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Newcastle upon Tyne, Parkway Assisted Living Development
Newcastle upon Tyne, Parkway Assisted Living Development
Newcastle upon Tyne, Parkway Assisted Living Development
Newcastle upon Tyne, Parkway Assisted Living Development

Rent: £20,000 - £20,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne


DESCRIPTION
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.

 

ACCOMMODATION
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

 

LEASE TERMS
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.

 

RATES
The property will be separately assessed for rating purposes upon completion of the development. Further details are available upon request.

 

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in connection with this transaction.

 

EPC
An EPC will be available upon completion of the development.

 

VAT
All figures quoted are exclusive of VAT where chargeable.

 

FURTHER INFORMATION
For further information or to discuss please contact the sole agent @retail.
Pete Townsend
E: Pete@atretail.co.uk
T: 0191 280 4239
M: 07713 151 970

 

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