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Restaurant/cafe for sale

£35,000 (£42.27/sq. ft)

Merton Road, Ponteland, Newcastle Upon Tyne NE20

828 sq. ft*
Interested in this property? Call +44 191 686 1492 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Established takeaway business
  • Affluent location
  • Two storey mid-terrace
  • Fixtures and fittings included
  • Alcohol license

Property description

Summary

The subject business currently trading as Lorenzo's Pizzeria and Takeaway forms part of a three storey mid terrace premises. The business occupies a first and second floor position and the premises benefits from A5 (takeaway) use classification. Internally the property consists of 25 covers, commercial kitchen to the rear fully fitted and is equipped for the trade.

Location

The subject business is located on Merton Road, Ponteland, which lies 8 miles West of Newcastle with convenient links to the A1. The premises occupies a prominent position on Merton Road which lies perpendicular to Thornhill Road. The area benefits from a wide range of services and facilities, together with good levels of footfall and passing trade.

Accommodation

Staircase from ground floor level (occupied by hairdressers) leading to:


First floor


Main sales area, 25 covers, full commercial kitchen to the rear, fully fitted and equipped for the trade.
Nia approximately 36.54sqm.


Second floor


Additional accommodation for covers, male and female W.C. Facilities.
Nia approximately: 40.43sqm.

Total nia 76.97sqm.

Business Details

The business benefits from a weekly turnover averaging around 1,300 per week. Accounts are available on request. The occupier has recently been using takeaway aspect only. When restaurant was in use, takings averaged 2,000 per week.

Lease Terms

The business is held by way of existing lease at 9,000PA (inc VAT) with 20 years remaining.

Rateable Value

The adopted rateable value is 5,700 as of 01 April 2010.
Source:

EPC

We await a copy of the Energy Performance Certificate.

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.

Property info

What Zoopla users think of Ponteland

Overall rating:

  • currently 4 stars
Very good - 78% (45 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Ponteland:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Wylam (5.9 miles)
  • Blaydon (6.0 miles)
  • Cramlington (6.3 miles)
  • Newcastle Airport (2.2 miles)
  • Durham Tees Valley Airport (39.5 miles)
  • Leeds Bradford International Airport (82.0 miles)
  • North Shields Ferry Terminal (12.3 miles)
  • Newcastle International Ferry Terminal (12.4 miles)
  • South Shields Ferry Terminal (12.6 miles)

Nearby schools

View all schools in Northumberland
  • Ponteland First School (0.2 miles)
  • Darras Hall First School (1.2 miles)
  • Dinnington First School (2.9 miles)
  • Ponteland Community High School (0.5 miles)
  • Gosforth Academy (5.5 miles)
  • Trinity Post 16 Solutions Ltd. (6.2 miles)
  • Richard Coates Church of England School (0.2 miles)
  • Ponteland Middle School (0.5 miles)
  • Walbottle Campus (3.7 miles)
Note: Distances are straight line measurements

Local info for Northumberland

About the neighbours in NE20

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Pattinson - Commercial, NE1 on +44 191 686 1492 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson - Commercial, and do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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