Location
The business forms part of a busy retail parade in the centre of Castletown which is a densely populated residential suburb to the north east of the City centre.
Access is excellent via the A1231 Wessington Way and there are huge levels of investment taking place in and around Sunderland with new roads, bridges and infrastructure all completed.
Business Opportunity
These premises were refurbished throughout in 2017 and are currently configured to provide an 80 cover restaurant with fitted bar and a spacious kitchen and prep area to the rear. The dining space has an open plan section to the front with a bar and service space off and then behind the main space there is another seated area for private functions and parties.
The restaurant previously operated as an Italian but would be suitable for a variety of cuisines, or other food uses. The kitchen is spacious and fully fitted and equipped with room for additional plant and there are prep areas off plus rear access.
To the side of the unit there is a designated car park for up to 10 vehicles.
Premises
Comprises a single storey end-terrace property in good order throughout.
Ground Floor
Restaurant Area circa 1,180 sq.ft. (109 sq.m.)
Dry Stores
Gents Toilets
Ladies Toilets
Kitchen circa 570 sq.ft (53 sq.m.)
External
Car Parking for up to 10 cars
Trading Hours
Licensed to trade from 9.00am until 11.00pm.
Services
Gas, water, electric and sewerage is installed.
Rates
The premises are assessed as follows:
Rateable Value £10,750
Rates free incentives subject to status.
Tenure
A new FRI lease will be available at a rent of £12,000 per annum. Details on application.
EPC
Rating – C.
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.
