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.
