Newcastle Leasehold Restaurant and Cafe Premises with Hot Food License for Sale
Newcastle upon Tyne, Tyne and Wear
- Status
FOR SALE
- Advert ID
624595
- Reference
5892 / Rightbiz
- Call Agent:
- Leasehold: £25,000
- Rent: £7,500 (£625 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Attractive Business
- Unique Business
- Established Business
- Prime Location
Business Details
PRICE REDUCED Vacant Leasehold Premises Licensed for Restaurant, Cafe and Hot Food takeaways
Key Features
- Vacant Leasehold Premises
- Licensed for A3/A4/A5 Restaurant and Cafes/Drinking Establishments and Hot Food takeaways
- Prime location between city centre and coast
Viewings
This opportunity is a confidential sale and any viewings for the business and/or property are by appointment only and no approach should be made directly to the owner or any of their employees.
Location
This business is located in Newcastle upon Tyne off the Coast Road linking the coast with the city centre. The business is within the vicinity of other businesses of different types.
Business
Originally an Italian Cafe & Restaurant which closed 30 November 2024. Reason for closure and subsequent sale is due to the vendor's other business commitments.
Opportunity
Excellent online reviews and presence, they have their own website. For deliveries they used Deliveroo, Just Eat and their own delivery service. The business was known as an independent local restaurant.
Covers
20 covers inside
Fixtures & Fittings
Full list available on request
Fixtures & fittings including: till system, fridges, freezer, friers, ovens, boilers, mixers, coffee machine, tables & chairs, utensils, signs and decoration and other kitchen equipment.
Business Premises Rent: £7,500
Rateable Value: £5,900
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Lease Terms
Please contact us for further details
5 year lease commencement 27 March 2023
Retail Measurements
Ground floor area 41.2m² (443ft²)
Premises Licence
No premises licence
EPC
EPC rating E valid until 3 August 2031
Property Use Classification
A3/A4/A5 Restaurant and Cafes/Drinking Establishments and Hot Food takeaways
On-Site Services
N/A
Staff Employed
N/A
Trading Hours
N/A
Tenure
Leasehold only
Notice
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.
Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.
Contact Agent
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
