Businesses For Sale
Food
Established Juice / Coffee / Sandwich Bar
Tynemouth
£150,000 (Leasehold)
REF: NE2252
Location
This established business is located on Percy Park Road which comprises a pleasant mix of independent shops, cafes and restaurants. The unit is located between the village centreand seafront and Tynemouth repeatedly features in lists of the “Best Places to Live in the North East”. The attractive coastal location and proximity to Newcastle upon Tyne make it easy to understand why.
There are excellent road and rail links to and from the town and the local population is a broad demographic that includes young professionals, families and older or retired couples. Tourists visit the area throughout the year but peak in the school holidays, particularly in the summer months when there are a number of festivals.
Business Opportunity
This juice bar has been trading since 2024 and has an excellent reputation with high numbers of regulars and repeat customers. The venue is a popular meeting place for the local running and surf clubs and is also opposite Kings Priory School (Percy Park Site) which attracts customers on the school run.
The juice and smoothie menu is entirely fruit based and the business has built its reputation on the quality of this product. However, over the last 12 months the menu has been expanded to include sandwiches and acai bowls plus a selection of coffees.
This is an ideal opportunity for an owner operator or as a bolt on for an existing network. Viewing is strongly recommended to appreciate the site and opportunity.
Staff
Operated under management by 2 full time and 2 part time weekend staff.
Premises
Comprises a ground floor self-contained unit.
Service Area circa 335 sq.ft. (31 sq.m.)
Kitchen circa 170 sq.ft. (15 sq.m.).
W.C.
EPC
Rating - B.
Trading Hours
Monday – Sunday 8am – 5pm
Fixtures & Fittings
An inventory will be made available to bona fide purchasers prior to any exchange of contracts.
Services
Electricity and water is installed to the property
Rates
The premises are assessed as follows:
Rateable Value £9,900
Rates free incentives subject to status.
Tenure
The premises are held on a 5 year FRI lease from February 2024. The rent is £15,000 per annum and there are no rent reviews or break clauses within the term.
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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