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Former Food Prep Facility In North Tyneside For Sale

North Shields, Tyne and Wear, UK
Freehold Price:
£350,000
Leasehold Price:
£36,000
Turnover:
Not applicable
Net Profit:
Not applicable
  • GIA 5,200 sq.ft. with former commercial kitchen within.
  • Additional mezzanine level above former kitchen.
  • Separate office facility circa 600 sq.ft.
  • Busy estate close to Tyne Tunnel (North) entrance.
  • Former food prep space but suitable for other uses.
  • LONG LEASEHOLD £350,000 or RENT £36,000 per annum.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

New lease available. Ground Rent £1,840 plus VAT per annum.

Leasehold Rent:

£36,000 per annum

Location:

The unit forms part of a private courtyard on the ever popular Tyne Tunnel Trading Estate which is located at the northern end of the Tyne Tunnel, just off the A19 Trunk Road. The excellent road network allows easy access south, north and west via the A19, A1 and A1058 Coast Road.

The industrial estate is approximately 8 miles due east of Newcastle upon Tyne and 1 mile from North Shields Ferry Terminal which offer regular crossings over to mainland Europe.

Premises Details:

The unit was previously operated as a commercial kitchen and delivery hub and the internal layout was carefully configured to provide a large preparation and commercial kitchen area, which was fully compliant and sealed off from the rest of the unit, together with a loading and stores area. Whilst the commercial kitchen equipment has been removed, the walk in chillers and freezers are still in place.

The remainder of the floor space provides an open plan storage area for vehicles, equipment, crockery, glassware etc. In addition to the warehouse and kitchen space there is also an internal admin and office facility at the rear which incorporates toilets and staff changing areas.

The unit could easily be reconfigured to provide one open space and would be suitable for a variety of uses, subject to any required planning consents.

Premises:

Comprises an end terrace commercial unit.
Accommodation:

Warehouse circa 5,200 sq.ft. (484 sq.m) including former commercial kitchen space and stores.
Offices circa 600 sq.ft (46.5 sq.m.) over 2 floors.
Ladies Toilet
Gents Toilet
Disabled Toilet

Size in square feet:
6,000
Energy Performance Rating:
C

Other Information

Leasehold asking price:
£36,000
Business closed / Asset sale:
Yes