Businesses For Sale
Food
Coffee & Juice Bar Opportunity
Newcastle City Centre
£70,000 (Leasehold)
REF: NE2183
Location
This business opportunity is located at the eastern end of Nelson Street, in the heart of the City centre close to its junction with Grainger Street. The immediate area is a mixture of retail, food and leisure accommodation with high levels of both captive and passing trade. Nelson Street is a busy throughfare with access into both Eldon Square and Grainger Market.
Business Opportunity
A juice bar and coffee shop has traded from this site for the last 12 months but has been placed on the market as the owners wish to concentrate their efforts on their original outlet, located in Tynemouth.
The premises were fully refurbished prior to opening and no expense has been spared in that refit. The ground floor space is configured with seating options against the walls and an open plan service space which allows customers to order or collect. Behind the service counter there is a partitioned prep area and on the lower ground floor there is additional storage rooms plus separate ladies and gents toilets.
The previous menu was compact offering a range of hot and cold drinks, breakfasts, sandwiches and acai bowls. The premises will be left fully equipped but would be suitable for a range of other food uses under the current Class E planning and lease permission.
This is a well presented and centrally located food and drink opportunity with potential for new owners to take in any direction they wish. Viewing is recommended.
Premises
Comprise a self-contained ground and basement space forming part of larger property. Accommodation;
Ground Floor
Coffee Shop / Service circa 525 sq.ft. (49 sq.m.).
Basement
Store circa 145 sq.ft. (13 sq.m.).
Store circa 145 sq.ft. (13 sq.m.).
Ladies W.C.
Gents W.C.
External
Pavement Seating For up to 12 covers.
Current Trading Hours
Monday - Friday 8.00 am – 6.00pm
Saturday - Sunday 10.00 am – 4.00pm
Fixtures & Fittings
An inventory will be made available to purchasers prior to any exchange of contracts. Please note that the coffee machine is on a rental contract.
Rates
The premises are assessed as follows:
Rateable Value £20,250 (£25,500 from 4/2026)
Tenure
The premises are currently held on a 10 year lease from 2024 at a passing rent of £38,000 plus VAT per annum. There is a break clause and rent review at the 5th anniversary of the lease and a 6 month rent bond is required.
EPC
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.
If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.
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