Sandwich Bar & Coffee House In Central Newcastle For Sale

Business description

Sales £2,000 per week on short hours.
Net profit circa 42% of turnover.
Excellent central location.
Compact, easily managed premises.
Long established trading position.
Ideal for couple or partnership.
LEASEHOLD £95,000 plus SAV

Property information

Property:

Leasehold

Lease terms:

Held on a 10 year lease from August 2006 at a passing rental of £6,850 per annum. There are no further rent reviews.

Leasehold rent:

£6,850 per annum

Location:

The shop is located on a very busy street which links the Central Station with Grey Street, Mosley Street and the City Centre. The position generates high levels of both passing and captive trade and there is significant regeneration in the immediate area with new offices nearby which have recently been let and a Sleeperz Group Hotel opening in early 2012. Collingwood Buildings directly opposite the business is also about to undergo some development which would generate new flexible office space.

Premises details:

Comprises the ground and basement of an attractive office building.

Business Operation

Trading hours:

Monday - Friday 8.00am — 3.00pm
Saturday & Sunday closed

Employees:

1 part time member of staff.

Years established:

5

Other information

Related documents:

• 
• Document