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Italian Restaurant

Newcastle Suburb £40,000 Leasehold (fees apply) REF: NE1167

Location

The premises are located within the centre of Heaton which is one of the most popular suburbs of Newcastle upon Tyne. 

Business Opportunity

The premises were refurbished in early 2017 and have been trading over the last 12 months but our client wishes to concentrate on another business venture out of the area.  No expense was spared in the fit out and the fixtures and fittings within the premises will all be included in any sale.  There is a fitted bar area and whilst the restaurant currently operates with an Italian menu it would be suitable for alternative cuisines.

Viewing is strongly recommended to appreciate the location and potential of this opportunity and the quality of the fit out.

Tenure

We are verbally informed that the premises are available on a lease at a PASSING RENT of £30,000 per annum.  A new longer lease may be available for a new tenant.

Full details to be agreed regarding term and rent reviews.

Permitted Trading Hours

Monday - Sunday 9.00am to 11.00pm

Rates

We are verbally informed that the premises are assessed as follows:

Current rates payable £10,019 per annum

EPC

Rating – D. 

 

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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