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Former Micropub

Swalwell £ Nil Premium (fees apply) REF: NE1994

Location

The opportunity is located on Market Lane, a busy road which runs parallel with the A1 Western Bypass from Dunston through Swalwell to Blaydon.

The immediate area is mixed use with a range of commercial, retail and residential property all close by.  There is a free car park to the side that is used by tenants and their customers.

Business Opportunity

This former retail unit was converted into a micropub around 2018 and is configured to provide a main bar and seating area to the front and then up a step there is another seating space together with some toilets.

The space is fully fitted and equipped as a small microbar and is a genuine “turn key” opportunity for a new owner.  To the ground floor there is a cellar space which is also fitted out for bar use.

The landlord would also be willing to rent the unit out for alternative uses.

Terms

The premises are available on a new lease with an asking rent of £750 per calendar month.  The tenant will be responsible for the landlord’s reasonable legal costs in the preparation of the new lease.

Business Rates

The premises are assessed as follows:

Rateable Value - £5,700

Rates free incentives subject to status.

EPC

Rating - E

A copy of the certificate would be available on request to any interested party.

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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