Property photos
£29,950
Restaurant for sale
42 Dean Street, Newcastle Upon Tyne NE1Local area information
Property location
Nearby amenities
- Manors 0.3 miles
- Newcastle 0.3 miles
- Christ Church CofE Primary School 0.4 miles
- Our Lady and St Anne's RC Primary School 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- City centre restaurant / café
- Total area (ground & basement) 113 sq. M. (1222 sq. Ft.)
- Thriving leisure and nightlife quarter with strong footfall
- Suitable for a variety of cuisines
- Premises licence with food and alcohol provision
- Three phase electricity
- Available due to the current occupier’s relocation
- New lease terms available
- Rent £22000 + vat per annum
City centre restaurant / café. Total area (ground & basement): 113 sq. M. (1,222 sq. Ft.). Thriving leisure and nightlife quarter with strong footfall. Suitable for a variety of cuisines. Premises licence with food and alcohol provision. Three phase electricity. Available due to the current occupier’s relocation. New lease terms available. Rent £22,000 + vat per annum.
Price £29,950 Leasehold
Ref I313
Location
The premises benefit from a highly desirable position on Dean Street, close to its junction with Mosley Street, at the heart of one of Newcastle’s most vibrant and sought-after areas. This location forms part of the city’s thriving leisure and nightlife quarter, attracting high levels of footfall throughout the day and evening.
It is ideally situated within walking distance of the Quayside, Newcastle’s main retail core, and Newcastle Central Railway Station, ensuring excellent connectivity and a strong customer base from both local residents and visitors.
Description
The unit is located on the ground floor and basement levels of an attractive grade II listed three storey property.
The ground floor being 73.32 sq. M. (789.2 sq. Ft.) is open plan with customer W/C facilities.
The basement being 40.32 sq. M. (434 sq. Ft.) is a kitchen, pre/store area, and staff W/C facilities.
This is a genuine sale, as the current tenants have successfully relocated their central kitchen facility to Ouseburn. The majority of fixtures and fittings will remain in place, with the exception of the espresso machine, coffee grinder, and certain other items.
Notice
The unit can not be used for a convenience store or off-licence due to a conflict.
Licence
We have verbally been informed the property has a premises licence. Food shall be available to purchase at all times that alcohol is available for sale. Monday – Sunday 8:00am – 11:00pm.
Price
The unit is available with a premium of £29,950, reflecting its prime location and fixtures and fittings.
Tenure
Leasehold – A new lease will be available by the landlord.
Rent
£22,000 + vat per annum (paid quarterly in advance)
Deposit
£5,500 + vat per annum
Rateable Value
The 2025 Rating List entry is Rateable Value £15,750.
Costs
The ingoing tenant is responsible for the landlord’s legal fees.
Viewing
Strictly by appointment through this office.
Price £29,950 Leasehold
Ref I313
Location
The premises benefit from a highly desirable position on Dean Street, close to its junction with Mosley Street, at the heart of one of Newcastle’s most vibrant and sought-after areas. This location forms part of the city’s thriving leisure and nightlife quarter, attracting high levels of footfall throughout the day and evening.
It is ideally situated within walking distance of the Quayside, Newcastle’s main retail core, and Newcastle Central Railway Station, ensuring excellent connectivity and a strong customer base from both local residents and visitors.
Description
The unit is located on the ground floor and basement levels of an attractive grade II listed three storey property.
The ground floor being 73.32 sq. M. (789.2 sq. Ft.) is open plan with customer W/C facilities.
The basement being 40.32 sq. M. (434 sq. Ft.) is a kitchen, pre/store area, and staff W/C facilities.
This is a genuine sale, as the current tenants have successfully relocated their central kitchen facility to Ouseburn. The majority of fixtures and fittings will remain in place, with the exception of the espresso machine, coffee grinder, and certain other items.
Notice
The unit can not be used for a convenience store or off-licence due to a conflict.
Licence
We have verbally been informed the property has a premises licence. Food shall be available to purchase at all times that alcohol is available for sale. Monday – Sunday 8:00am – 11:00pm.
Price
The unit is available with a premium of £29,950, reflecting its prime location and fixtures and fittings.
Tenure
Leasehold – A new lease will be available by the landlord.
Rent
£22,000 + vat per annum (paid quarterly in advance)
Deposit
£5,500 + vat per annum
Rateable Value
The 2025 Rating List entry is Rateable Value £15,750.
Costs
The ingoing tenant is responsible for the landlord’s legal fees.
Viewing
Strictly by appointment through this office.
More information
Listed by
Rook Matthews Sayer - Commercial
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