Restaurant/cafe for sale in 90 High Street, Gosforth NE3

£995,000 (£242.03/sq. ft)
Restaurant/cafe for sale 4,111 sq. ft*
Interested in this property? Call +44 191 686 9796 * or Request Details

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

Property description

Location


The subject property is located just behind High Street in Gosforth but is accessible directly from the High Street. High Street is the main road through Gosforth town centre and is a popular retail, business and leisure destination with surrounding occupiers including Adriano’s Deli, Newcastle Building Society, Flowercraft and Papa John’s. This area of Gosforth is also popular for residents with there being a number of local housing estates within close proximity.

The property is less than 1 mile from South Gosforth Metro Station and 0.6 miles from South Gosforth Metro Station and there are local bus routes on High Street.


Accommodation


Ground floor 253.32m² 2,726ft²
First floor 73.85m² 795ft²
Second floor 53.75m² 589ft²
Total 381.92m² 4,110ft²


EPC rating


D79


Description


The subject property comprises a brick built property which is arranged over ground, first and second floors. The property is accessed via an entrance on High Street and is well presented internally and externally. The property is currently occupied and fit out as a restaurant premises.

The ground floor comprises restaurant space, kitchen facilities, public toilets and an external courtyard which is being utilised as an additional seating area.

The first floor also comprises restaurant space with public toilets while the second floor comprises storage space and office facilities.


Lease information


The tenant is to be granted a new 10 year lease on Fri (Full Repairing and Insuring) lease at a rent of £75,000 (Seventy Five Thousand Pounds) per annum.


Terms


The accommodation is available by way of freehold with a price of £995,000 (Nine Hundred and Ninety Five Thousand Pounds). The property may also be available with vacant possession. The freehold title does not include Adrianos Deli at 84 High Street, Gosforth.


VAT


All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.


Legal costs


Each party is to bear their own legal costs involved in the transaction.


Money laundering regulations


In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.


Viewing


For general enquiries and viewing arrangements please contact Nicholas Bramwell at Bradley Hall.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)

Contact Bradley Hall about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

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

View all High Street commercial properties for sale