This business is located within the main shopping area serving this popular village which lies approximately 6 miles west of Gateshead. Local occupiers comprise mainly small independents but includes a busy Tesco Express in the village.
Rowlands Gill is a sought-after residential location and well served by the A694 with good public transport links. The village is on the Derwent Walk cycle and walking route and Gibside is also nearby which brings a number of visitors into the area.
The business comprises a pleasant self-contained ground floor refurbished unit with seating for circa 15 to 20 covers plus a small kitchen / prep area to the rear. Externally there is a small outside area for seating when the weather permits. A coffee shop business has traded from the site for 10 years but the current owner is reluctantly selling for personal reasons.
The premises are modern with seating to the front and the service area to the rear. The menu comprises a range of hot and cold drinks, breakfasts, light meals and sandwiches and a range of very popular specials. All the produce is home-made fare which keeps the margins high and is also popular with the customers. There is a loyal customer base but passing trade is brought in from Derwent Walkers, Gibside and cyclists. This is a rare to the market opportunity and viewing is strongly recommended.
Comprises self-contained single storey premises;
Dining/Service Area circa 280 sq.ft. (26 sq.m) nice décor throughout with tables and chairs, serve over counter, coffee machines, chillers, cake displays, soup cauldron and numerous equipment and utensils.
The business is currently operated by our client with the help of 2 part time members of staff.
Current Opening Hours:
Tuesday – Friday 9.00am – 4.00pm
Saturday 9.00am – 3.00pm
Sunday - Monday closed
The premises are held on a 10 year lease from 2019 at a rent of £8,700 per annum (£725 per month). There are rent reviews every 3rd year and a break clause at the 5th year. Interested parties should seek legal confirmation of this.
The premises are assessed as follows:
RATEABLE VALUE £4,000
Rates free incentives are available subject to status.
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.