Restaurant for sale

St Mary's Place, Newcastle upon Tyne, Tyne and Wear, NE1 7PQ

548 sq. ft. | £65,000

Property Description

Commercial information

  • 548 sq ft (50 sq m)
  • Use class orders: A5 Hot Food Take away

Key features

  • Business for sale
  • Chila Chill caf¿
  • City centre location
  • Fixtures and fittings included
  • Accounts available upon request

Full description

We are pleased to offer to the market a popular caf� business for sale, Chila Chill, ideally situated in Newcastle city centre. Chila Chill is a ground floor caf� business currently open six days a week from 10am to 6.30pm, let for �280 per week. Details of accounts are available upon request.


Location 
The property is excellently located on St Mary's Place, a couple of minutes from Northumberland Street in Newcastle City Centre. The location benefits from high passing trade, excellent transport links (including buses, metro and rail services) and is surrounded by many other popular businesses.

Accommodation 
GROUND FLOOR Main caf� area with counter: 36.59sqm Prep room: 5.26sqm Kitchen Storage room W.C. NIA approx. 50.90sqm

Business Details 
Chila Chill is currently open six days a week from 10am - 6.30pm. Fixtures and fittings are included in the sale, including two fridges, one tall fridge, one double fridge, two counters, a till, one coffee machine, one hot holder, commercial sink, an oven with hob, fryer, panini machine, meat processor and extractor fans. Accounts will be made available upon request.

Lease Terms 
The premises is let at �280PW (�14,560PA) on a ten year lease beginning February 2014, with seven years remaining and rent reviews every three years.

Rateable Value 
The adopted rateable value is �13,000 as of 1st April 2017. Sourced from VOA.

EPC 
Available upon request.

VAT 
We are advised that VAT is not payable on this transaction.

Additional Information 
For further information please contact our office direct on 0191-425-1507, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

More information from this agent

Nearest stations

  • Manors (0.4 mi)
  • Jesmond (0.4 mi)
  • Newcastle Central (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Manors (0.4 mi)
  • Jesmond (0.4 mi)
  • Newcastle Central (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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