Rent: £20,000 - £20,000
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
We are excited to offer this exciting opportunity aimed at catering operators and restaurateurs able to maximise the potential of this prominent development.
The development is located at the junction of Hillhead Parkway and Hillhead Road in the established Chapel House area of Newcastle upon Tyne.
Chapel House is a predominantly residential area with a limited supply of café and restaurants in the immediate vicinity.
The opportunity forms part of the Parkway Assisted Living Development being provided by Your Homes Newcastle and Newcastle City Council.
The development will provide 32 apartments, 24 Tyneside flats and five bungalows and is due for completion during 2020.
As part of the scheme provision is being made to provide a bespoke catering facility which will benefit both the development but more so the wider community.
The café/restaurant will be partially fitted and ready for occupation by the chosen operator including commercial kitchen equipment. A full inventory and further details are available upon request.
The facility will provide the following approximate areas:-
|Catering Kitchen||33 sq m||355 sq ft|
|Restaurant/Café Area||68 sq m||732 sq ft|
|Office/Change Area||10 sq m||108 sq ft|
|Store||4 sq m||43 sq ft|
|Staff WC||2 sq m||22 sq ft|
|DDA/Customer WC||3 sq m||32 sq ft|
|Total||119 sq m||1,281 sq ft|
In addition, there is a demised area of external seating.
On site is shared parking for all residents, visitors and customers with at least 23 spaces being available to further dedicated spaces for individual residents
A new effectively Full Repairing & Insuring lease for a term of 5 years with a mutual break option on the 2nd year to be agreed is available at £20,000 per annum exclusive. Further details on the terms available upon request.
The property will be separately assessed for rating purposes upon completion of the development. Further details are available upon request.
Each party to be responsible for their own legal costs incurred in connection with this transaction.
An EPC will be available upon completion of the development.
All figures quoted are exclusive of VAT where chargeable.
For further information or to discuss please contact the sole agent @retail.
T: 0191 280 4239
M: 07713 151 970
Property type: Leisure
Rateable value: £TBC
Planning use: A3
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