Location
The former restaurant is located on Heaton Road which is one of the busiest roads running through Heaton, a popular suburb to the east of the City.
The property forms part of a busy parade close to the junction of Rothbury Terrace and there are high levels of both passing and captive trade. This part of Newcastle is gaining a reputation as a food destination with a strong “café culture”.
Business Opportunity
A restaurant has been trading from this site since 1981 and the premises were refurbished in 2021 when all new services were installed including flooring, a new kitchen and dining space.
The main restaurant has now been split and the space now available comprises a dining area with a kitchen off and basement storage space below. There is also some additional storage on the ground floor together with a DDA toilet.
The space would be suitable for a number of uses but this is a rare to the market part fitted food opportunity with viewing strongly recommended.
Premises
Comprises a ground and lower ground floor unit;
Ground Floor (all measurements approximate)
Restaurant 47 sq.m. (500 sq.ft.)
Kitchen 27 sq.m. (290 sq.ft.)
Disabled W.C.
Basement
Stores / Cellar 22 sq.m. (235 sq.ft.)
Services
Gas, water and electricity on site.
Business Rates
The premises are assessed as follows:
Rateable Value £tbc
EPC
Rating B.
Tenure
A new FRI lease is available at a commencing rent of £20,000 per annum. Full terms to be agreed.
Legal Costs
The ingoing tenant will be responsible for the landlord’s reasonable legal costs in the preparation of the new lease.
Money Laundering Regulations:
In accordance with the current Anti-Money Laundering Regulations, the Tenant will be required to provide two forms of identification and proof of the source of income.
