- Outstanding opportunity, ideal for owner operators.
- Sought after residential location.
- Immaculate fit & finish.
- Free on street parking.
- Fully fitted and equipped premises.
- Low fixed overheads.
- Viewing strongly recommended.
- Asking Price:
- £35,000 Furniture / Fixtures included
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
We are verbally informed that the premises are held on a 5 year lease from 2024 at a passing rent of £10,800 per annum. Further details on application.
- Leasehold Rent:
-
£10,800 per annum
- Location:
-
This business opportunity is located within the popular and sought after secondary shopping area in Jesmond. This is one of the most popular suburbs of Newcastle with easy access into the City centre and an excellent local infrastructure.
- Premises Details:
-
The lease for the premises was acquired in 2021 and the unit was completely refurbished and fitted and equipped to operate as the main hub for an independent cake making business.
All the associated equipment for that cake making business would be included in the sale but the trading name, and any of the intellectual property for the current business, would not be transferred.
New owners would have the benefit of a fitted and equipped turnkey food prep space and immediate access to the local retail customers. The current business retails coffee, cakes, confectionery and sandwiches to customers but there is scope for a new operator to develop the current food and drink offer further.To the rear of the main retail space there is a separate back shop, a W.C. and access into the garage. The garage leads out onto the rear lane. A viewing is recommended to fully appreciate the fit, finish and location of this rare opportunity.
- Energy Performance Rating:
- D
Business Operation
- Management type:
- This business is owner operated.
- Years established:
- 4 years
