Hot Food Opportunity In Durham City For Sale

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 5 year lease from 2025 at a current rent of £16,000 per annum plus VAT and which includes refuse removal services.

Leasehold Rent:

£16,000 per annum

Location:

The premises are located within the Riverwalk centre which is a modern leisure development on the south side of the River Wear, accessed via Framwellgate Bridge.

Durham is an historic City approximately 15 miles due south of Newcastle upon Tyne with the benefit of a mainline railway station and direct access to the A1(M). There is a Cathedral and Castle plus a highly reputable University, all of which draw visitors and tourists into the City throughout the year.

The immediate area of Riverwalk is developing into a predominantly food and leisure destination. New occupiers are scheduled to come into this part of the City and include Brewdog and the Everyman Theatre. The Odeon cinema complex is already open and trading and delivers high levels of footfall to the development.

Premises Details:

The premises comprise an attractive kiosk style unit forming part of a terrace of food & retail units. The unit is compact and part fitted and equipped for the trade with a small waiting area, a service counter and the prep area towards the back.

The current tenant operates a daytime only pizza slice due to family commitments, but the site is permitted to trade later. Whilst the kiosk is currently retail only, a delivery service could be offered by new owners and other cuisines could be launched.

Accommodation

Ground Floor

Service / Prep Area circa 200 sq.ft (18 sq.m.)
W.C. There are communal toilet facilities within the complex and tenants have keys for access.

Energy Performance Rating:

B