T: 0191 487 8566

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Licensed Bar / Restaurant

Whitley Bay £75,000 Leasehold (fees apply) REF: NE1973

Location

This thriving business is situated in the centre of South Parade which is the main route running from the town centre down towards the seafront.   

Whitley Bay is enjoying significant investment with a number of commercial and residential developments currently under construction within the town. The Premier Inn brand has now arrived in the town and there has also been the redevelopment of the road and footpaths along The Promenade nearby.

Business

The site previously operated as The Parade gastropub before being refurbished and reopened as The Glass House in 2023.  The premises were reconfigured to provide split level dining spaces, a new bar and toilets plus a private dining area to the rear.

The current menu is predominantly Italian cuisine but there are burgers and steak options plus some more traditional dishes on the menu. The restaurant offers a Sunday lunch service and this has proved to be very popular, bringing in custom from quite far afield.

This venue has the benefit of being part of the “circuit” and Whitley Bay is becoming a more popular destination for a night out, particularly as there are increased hotel accommodation options now available.

Viewing is recommended to fully appreciate the size, location and the fit and finish of this space.

Premises

Ground Floor             (circa 2,500 sq.ft. / 232 sq.m.)

Bar / Restaurant

Private Dining Area

Kitchen                               

Ladies Toilets

Gents Toilets

Disabled Toilet

Cellar

Trading Hours

Monday                               closed

Tues - Wed                   12 noon - 9pm

Thurs - Sat                    12 noon - 10pm

Sunday                         12 noon - 8pm   

Fixtures & Fittings

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

Services

Electricity and Water is installed to the premises.

Rates

The premises are assessed as follows:

Rateable Value £27,750 (from April 2023).

Discounts available till March 2024 subject to status.

EPC

Rating C.

Tenure

The premises are offered on a new FRI lease for a term to be agreed at £25,000 per annum. Full details are available on application. 

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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