£156,000 pa
(£13,000 pcm)
Restaurant to letHindsons Crescent North, Houghton Le Spring DH4
1 bath
1 reception
Furnished
About this property
Tenure: Leasehold
Nestled in the vibrant area of Hindsons Crescent North, Houghton-Le-Spring, this retail property presents an exceptional opportunity for aspiring entrepreneurs. Currently operating as the well-regarded Fabio's, this establishment boasts a generous space of 575 square feet, ideal for a variety of business ventures.
The property features both indoor and outdoor seating, allowing for a versatile dining experience that caters to a diverse clientele. With a current operational schedule of six days a week, the business is well-positioned to attract a steady stream of customers.
A significant advantage of this offering is the 10-year lease, which commenced on 1st January 2025, with a competitive rent of £250 per week, translating to an annual cost of £13,000. This lease will be assigned to the purchaser, providing a secure foundation for your business aspirations.
Additionally, the business comes with its own website, which will be transferred to the new owner, ensuring a seamless transition and continued online presence. A comprehensive itinerary detailing the business operations is also available upon request, providing valuable insights for prospective buyers.
This property not only offers a prime location and established business but also the potential for growth and innovation. Whether you are looking to continue the legacy of Fabio's or introduce your own unique concept, this retail space is a remarkable opportunity not to be missed.
Nestled in the vibrant area of Hindsons Crescent North, Houghton-Le-Spring, this retail property presents an exceptional opportunity for aspiring entrepreneurs. Currently operating as the well-regarded Fabio's, this establishment boasts a generous space of 575 square feet, ideal for a variety of business ventures.
The property features both indoor and outdoor seating, allowing for a versatile dining experience that caters to a diverse clientele. With a current operational schedule of six days a week, the business is well-positioned to attract a steady stream of customers.
A significant advantage of this offering is the 10-year lease, which commenced on 1st January 2025, with a competitive rent of £250 per week, translating to an annual cost of £13,000. This lease will be assigned to the purchaser, providing a secure foundation for your business aspirations.
Additionally, the business comes with its own website, which will be transferred to the new owner, ensuring a seamless transition and continued online presence. A comprehensive itinerary detailing the business operations is also available upon request, providing valuable insights for prospective buyers.
This property not only offers a prime location and established business but also the potential for growth and innovation. Whether you are looking to continue the legacy of Fabio's or introduce your own unique concept, this retail space is a remarkable opportunity not to be missed.
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