For Sale

A Taste of the Silk Road – Authentic Uyghur Restaurant Opportunity

Newcastle Upon Tyne, Tyne and Wear

• Asking Price: £399,999 +SAV
• Turnover: We are advised that the business generates an annual turnover of approximately £800,000, with a reported net profit of approximately £160,000.
  
  Current stock is estimated at approximately £20,000.
  
  
• Tenure: Leasehold

• Overview
• Location
• Premises

Please quote reference B09657



CoGoGo is delighted to present to the market this exceptional hospitality opportunity in the heart of Newcastle city centre.



Trading as a highly regarded Uyghur and Xinjiang restaurant, the business has established a strong reputation for its authentic cuisine, loyal customer base and impressive financial performance.



A standout feature of this opportunity is the rare late-night premises licence permitting operation until 4:00 am across both the ground and first floors. This licence allows not only food service but also nightlife and entertainment-led trading, creating significant opportunities for a new owner to maximise revenue well beyond traditional restaurant hours.



The business currently generates income through dine-in customers, takeaway sales and online ordering platforms, while still offering considerable scope for further growth. The spacious first floor is currently underutilised and presents an outstanding opportunity for conversion into a licensed bar, cocktail lounge, nightclub, cafe, shisha lounge, private events venue or other hospitality concept, subject to any necessary consents.



With both floors benefiting from the valuable late-night licence, purchasers have the unique opportunity to create a dual-income venue, combining a successful restaurant operation with a thriving evening and late-night entertainment business.



Established under the current ownership for three years, the business enjoys strong local support and benefits from its prominent position in Newcastle, attracting residents, students, professionals and visitors throughout the year.

Viewings are strictly by appointment only through CoGoGo.



Occupying a prominent position in Newcastle city centre, the business benefits from excellent footfall and strong visibility within one of the city's most established food and leisure destinations. The location attracts residents, students, professionals and visitors throughout the year.



The business operates from spacious leasehold premises arranged over two floors. The ground floor accommodates the established restaurant operation, providing customer seating areas, a fully equipped commercial kitchen and ancillary facilities.



A key feature of the premises is the valuable late-night premises licence, permitting operation until 4:00 am across both floors. This rare licence allows for both food service and nightlife activities, offering substantial flexibility for a new owner.



The upper floor is currently underutilised and presents a significant opportunity for expansion. Subject to any necessary consents, the space could be developed into a licensed bar, cocktail lounge, nightclub, café, private events venue or other hospitality-led concept, creating additional revenue streams and maximising the potential of the premises.

The property benefits from storage and ancillary areas throughout and is well-suited to continued trading while offering considerable scope for future growth and diversification.