Location
The premises are located within a busy and established local authority owned industrial estate in the centre of Ouseburn. This a thriving suburb of Newcastle found approximately a mile east of the City Centre and Tyne Bridge with excellent road and bus links. The immediate area is a mix of commercial, industrial, residential and hospitality accommodation and there are also new residential apartments being built nearby.
Business
This is a long established and reputable wholesale sandwich business which was set up by our clients from this location in 1992. The business has been placed on the market as our clients wish to retire.
The wholesale customers are serviced 3 days a week and include local convenience stores plus some vending machine units at Heaton Depot. The premises are spacious and are currently configured to provide a small waiting and service area with a large prep space behind.
The unit is fully fitted and equipped and there is a walk-in chiller. The current business provides an established brand with a loyal customer base but there is scope to develop the food offer further by extending the weekday production hours and by opening on a Saturday and Sunday. The premises would be ideal for use as a large kitchen for wholesale meal prep.
New owners could offer other services, such as outside catering or more dedicated daily delivery rounds but, overall, this is a rare to the market opportunity with high profit margins and potential for growth in the right hands.
Premises
Comprise a self-contained single storey industrial lock up unit forming part of a larger estate.
Ground Floor
Industrial Unit circa 800 sq.ft. (74 sq.m.).
W.C.
Staff
Operated solely by our clients (2).
EPC
Rating - E
Fixtures & Fittings
A full inventory would be made available to bona fide purchasers prior to an exchange of contracts. There is a Ford Transit Connect Van included in the sale. (Reg 2015, mileage circa 100k).
Trading Hours
Monday - Saturday 6.00am - 10.00am
Sunday closed
Rates
The premises are assessed as follows:
Rateable Value £3,850 (2017 list)
Rates free incentives subject to individual status.
Tenure
The premises are held on a local authority council lease at a current rent of £3,200 per annum plus service charge of circa £650 per annum. Further details 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.
