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£23,000
Per annum
SOA
Space

Location:

The business is located on Westgate Road which is a very busy road through Newcastle there are a range of other independently owned businesses on the street. Newcastle is a suburb of Tyne & Wear and is densely populated; Westgate Road in particular enjoys a high level of traffic and foot fall. Parking is available on the street.

Description:

The subject business currently trading as a Indian Takeaway forms part of a t mid terrace premises. The business occupies a good position and the premises benefits from A3 (takeaway) use classification with 3-bedroom upper parts as well. Commercial kitchen to the rear fully fitted and equipped for the trade.

Uses:

premium:

£70,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill

rental:

£23,000 per annum including upper parts

business rates:

Interested parties are recommended to make their own enquiries with the Rating Department of Local Council

size:

Approximately 825 sq ft

opening hours:

7 days a week from 12:00 noon to 23:30 p.m

staff:

Owner managed with 2 staff

upper parts:

Three-bedroom upper parts

turnover:

We are advised that the yearly turnover is approximately £182,000 per annum.

Legal cost:

To be confirmed

local authority:

Newcastle & North Tyne side Health Authority

reference charge:

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

Holding deposit:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

fixture & fittings:

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

agent note:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 4. All rent prices, fees and charges are quoted exclusive of VAT

viewings:

Through London Properties by appointment only

Property additional info

premium:

£70,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill

Features

• Fridge Freezer

• Microwave

• Full Double Glazing

• Oven/Hob

• Gas Central Heating

• Combi Boiler

• Class: A3 : Restaurants and cafes

• Size: 850

Listed Features

  • Double Glazing
  • Restaurant
  • Parking
  • Outdoor Space
  • Kitchen
  • Cafè
  • Heating
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