The premises are located within the centre of Heaton which is one of the most popular suburbs of Newcastle upon Tyne.
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.
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
We are verbally informed that the premises are assessed as follows:
Current rates payable £10,019 per annum
Rating – D.