Trading Restaurant Opportunity in Ponteland For Sale

Property Information

Property:

Leasehold

Leasehold Type:

Existing

Lease Terms:

The premises are held on a 10 year lease from 2017 at a passing rent of £18,000 per annum. Further details on application.

Leasehold Rent:

£18,000 per annum

Location:

The business is situated in The Broadway shopping centre which is located in the suburbs of this pleasant residential town. Ponteland is one of the most popular suburban towns around Newcastle, with straightforward access to the City via the A696.

The parade has a designated car park to the front which is a major asset for all the businesses on the strip.

Premises Details:

This is a thriving food opportunity which opened around 2018 but one which has been reluctantly placed on the market as our client is reducing their work commitments.

The premises are in good order and were refurbished prior to the business opening and have been regularly updated as trade has developed. The ground floor space is configured to provide a main dining space with toilets off plus a bar and the kitchen space to the back.

The current menu offers breakfast, lunch and dinner options using quality, local ingredients where possible. Burgers and pizza are on the menu together with a range of mains and daily specials. A range of Fusion dishes has recently been launched and the initial feedback has been very positive.

This is a rare food and drink opportunity in a sought-after position and viewing is strongly recommended to fully appreciate the potential of this going concern.

Size in square feet:

830

Energy Performance Rating:

C

Business Operation

Management type:

This business is owner operated.

Trading hours:

Current Trading Hours (permitted to trade later)

Monday - Wednesday 8.30am - 5.00pm
Thursday - Saturday 8.30am - 8.30pm
Sunday 8.30am - 4.00pm

Employees:

Currently operated by the owner with the help of 2 full time chefs and 8 part time workers

Years established:

7 years