T: 0191 487 8566

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Licensed Restaurant Opportunity

Winlaton Mill £60,000 Leasehold (fees apply) REF: NE2138

Location

This popular restaurant is located in Winlaton Mill which lies on the busy A694 just to the east of Blaydon. The restaurant has the advantage of being in an extremely prominent roadside position with its own designated car park and directly opposite another  free car park.  

Accessibility is excellent and the A1(M) Western Bypass is less than 5 minutes away in the car.  The A694 runs between Blaydon and Consett and there are extremely high levels of traffic, 7 days a week.

Business

This site originally operated as an Italian restaurant and was acquired by our client in 2023 but has been placed on the market due to their other business commitments.

The premises are extensive and provide a service, waiting and bar area to the front with a large split level dining area beyond.  There is space for up to 80 covers in the main dining room and there is an outside seating area for another 24 people. 

The kitchen is spacious and a number of key pieces of equipment are less than 2 years old, including the pizza oven, cooker and grill.

The menu is specific to the cuisine and concentrates on providing authentic dishes that reflect the Greek roots of the owner.  An Italian element has been added to the menu over the last 12 months but the Greek food is the main draw. There is a collection service via Just Eat but no deliveries are currently offered.

The restaurant has a loyal customer base but could be used for another cuisine should a new owner wish

Premises

Ground Floor                          

Bar / Dining Room                   168 sq.m. (1,800 sq.ft.)

Kitchen                                      35 sq.m. (375 sq.ft.)

Gents Toilets

Ladies Toilets

External

Outside Seating                       24 covers.

Car Parking                              up to 14 spaces

Staff

Currently operated with 8 members of staff.

Trading Hours

Monday - Sunday                      12.00pm – 9.00pm

Fixtures & Fittings

Fully fitted and equipped.

Services

Electricity, gas, water and sewerage are connected.

Rates

The property is assessed as follows:

Rateable Value £25,750

Rates incentives subject to individual status.

Tenure

The premises are available on a new lease at a rent of £25,000 per annum. Further details on request.

EPC

Rating C.

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.

 

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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