent mobile signal, fast broadband and a turnkey fit-out that reduces immediate capital expenditure. The business currently trades Wednesday–Sunday and is fully staff-run, presenting a hands-on investor or managing operator with immediate income and short-term growth options. There is no local flood risk. Buyers should investigate lease renewal terms, insurance premiums, and local crime-related measures before committing.
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