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Health Food Business

Gateshead Area £45,000 Leasehold (fees apply) REF: NE1765

Location

The premises are located within the original shopping parade built to serve the popular Team Valley Trading Estate.  This Estate is the North East’s premier commercial location covering 285Ha (704 acres) and   providing in excess of 650,000 sq.m. of office, retail and industrial space. The shopping centre is located on Kingsway which is the main road through the Estate and the shops have their own designated car park.

Business

This business has operated from the premises since 2020 and was a natural progression from its previous pop up and mobile services.  Established in 2019 the business quickly gained a reputation for the quality and range of food offered. The business has been placed on the market due to a growing family commitment.

The premises were refurbished and refitted in 2020 and have been configured as an open plan space with a retail service area to the front and then prep to the rear. All the meals are hand prepared on site with a fully transparent ingredient list and the model is based on a flexible approach to nutrition, whilst ensuring a high protein content. Breakfasts and lunches can be bought over the counter, together with coffees and cold drinks and the other significant element of the business is the meal plan service with 5 or 7 day packages available to clients.

There is scope to develop the menu further and to extend the weekday trading hours or to open on a Saturday where there appears genuine demand. New owners could look at offering other services, such as outside catering or delivery rounds, and the business is a rare opportunity with high profit margins and potential to grow in the right hands.

Premises

Comprise a self-contained ground floor shop which forms part of a busy shopping parade.

Ground Floor circa 370 sq.ft. (35 sq.m.)

Retail Area / Kitchen Prep

W.C.

Staff

Operated by our clients (2) with the help of 2 staff.

Fixtures & Fittings

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

Trading Hours

Monday - Friday            7.30am – 2.30pm

Saturday & Sunday       closed

Rates

The premises are assessed as follows:

Rateable Value £9,700 (2017 list)  

Rates free incentives subject to individual status.

Tenure

The premises are held on a 3 year lease from October 2020. The current rent is £11,000 per annum with a service charge of circa £2,500 per annum.

EPC

Rating - C

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.

 

 

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.

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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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