£170,000

Restaurant for sale

  1.  1.Jpg
  2.  Cam03073G0-Pr0008-Still010.Jpg
  3.  Cam03073G0-Pr0008-Still001.Jpg
Freehold

£170,000

(£150.84/sq. ft)

Restaurant for sale

London Road, Newcastle-Under-Lyme ST5

1,127 sq. ft

Local area information

Property location

Nearby amenities

  • Hassell Primary School 0.1 miles
  • Martec Training 0.2 miles
  • Stoke-on-Trent 1.8 miles
  • Longport 2.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
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.

Floor plans and tours

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Rory Mack Associates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rory Mack Associates for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Staffordshire
  4. Newcastle-under-Lyme
  5. London Road

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.