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Fully Fitted Cafe Opportunity

Low Fell £29,500 Leasehold REF: NE2081

Location

The premises are located on the main road running through the popular suburb of Low Fell.  This is a sought after residential area with a broad range of residential accommodation and busy secondary shopping area that serves the local population.  Tenants include a pleasant mix of small independent shops plus multiples such as Subway, Costa and Co-op Foodstore.

Business Opportunity

A coffee shop has operated from this site for over 10 years but currently only opens to the public one day a week and the rest of the time the space is used as a prep area for the seller’s outside catering business.  The trading name will not be included and only the lease and fixtures are for sale.

This upper floor space has direct street access via a lobby from Durham Road which leads up to a pleasant dining and service area. The dining room is set out for between 28 and 32 covers with a mixture of tables, chairs and bench seating.  The kitchen is compact but well fitted and equipped with a new cooker and extraction canopy.

This site offers genuine potential to motivated new owners and whilst it is currently fitted as a coffee shop, it could be used for a variety of food offers.

Premises

Comprises a first floor café.

Ground Floor

Lobby

Store Room

First Floor

Dining Area                             42m2       450ft2

Kitchen                                      8m2         90ft2

Toilet

Toilet

EPC

Rating B.

Staff

To be sold free of staff.

Fixtures & Fittings

A full inventory would be made available prior to an exchange of contracts.

Rates

The premises are assessed as follows:

Rateable Value           £3,900

Rates free incentives subject to status.

Tenure

The premises are currently held on a 10 year FRI lease dated from 2016.  The current rent is £9,480 per annum. We are verbally informed a new lease is available with terms to be agreed.

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.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

Similar Food opportunities

If you have something more specific in mind then please give us a call on 0191 487 8566, we're always happy to help.

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