Leasehold Takeaway Premises & Assets For Sale Newcastle Upon Tyne

The premises formerly operated as a takeaway and offer a ready-to-occupy commercial unit suitable for a variety of food and beverage uses, subject to any necessary consents.

The owner has operated the business since 2025 and is offering the opportunity as an asset and lease acquisition. The premises are currently closed, allowing a purchaser to implement their own trading concept from day one.

Equipment Included

A comprehensive range of catering equipment and trade fixtures is included within the sale, comprising:

• EPOS system
• Soft ice cream machine
• Two tabletop electric fryers
• Lincat extraction hood
• Blender
• Two microwave ovens
• Two tall refrigerators
• Two under-counter refrigerators
• Coca-Cola display fridge

• Prominent high street location in a sought-after location
• Excellent footfall and passing trade
• Densely populated residential and student catchment area
• Fully fitted and equipped takeaway premises
• Ready for immediate occupation and operation
• Existing customer service and commercial kitchen layout
• Valuable fixtures, fittings and equipment included
• On-street parking is available nearby
• Affordable rent and low rentable value
• Opportunity to develop a new food and beverage concept
• Asset value in the region of £25,000 is included within the sale
• Approximately five years remaining on the lease term

The property occupies a highly visible position on Chillingham Road, the principal thoroughfare through Heaton linking the A1058 Coast Road to Byker. Heaton is a densely populated residential area with a substantial student population and benefits from excellent public transport links, including the Tyne & Wear Metro system.

Situated midway along Chillingham Road, the property enjoys a prime high street location that is highly sought after by both independent and national retailers. The area benefits from strong pedestrian footfall, passing trade and convenient on-street parking.



Premises

The property comprises a single-storey end-terrace commercial unit with a flat roof extending to a net internal area of approximately 15 sq. m. (161 sq. ft.).

The accommodation includes:

• Customer service area
• Preparation and kitchen area
• Staff WC facilities

We are advised that a six-year lease commenced in May 2025, with approximately five years remaining.

Current rent is £6,600 per annum for the first three years of the term, increasing to £7,800 per annum for the remaining three years.



Hours
Permitted opening hours, as advised by Newcastle City Council, are:

• Opening from 08:00 hours daily
• Closing at 23:00 hours daily

We are advised that this opportunity is offered as a lease and asset sale.

The 2026 Rating List records a Rateable Value of £2,800. Subject to eligibility, occupiers for whom this property is their sole trading premises may qualify for Small Business Rates Relief. Interested parties should make their own enquiries with the local authority.