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Restaurant/cafe for sale

£49,950

Collingwood Street, Felling, Gateshead NE10

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

  • Ground Floor Retail
  • A5 Takeaway
  • Investment Opportunity
  • Prominent Position
  • Approx. 65.39m2 (703.8 )
  • Established Area

Property description

Summary

The subject property is a two storey premises of traditional stone build construction. The ground floor comprises A5 retail accommodation with storage in the basement. Internally the premises comprises main sales area with shop window frontage onto Collingwood Street, Sunderland Road. The property is currently occupied on an informal basis paying 5,400 per annum. We have been advised there is a lease in place for this.

Location

The subject properties are located within Collingwood Street, forming part of Sunderland Road in Felling Gateshead. The location is an established area east of Gateshead centre provided a reasonable level of services and facilities.

Accommodation

Ground floor consists of main sales area and commercial kitchen area.
Basement consist of storage, WC and office. Nia approximately 65.39m2 (703.8 sq. Ft.)

Lease Terms

Mithali Balti have a twenty year lease commencing September 2005 at a current rent of five thousand and
four hundred pounds per annum with a rent review every five years.

Rateable Value

The adopted rateable value being 2,200 as effective from 01 April 2010. Source:

EPC

We currently await a copy of the EPC.

Auction Information

The property is being sold under Conditional Auction Terms and Conditions, further information can be found in the auction catalogue.

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 Felling

Overall rating:

  • currently 3.5 stars
Good - 71% (17 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 Felling:

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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

  • Heworth (0.5 miles)
  • Manors (2.0 miles)
  • Newcastle (2.2 miles)
  • Newcastle Airport (7.7 miles)
  • Durham Tees Valley Airport (31.1 miles)
  • Leeds Bradford International Airport (75.2 miles)
  • Newcastle International Ferry Terminal (5.5 miles)
  • South Shields Ferry Terminal (6.0 miles)
  • North Shields Ferry Terminal (6.1 miles)

Nearby schools

View all schools in Gateshead
  • Brandling Primary School (0.1 miles)
  • Falla Park Community Primary School (0.3 miles)
  • The Drive Community Primary School (0.5 miles)
  • Yeshiva Lezeirim Preparatory Academy (1.4 miles)
  • Gateshead College (1.5 miles)
  • Discovery School (2.5 miles)
  • Ateres Girls High School (0.2 miles)
  • Thomas Hepburn Community Academy (0.6 miles)
  • Heworth Grange Comprehensive School (0.7 miles)
Note: Distances are straight line measurements

Local info for Gateshead

About the neighbours in NE10

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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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