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£15,000 pa

£1,250 pcm

Restaurant to let

271 Jesmond Road, Jesmond, Newcastle Upon Tyne NE2

£15,000 pa

(£1,250 pcm)

Restaurant to let
271 Jesmond Road, Jesmond, Newcastle Upon Tyne NE2

    About this property

    • Prominent roadside location in Jesmond

    • High student density area

    • Premises License transferable

    • Fixtures and fittings *premium applies

    • Turnkey opportunity for café operators, deli owners

    • Can accommodate:

    • C20 covers inside / c30 outside seating area

    The property comprises a single-storey, flat-roofed unit occupying a prominent corner position at the junction of Shortridge Terrace and Jesmond Road. Benefits include roller shutter security, presenting well both internally and externally. The unit is currently fitted out as a café, with additional external seating available with outdoor heater.
    Internally, the space features electric heating, pendant lighting, WC facilities, a bespoke service counter, and extraction systems offering a turnkey opportunity for café operators, deli owners, or boutique food.
    * Premium Applies *
    Premises Licence can be transferred, fixtures and fittings comprise furniture, external retractable canopies, and kitchen equipment at a premium (to be negotiated with the current occupiers). An itemised list with the full details is available upon request.

    Accommodation
    We calculate the approximate net internal floor area to be as follows:
    Ground floor 35.1m2 (378 ft2)

    Terms
    The premises are available to rent by way of surrender and regrant on effective fully repairing and insuring terms, for a period of years to be agreed.
    VAT

    The property is not elected for VAT.

    Rating Assessment
    The rateable value of the premises as of 1st April 2023 is £6,700 and the estimated rates payable £3,343.30. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

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