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Restaurant Premises Denton Rd 2,775 SF 100% Leased Retail Building Newcastle Upon Tyne NE15 7BD $26,991 ($9.73/SF)
Investment Highlights
- Restaurant for sale
- Free parking after 5pm in car park next door
- All fixtures and fittings included
- 19 years remaining on the lease
Executive Summary
We are pleased to present an exciting opportunity to acquire a business, located just off Scotswood Road, Newcastle Upon Tyne. This business is available for sale at a turn key price of £20,000, making it an attractive option for those looking to step into a well established venture. There is a few parking spaces available outside the property and after 5pm the car park next door offers free parking.
The monthly rent is set at £1,250, providing a manageable overhead for prospective buyers. Included in the rent is a 4 bedroom upstairs flat.
Included in the sale is all necessary equipment, allowing for a seamless transition into ownership. This means you can start operating immediately without the need for additional investment in tools or machinery.
This is a rare chance to own a business in a sought after location. Whether you are an experienced entrepreneur or a first time buyer, this opportunity is not to be missed.
The monthly rent is set at £1,250, providing a manageable overhead for prospective buyers. Included in the rent is a 4 bedroom upstairs flat.
Included in the sale is all necessary equipment, allowing for a seamless transition into ownership. This means you can start operating immediately without the need for additional investment in tools or machinery.
This is a rare chance to own a business in a sought after location. Whether you are an experienced entrepreneur or a first time buyer, this opportunity is not to be missed.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Building Size
2,775 SF
Building Class
B
Year Built
1884
Price
$26,991
Price Per SF
$9.73
Percent Leased
100%
Building Height
3 Stories
Parking
14 Spaces (5.05 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Storage Space
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Nearby Major Retailers
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Dean & Co
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Restaurant Premises | Denton Rd
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