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Vacant Former Bar Restaurant To Let Wallsend For Sale

Wallsend, Tyne and Wear, UK
Asking Price:
£17,500
Turnover:
Available on request
Net Profit:
Available on request

261 High Street East Wallsend NE28 7RU

Unit for let. Former public house in North Tyneside area. Floor area 484.6 sq.m. (5,216 sq.ft.). Suitable for a variety of uses (stpp).

Former Coach & Horses public house. Attractive grade II listed building situated over ground floor and basement levels. Excellent passing trade. New flexible lease terms. Ideal for restaurant use. Incentives available. Rent rising to £22,000 (year 2).

Note: The property cannot be used as a public house

EPC: C

Rent £17,500 per annum

Ref H215

Property Information

Property:

Leasehold

Lease Terms:

A new lease is available, terms and conditions to be agreed.

Leasehold Rent:

£17,500 per annum

Location:

The property is located on High Street East, Wallsend. It is
situated in the central business district of the town and is
surrounded by retailers and professional service
companies including banks, building societies and estate
agents. Wallsend is a densely populated area on the north
side of River Tyne and is approximately 4 miles east of
Newcastle City Centre which is easily accessed via the
A1058 Coast Road which also links Wallsend to
Tynemouth at the coast approximately 5 miles east. Also
within easy reach is the Tyne Tunnel and the A19 leading
to the A1(M).

Premises Details:

We are delighted to offer the ground and basement levels
of this imposing well-presented grade II listed former
public house.
The ground floor has an area circa 239.04 sq. m. (2,573 sq.
ft.) consisting two large open plan rooms, kitchen and
male/female W/C facilities.

There is also a cellar 245.6 sq. m. (2,643.6 sq. ft.) made up
of various rooms, this area is dry and has good head
clearance.
The unit would be ideal for a food lead/restaurant
although other uses would be welcomed.

Rent
£17,500 per annum year 1 rising to £22,000 year 2 +

Size in square feet:
5,216
Energy Performance Rating:
C  View EPC Graph for this property

Other Information

Related Documents:

Contact RMS Estate Agents

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