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Please download the full property specification below:


Restaurant High Street Felling, Gateshead, NE10 9LU

A3 RESTAURANT OR CAFÉ | Flexible Terms | POPULAR LOCATION | Low Rent | High Street, Felling | C886

£120.00
pw

(Monthly: £520.00)

Features

+ £6,240 per annum (£120pw)
+ Total area 576sqft (54sqm)
+ A3 License
+ Alcohol Premises Licence
+ Extended Opening Hours 7 Days a Week 8am-11pm
+ Unit Located Towards the Top of Felling Square
+ Close to public transport links and Gateshead Interchange
+ Retailers nearby include Asda Shopping Centre, Mobile Shop, Hardware, Barber and a range of restaurants and cafes.
+ Free public car parking seconds away

Location

The unit is situated in a prominent position in Felling Town Centre. Across from Asda Shopping Centre in Felling Square, Greggs and Heron Foods. Felling is located on the southern side of the River Tyne, 1.5 miles to the east of Gateshead and 3 miles to the south east of Newcastle upon Tyne. The town has excellent road links, adjacent to the A184 which offers access to Sunderland, Gateshead and Newcastle city centre together with the A1M, A19 and in turn A1 trunk road. The region benefits from good rail communications being situated on the main London to Edinburgh intercity east coast lines.

Description

This centrally located property is ideal for starting or relocating your business. With its A3 and alcohol license it can be used as a restaurant, café or anything else you choose. The property has recently been granted additional opening times Monday-Sunday 8am-11pm. The new tenant has the option to take over the currently trading restaurant with the equipment as per images.

The current business has successfully run as a profitable res-taurant, with the current tenant only letting go of the business as they have had to move country. There will be a minimal charge for the equipment.

Alternatively should the new tenant wish the equipment will be removed to allow for any other business to take a lease. The unit consist of a large dining area, customer order counter, modern fitted kitchen, and customer disabled toilets The unit is secure and benefits from external roller shutters, it is available for immediate occupation.

Accommodation

The accommodation comprises the following approximate Net Internal Areas:

Ground Retail Zone A: 28.5sqm 307sqft
Ground Retail Zone B: 1.3sqm 14sqft
Ground Cupboard Under Stairs: 2.5sqm 27sqft
Ground Public Toilets: 3.4sqm 37sqft
Ground Staff Toilets: 1.9sqm 20sqft
Ground Prep Area: 15.9sqm 171sqft
Ground Total Area: 53.5sqm 576sqft

Lease Terms

The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £6,240 per annum exclusive.

Business Rates

The current rating assessment is as follows: Shop & Premises £3,600.00.
The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief.
For further information please contact Gateshead Metropolitan Borough Council.

Legal Costs

The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.

VAT

All figures quoted are exclusive of VAT where chargeable.

Viewing

By appointment through sole agents, Thrower Stone Group.

Subject to Contract

Contact Us

Call: 0191 477 5777
Text/WhatsApp: 07920 522 713

Call us to discuss your requirements: 0191 477 5777