Location
This business opportunity is located on Chillingham Road within the suburb of Heaton, approximately 2 miles due east of Newcastle City centre. Chillingham Road is the principal road running through the suburb and nearby occupiers Sainsburys, Greggs the Bakers, Domino Pizza and Subway.
In addition to the high levels of captive trade from local shoppers and residents, there is ample street parking for any visiting trade.
Business
This licensed café business was established from these new premises in 2019 and is being placed on the market as the current owner is moving abroad.
The premises are compact but offer a modern and immaculately fitted and equipped space which is configured to provide a service area with internal bar style seating for 8 persons
The current menu is naturally niche, concentrating specifically on Japanese food but incorporated within and a fusion menu. Ingredients include Pork, Salmon and Beef prepared in a range of styles and dishes include tempuras, curries and sliders. The social media feedback is generally faultless and the unit has a 5* hygiene rating. Should a new owner prefer, the site would be suitable for other uses but this is a strong business and Heaton currently has a flourishing “café culture”.
Viewing is recommended to appreciate the location and quality fit out of this business.
Premises
Comprise a ground floor, single storey, self-contained unit forming part of larger retail property.
Ground Floor
Restaurant circa 240 sq.ft. (22 sq.m.) with bar counter, bench seating, griddle, Lynx 400 oven, coffee machine, microwaves, griddle and extraction system.
W.C.
EPC
Rating - D
Trading Hours
Monday - Friday 5.30pm - 10.30pm
Saturday 12 - 3.00pm 5.30pm - 10.30pm
Sunday closed
Staff
Operated by the owner with 1 member of staff.
Fixtures & Fittings
An inventory will be made available to bona fide purchasers prior to any exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £5,400
Rates free incentives available subject to status.
Tenure
Held on a 5 year lease from 2022 at a passing rent of £5,000 per annum for 1st year then £6,000 pa for years 2 & 3 and then £7,000 pa for rest of term.
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.
