CoGoGo welcomes an excellent opportunity to acquire the lease and assets of a former takeaway premises occupying a prominent trading position in Newcastle upon Tyne.
The premises are fully fitted and equipped, providing an ideal opportunity for an incoming operator to establish a food and beverage business with minimal additional investment.
The business previously traded as Aby's Biryani and is now offered as a leasehold premises with fixtures, fittings and equipment included. The owner is selling due to family commitments.
The premises formerly operated as a takeaway and offer a ready-to-occupy commercial unit suitable for a variety of food and beverage uses, subject to any necessary consents.
The owner has operated the business since 2015 and is offering the opportunity as an asset and lease acquisition. The premises are currently closed, allowing a purchaser to implement their own trading concept from day one.
Equipment Included
A comprehensive range of catering equipment and trade fixtures is included within the sale, comprising:
EPOS system
Soft ice cream machine
Two tabletop electric fryers
Lincat extraction hood
Blender
Two microwave ovens
Two tall refrigerators
Two under-counter refrigerators
Coca-Cola display fridge
The owner advised that the assets have an approximate replacement value in the region of £25,000.
Key Selling Points:
Prominent high street location in a sought-after location
Excellent footfall and passing trade
Densely populated residential and student catchment area
Fully fitted and equipped takeaway premises
Ready for immediate occupation and operation
Existing customer service and commercial kitchen layout
Valuable fixtures, fittings and equipment included
On-street parking is available nearby
Affordable rent and low rentable value
Opportunity to develop a new food and beverage concept
Asset value in the region of £25,000 is included within the sale
Approximately five years remaining on the lease term
Viewing is strictly by appointment through CoGoGo.
Financial Profile
We are advised that this opportunity is offered as a lease and asset sale.
The 2026 Rating List records a Rateable Value of £2,800. Subject to eligibility, occupiers for whom this property is their sole trading premises may qualify for Small Business Rates Relief. Interested parties should make their own enquiries with the local authority.
