Location
The business premises are located within a busy secondary shopping parade in the heart of Longbenton, on a corner site at the junction of Benton Road with Whitley Road. There are high levels of potential passing trade, supported by the free on street parking, and immediate area comprises a mixture of offices, commercial and residential accommodation all of which provide good levels of captive trade.
Business
This business opportunity currently comprises a broad food offer which includes retail, collection and delivery. The menu is extensive and during the day the concentrates on traditional hot and cold sandwiches with a selection of daily specials. This is popular with the lunchtime customers who are predominantly office workers from the nearby HMRC offices at Benton View. There are approximatel 20 internal covers for customers who wany to sit in.
In addition to the walk-in lunchtime trade there is a delivery van that runs daily predetermined rounds visiting local retail parks, industrial estates and out of town office blocks.
From around 2pm onwards the menu diversifies to include burgers, hot dogs, kebabs and “movie foods”, similar to a hot food takeaway. The business is listed on both Just Eat, Uber Eats and Deliveroo and the rear preparation area is fully compliant with a new extraction system installed at the start 2022. At the moment approximately 80% of the sales are generated from the delivery service. The rear space has ample capacity to cope with additional production and this could be in the form of more wholesale production, deliveries or a buffet/corporate offer.
This is a rare hot food opportunity within this suburb and enthusiastic new owners could drive this business forward.
Premises
Comprises a retail shop with a large kitchen and prep area to the rear. The premises from part a larger terrace of shops and offices with on street parking to the front.
Ground Floor
Retail / Dining Area 470 sq.ft. (43.5 sq.m.)
Kitchen 325 sq.ft. (30 sq.m.)
Prep Area 485 sq.ft. (45 sq.m.)
Toilets
EPC
Rating E. A copy of the document is available on request.
Trading Hours
Monday - Thursday 7.00am - 9.00pm
Friday - Saturday 7.00am - 10.00pm
Sunday 7.00am - 3.00pm
Staff
The business is managed by our client with the help of 6 members of staff.
Fixtures & Fittings
An inventory will be available to bona fide purchasers prior to any exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £tbc
Tenure
The premises are held on a 5 year lease from 2021 with a break clause at the 2nd anniversary. The rent is £200 per week and there are annual rent reviews. Full lease details are available on application.
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.
