Location
This business opportunity is located on Chillingham Road within the suburb of Heaton, approximately 2 miles due east of Newcastle City centre. Chillingham Road is the principal road running through the suburb and nearby occupiers Sainsburys, Greggs the Bakers, Domino and Subway.
In addition to the high levels of captive trade from local shoppers and residents, there is ample street parking for any visiting trade.
Business
This bar and café business was established from these new premises in 2020 and is being placed on the market as the current owner is moving abroad.
The premises are compact and configured to provide a bar and service area at the rear with internal bar seating for between 12 and 14 persons plus external seating when the weather permits.
The current menu is compact and offers a range of Spanish themed drinks including beers, wines and cocktails. A selection of sandwiches and small plates is available and the food offer is rotated on a regular basis, dependent on the seasons and availability of the produce. Should a new owner prefer, the site would be suitable for other uses but this is a strong business and Heaton currently has a flourishing “café culture”.
Viewing is recommended to appreciate the location and quality fit out of this business.
Premises
Comprise a ground floor, single storey, self-contained unit with return frontage and forms part of larger retail property. Accommodation comprises;
Ground Floor
Café / Bar circa 240 sq.ft. (22 sq.m.) with bar counter, bench seating, beer fridges, coffee machine, gravity slicer, microwave, grill, fryer and extraction system.
W.C.
External
Seating pavement seating area plus standing area to the side.
Yard
Trading Hours
Monday & Tuesday closed
Wednesday - Saturday 12 - 4pm 6pm - 11pm
Sunday 12 - 6pm
Staff
Currently operated by the owner with the help of 1 member of staff.
Fixtures & Fittings
An inventory will be made available to bona fide purchasers prior to any exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £4,750
Rates free incentives available subject to status.
Tenure
The premises are held on a 5 year lease from 2020 at a passing rent of £7,500 per annum.
EPC
Rating - A
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.