Venture with scope to grow in busy spot

Apr 19 2008 by Francesca Craggs, The Journal

LIMANI pub and restaurant in South Shields is for sale.

Located close to the town centre, in Hilda Street, the business was established in 2004 but has been placed on the market as the owners wish to pursue another commercial opportunity.

The property has an attractive ground floor bar with a restaurant providing 30 covers. There is also a recently extended fully fitted and equipped kitchen.

On the first floor there is a bespoke restaurant with provision for another 100 covers.

The restaurant can accommodate between 120 and 160 covers. There is also a sun terrace which could provide further seating, subject to weather conditions.

The business is within easy walking distance of the town centre and has a good regular client base. Despite this, it still has undeveloped potential.

The business is for sale through RMS Commercial at offers in the region of £99,950 for the goodwill, fixtures, fittings and new leasehold interest, plus any stock at valuation. A freehold option is also available. Price on application.

Tel: (0191) 212-0000.