Restaurant/cafe for sale in London Road, Newcastle-Under-Lyme ST5

Fully operating restaurant with long established reputation
• Ground and first floor seating areas with total NIA: 1,127 sq ft
• Recently refurbished and offered as a ‘turn-key’ opportunity
• Sale includes all fixtures and fittings
• Prominent location facing Ring-Road on edge of town centre
• EPC: Tbc

General Description

A period mid terraced restaurant premises of brick
elevations with pitched and flat roof coverings having
been extended to the rear. The property has a long established reputation as a restaurant with the current
owners having operated a successful British bistro for over
22 years. The sale will include the fixtures and fittings, which
principally includes the kitchen equipment, extraction
system, steel canopy, fryers, bar equipment and the
furniture, generating a ‘turn-key’ opportunity for the buyer
to continue to operate the existing business for nil premium.
The property is tastefully decorated and recently renovated
to include replacement windows, flat roof and fire doors.

Location

The property is prominently located facing the Grosvenor
Roundabout where the A34 meets the A527 on the edge of
the town centre

Accommodation

Ground floor

Bar and seating: 446 sq ft
Kitchen:
179 sq ft
First floor

Front seating: 144 sq ft
Rear seating: 185 sq ft
Ladies toilets: 69 sq ft
Gents toilets: 65 sq ft
Boiler room/store: 39 sq ft

Total NIA: 1,127 sq ft

Services

Mains gas, electric, water and drainage are connected. Gas
fired central heating installed throughout. No services have
been tested by the agents.

Vat

The sale price is not subject to VAT

Business Rates

Rateable Value: £6,900
Rates Payable: £3,443.10 pa (23/24)
Note: If you qualify for Small Business Rates Relief you should
be entitled to a 100% rates payable exemption.

Tenure

Available freehold, subject to contract and with vacant
possession upon completion

Anti Money Laundering Regulations

In accordance with the anti-money laundering regulations,
two forms of identification will be required (e.g.
Photographic driving license, passport, utility bill) from the
applicant and a credit check may also be required, the cost
of which will be the responsibility of the applicant. Where
appropriate we will also need to see proof of funds.