Location
The business is situated on the main A696 road running through the heart of this pleasant residential town to the North East of Newcastle upon Tyne.
Ponteland is one of the most popular suburban towns in and around Newcastle with straightforward access to the City via the A696. The café has parking to the rear which is a major asset for any business in this town.
Business
This is a thriving café which opened in early 2023 which has been reluctantly placed on the market as our client wishes to concentrate on their other business interests.
The premises are in superb order as they were refurbished completely less than 2 years ago. The ground floor space is extensive and is configured to provide a retail and collection counter at the front with the dining areas beyond and a largee kitchen space to the back. The interior design is unique and some of the items within are bespoke and were created specifically for the space.
The current menu offers breakfast, lunch and afternoon tea options all of which are made from high quality ingredients. Sandwiches are offered with either sour dough, focaccia or ciabatta with fillings which include goat cheese, chicken schnitzel plus more traditional options.
The business trades on relatively short hours by choice and there is scope for a new owner to open later or diversify, particularly as the kitchen is large enough to cope with a broader offer.
This is a unique food opportunity in a sought-after position and viewing is strongly recommended to fully appreciate the potential of this rare going concern.
Premises
Comprises an extensive two storey end terraced building.
Ground Floor 150m2 1,650ft2
Service Area
Dining Room
Private Dining Space
Kitchen
Ladies Toilets
Gents Toilets
External
Rear Car Parking circa 4 spaces allocated.
Current Trading Hours (permitted to trade later)
Monday - Saturday 9am – 4pm
Sunday 10am – 3.30pm
Staff
Currently operated under management. The current trading model requires 3 members of staff on site.
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £13,750
Rates incentives are available subject to status.
Tenure
The premises are held on a 5 year lease from August 2022 at a passing rent of £28,000 per annum.
EPC
Rating B.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
