We are pleased to offer to the market this two floor premises currently occupied by Lollo Rosso, ideally located on Bridge Street, Morpeth. The property has A3 restaurant use class with seating for 80 people spanning the ground floor with a bar area and pantry space, plus a full commercial kitchen, staff and customer W.C.S and storage space to the first floor. All fixtures and fittings are included in the premium; a full list can be gained upon request. The premises has become available due to Lollo Rosso relocating, and is available to let at 27,000 per annum with 17 years remaining on the lease.
The subject property is centrally located within Bridge Street, Morpeth. Bridge Street itself is a main road running through the centre of the market town providing a wide range of services and facilities. The business also benefits from its location being situated directly overlooking the bridge, within sight of all incoming and outgoing traffic. Morpeth itself is a historical market town located approximately 20 miles north of Newcastle city centre.
Ground floor Bar/waiting area: 30.03sqm Main restaurant/dining area: 64.60sqm Bar area: 8.40sqm Additional dining area: 17.60sqm Pantry: 8.20sqm nia 128.83sqm First floor
Landing Staff/ladies/gentlemen W.C.S: 19.82sqm Storage: 11.80sqm Commercial kitchen: 27.20sqm Fire exit leading to steel fire escape. Nia 58.82sqm
Total nia: 187.65sqm
The property is let on an iri lease at 27,000 per annum with 17 years remaining.
The adopted rateable value is 14,250 as of 1st April 2017. Sourced from voa.
Available upon request. Rating C.
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.
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