Restaurant for sale

Victoria Terrace, Whitley Bay NE26


£85,000
S.O.A.

Features

  • Awt 6.500 - 7,000
  • Business For Sale
  • By way of an assignment of lease
  • Hot Food Takeaway
  • Prominent Position

Description

Summary

The subject business for sale is hot food takeaway, situated in a ground floor unit located just off the ever popular Whitley Road and retailers such as B&M in close proximity. The business benefits from opening hours of 3pm until 3am and also has a premises licence to sell alcohol. We are advised that the business is enjoying healthy sales and average weekly takings are 6,500 - 7,000.

Location

The subject property is located along Victoria Terrace, Whitley Bay. The property is well located close to Whitley Bay town centre with easy access to local transport links. The closest bus stop is a minutes walk away as well as Whitley Bay metro station being a 5 minutes walk.

Accommodation

Ground Floor: Main sales area 49.44 m2, prep room 26.25 m2, storage room 11.2 m2, wet room 6.44 m2, a walk in fridge and 2 WC. Nia 93.33 m2 (1,005 sq ft).

Business Details

The subject business is a Hot Food Takeaway that has been established over 30 years with glowing reviews on Just Eat and Uber Eats. The business has a licence to open 7 days a week 3pm until 3am. The business also has an alcohol premises licence and able to sell alcohol with food. We are advised that the businesses average weekly takings are around 6,5000 - 7,000.

Lease Terms

The business currently has a lease term of 20 commencing 1st July 2009 at an annual rent of 12,000. Lease available upon request.

Rateable Value

The adopted rateable value is tbc as of 1st April 2017.

Sourced from voa.'

EPC

If we have an EPC: Available upon request (rating D - 82).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Categories

Restaurants
Call
Property reference
CP_2D853DFE5C_330