Location
This established business is situated in the centre of this sought after and expanding village on the north western outskirts of Newcastle upon Tyne, near Ponteland. The village is within easy driving distance of the City centre and is also close to Newcastle International Airport.
Dinnington Village was included in The Telegraph’s list of the “poshest” villages in the UK and has an excellent range of local amenities including a GP Surgery, Village Hall, Primary School and Convenience Store. There is new housing and the local population is expanding.
Business
This former pub has been operating in our client’s hands as an Indian restaurant since 2015. The premises are in excellent order, and fully fitted and equipped for the trade, with the current layout offering a bar & waiting area and two separate dining rooms.
The business has a loyal customer base with regulars from both within the village and further afield. As well as the restaurant menu, there is a takeaway offer which has grown in popularity since Covid.
Viewing is recommended to fully appreciate the size, location and the fit and finish of this opportunity.
Premises
Ground Floor
Bar / Waiting Area
Restaurant 1
Restaurant 2
Kitchen
Ladies Toilets
Gents Toilets
Cellar
First Floor
Prep Kitchen
Storage
Staff Welfare
External
Beer Garden
Trading Hours
Monday - Sunday 5pm – 10pm
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Services
Electricity, Gas and Water is installed and there is central heating throughout the property.
Rates
The premises are assessed as follows:
Rateable Value £19,000 (from April 2023).
Discounts available till March 2025 subject to status.
EPC
Rating TBC.
Tenure
The premises are offered on a new FRI lease for a term to be agreed at £28,000 per annum plus VAT. 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.
