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Property Listing Details

Restaurant/cafe for sale

Raby Cross, Byker, Newcastle Upon Tyne NE6

  • Business for sale

£10,000

(£14.08/sq. ft)

Property details

Features

  • floor area710 sq. ft
  • Business for sale
  • Indian takeaway
  • Well presented dining area
  • Large kitchen
  • Fixtures and fittings included
  • Prominent corner position

Listing view statistics

Last 30 days: 64 page views

Since listed: 502 page views

Description

Summary

We are pleased to offer to the market this Indian takeaway business for sale known as 'Spice Kingdom', located on Raby Cross, Byker. The property has a large well presented seating/dining area as well as a large preparation room to the rear. Fixtures and fittings are to be included in the business sale and accounts can be made available upon request.

Location

The property is located in a prominent corner position on the end of Raby Cross, Byker, Newcastle upon Tyne. This is a densely populated residential estate and form part of a small shopping area with the benefit of pull in parking.

Accommodation

Ground floor
Dining/service area: 33sqm (355sqft)
With tables and chair, service counter and sofas.
Kitchen: 33sqm (355sqft)
With gas burner stove, tandoori oven, hot plate, pizza oven, bain marie, kebab stick, grill, extraction system, fryers, sink unit, worktops, fridge freezer and microwave.
W.C.
Nia approx. 66sqm (710sqft)

Mains electricity, water and sewerage services are connected to the property.

Lease Terms

The property is currently held on a 25 year local authority lease from 2016 at a rent of 5,100 per annum.

Business Details

The business is known as 'Spice Kingdom', an Indian takeaway. The current menu is purely geared towards Indian cuisine but it is quite broad and incorporates elements of Italian and Lebanese cuisine. The menu could be expanded further by a new owner if required.

The majority of the trade is collection but there is a delivery element and there is further scope to develop this side of the business by subscribing to networks such as Just Eat or Hungry House.
Spice Kingdom is open every day from 5pm - 11.30pm, but we have been informed that the premises can trade from 11am. The business is run by the owner with the help of family members.

With regards to fixtures and fittings, these are included and a full inventory would be made available prior to an exchange of contracts.

Rateable Value

The adopted rateable value is 3,200 as of 1st April 2017.
Sourced from voa.

EPC

Available upon request.

VAT

We are advised that VAT is not applicable on this transaction.

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.

Map & Nearby

Local Amenities

  • Manors 1.1 miles
  • Newcastle 1.6 miles
  • Byker Primary School 0.1 miles
  • St Lawrence's RC Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Manors 1.1 miles
  • Newcastle 1.6 miles
  • Byker Primary School 0.1 miles
  • St Lawrence's RC Primary School 0.2 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Pattinson - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information.