Restaurant for sale

Fire Leaf Tonic, 4 Waterloo Street, Newcastle Upon Tyne NE1

Fully equipped Indian restaurant and takeaway. Includes basement prep area and storage facilities. Approx. 30 internal covers with open-plan layout. Fully equipped for the trade. Established online via Just Eat, Uber Eats, Deliveroo. City centre location near Central Station. Below threshold – potential zero business rates payable. Rent £15,000 per annum.

Price £40,000 Leasehold

Ref I324

Location

The business is located opposite the City Quadrant a stunning landmark mixed use development situated at the western entrance to Newcastle City Centre within 150m of Central Station. The scheme is part of the Waterloo Square development and forms part of the western gateway to Newcastle’s vibrant City Centre. Situated adjacent to the A6082/A189 St James Boulevard on Westmorland Road, an excellent location with Newcastle Central Station, the main Coach Station, the International Centre for Life and the retail core all in close proximity. Newcastle Central Station provides direct Metro access to the east coast, Newcastle International Airport and Sunderland City Centre.

Description

We are delighted to bring to the market Fire Leaf Tonic, a well-presented Indian restaurant and takeaway situated at 4 Waterloo Street, Newcastle upon Tyne, NE1 4DG. The premises comprise a ground-floor open-plan seating and kitchen area with approximately 30 covers, along with customer and staff W.C. Facilities and a basement area used for food preparation and storage.

Fire Leaf Tonic offers a diverse and high-quality menu featuring a wide selection of authentic Indian starters and main courses, as well as pizzas, burgers, wraps, sides, and desserts to cater to a broad customer base. The business is fully equipped and ready for immediate trade, providing an excellent opportunity for an operator seeking to establish or expand within Newcastle’s vibrant city centre dining scene.

Staff

The business is run by 3 full time and 1 part time members of staff.

Website / Food delivery platforms

/ Just Eat / Uber Eats / Deliveroo

Opening times

Wednesday – Monday: 4:00pm – 11:00pm

Tuesday: Closed

Tenure

Leasehold – A new lease is available, terms and conditions to be agreed.

Price

£49,950 Leasehold.

Rent

£15,000 per annum.

Viewing

Strictly by appointment through this office.

Rateable Value

The 2025 Rating List entry is Rateable Value £7,000

As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.