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Under offer

Cafe & Patisserie Opportunity

Newcastle upon Tyne Offers over £50,000 Leasehold (fees apply) REF: NE1940

Location

This business opportunity is located in an unopposed location at the junction of Leazes Cresent with Leazes Park Road close to the Royal Victoria Hospital, St James’ Park and Newcastle University.  There is ample car parking in and around this part of the City and the main shopping and office districts are within an easy 10 minute walk.

Business Opportunity

This site previously traded as a traditional café but was acquired by our client in 2015 and then refurbished to an extremely high standard before reopening in June 2015 as a bespoke Patisserie.

Les Petits Choux was a family operated business with the emphasis on quality. All the products on the menu were hand made on site using only the freshest and finest ingredients. The well-equipped kitchen means that this food offer can be baked to order which ensures customers got the freshest cakes, scones and flatbreads.  The menu included some lunch options and meals but focused mainly on the baked goods.

The premises are configured to provide a service and seating area to the front with a range of internal seating for approximately 20 covers and there are 12 external covers for when the weather permits.

Les Petits Choux was well supported by regulars together with both the passing and captive trade generated by the location.  In December 2023 the family made the difficult decision to close this profitable business due to a retirement within the family.  The business model remains available with scope for new owners to drive the turnover by incorporating other cuisine and to open longer hours than before.  

Premises

Comprises a self-contained ground floor café;

Cafe                 circa 45 sq.m. (490 sq.ft.).

Kitchen            circa 16 sq.m. (175 sq.ft.).

W.C

External Seating / Parking Space

Previous Trading Hours

Sunday - Monday                    closed

Tuesday - Saturday       10.00am - 3.00pm

Rates

The premises are assessed as follows:

Rateable Value £7,900 (2023 list)

Rates free incentives subject to status.

EPC

Rating D

Tenure

The premises will be offered on a new lease at an asking rent of £16,500 per annum. Full details on application and the ingoing tenant will be required to pay the landlord’s reasonable costs for the preparation of the new lease.

Money Laundering Regulations:

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

 

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