- “Turn key” business opportunity.
- Located within a busy parade of shops.
- Fully fitted and equipped premises.
- Rear shop converted into a small bakery facility.
- Suitable for other uses, subject to landlord’s consent.
- Low fixed overheads.
- Viewing strongly recommended.
- LEASEHOLD PRICE £20,000 to include all fixtures.
- Asking Price:
- £20,000 Furniture / Fixtures included
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
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Leasehold
- Lease Terms:
-
The premises are held on a 5 year lease from 2024 at a passing rent of £6,000 per annum. There is a rent review at the 3rd anniversary and a copy of the lease is available to bona fide enquiries on request.
- Leasehold Rent:
-
£6,000 per annum
- Location:
-
This business opportunity is located within a busy, fully occupied retail parade.
This area of Newcastle comprises predominantly residential accommodation and lies between the suburbs of High Heaton and Heaton.
- Premises Details:
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The lease for this unit was acquired in 2020 and the space was completely refurbished and fitted and equipped to operate as the main hub for an independent doughnut making business.
All the equipment for the current business would be included in the sale but the trading name, and any of the intellectual property for the current business, Glazed, would not be transferred.
New owners would have the benefit of a fitted and equipped turnkey bakery space and immediate access to the local retail customers. The current business retails coffee, cakes and confectionery to customers but there is scope for a new operator to develop the current food and drink offer further
- Size in square feet:
- 505
- Energy Performance Rating:
- B View EPC Graph for this property
