Location
The business is located in a small parade close to the junction of High West Street and Regent Terrace. The parade is within the main shopping district, close to the Civic Centre and adjacent to the Gateshead Interchange public transport hub.
Business
This is a long-established café and coffee house which has been trading from this location since 2010 and is on the market as the current owner is retiring.
The premises are configured to provide a main dining area at the front with up to 30 covers plus a staff service area to the rear. At the back of the premises there is a well-equipped kitchen plus a useful mezzanine storage space and staff W.C.
The menu is traditional coffee shop fare with hot and cold drinks, light meals and a wide range of cakes. The unit is in good order and was reconfigured during Covid to provide partitioned seating areas that have proved popular with the regulars. The majority of the trade is “sit in” but the collection trade is increasing as office workers return, particularly to the Civic Centre nearby.
Viewing is strongly recommended to appreciate this opportunity and the scope it offers.
Premises
Comprises a ground floor single storey premises;
Ground Floor
Coffee Shop / Dining Room 56 m2 600 ft2
Kitchen 10 m2 106 ft2
Customer W.C.
Staff W.C.
Mezzanine
Storage
External
Parking 2 passes available.
Staff
Currently operated by the owner with the help of 2 members of staff.
Trading Hours
Monday - Saturday 8.00am - 4.00pm
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £6,800
Rates free incentives available subject to status.
Tenure
We understand that the premises are held on a 5 lease expiring in November 2024. The current rent is £12,000 per annum plus a service charge. Further details available on request.
EPC
Rating B.
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.
