A number of commercial premises are currently on the market in Newcastle.
Those looking to set up a new business or expand their own may be in luck. There are properties up for sale across different areas of the city.
They include a £350,000 repair garage and a sandwich bar for just over £24,000. A DIY shop and a chip shop have also been made available.
Here are some of the properties in the city which are up for sale:
North Jesmond Garage
Service and repair garage and mot test class 4.
Address: Lodore Road, Ilford Road, Newcastle
Price: £350,000
An opportunity for a new owner to take over the reins of a well respected and highly profitable business. The garage has a customer database of over 5000 customers and 2500 mot tests per annum.
The business specialises in the service, repair and mot testing of vehicles 80% under six year old including prestige vehicles. Full Bosch car service Diagnostics and equipped.
Estate agent: pattinson
Silk Room
Award winning restaurant & bar.
Address: Pandon, Trinity Gardens, Newcastle
Price: Offers in excess of £44,950 Leasehold
Exclusive Quayside location with pavement seating. The premises has been recently refurbished and has a fully equipped kitchen.
Rent £24,240+vat per annum and 25 year lease from 2005.
Estate Agent: Rook Matthew Sayer
Starbeck Deli
Sandwich bar
Address: Starbeck Avenue, Sandyford, Newcastle
Price: £24,950
- Leasehold
- Fantastic opportunity
- A prime corner trading position
- Held on a secure lease
- Sensible rent
Estate Agent: Ernest Wilson
Evans DIY
Hardware and DIY store
Address: Halewood Avenue, Kenton, Newcastle
Price: £29,995
Evans DIY was originally established in 2002, with the current client taking over in 2018. The business is extremely popular within the local area. It has built up a regular customer base and an excellent reputation.
The business come to the open market due to the clients desire to pursue other interests.
Estate agent: Hilton Smythe
A1 Chippy
Hot food takeaway business
Address: Two Ball Lonnen, Fenham, Newcastle
Price: £70,000
The business, long established as A1 Chippy, is situated on the busy thoroughfare Two Ball Lonnen. It is set up to serve fish and chips primarily, but with pizza and kebab offerings too.
The business would be suitable for a number of other cuisines that would benefit from a hot food takeaway licence. It has recently been renovated to an extremely high standard.
Estate agent: pattinson
T's Mini Market
City Centre Convenience Store & Off Licence Store.
Address: Westgate Road, Newcastle
Price: £95,000
Weekly sales circa. £11,500
Busy city centre location
Very well established
Lottery & Paypoint services
Close to local amenities
The business premises is located on Westgate Road in the west end of the city. It is situated in a densely populated residential area alongside other businesses and within close proximity to many local amenities.
Estate agent: Ernest Wilson
Best-One
Convenience store, off licence & newsagents.
Address: 701 West Road, Denton Burn, Newcastle
Price: £180,000 Leasehold
Retail sales £18,000 per week. Pay point £4,500 – £5,000 per week (on top of retail sales). National lottery £2,000 per week. Ground floor retail unit 393 sq. ft. (4,230 sq. ft.). Long established business. Prominent main road position. Excellent passing trade. New lease terms available. Rent £33,000 per annum
Estate agent: A1 Businesses for Sale
Fish and Chip shop
Address: West Farm Avenue, Longbenton, Newcastle
Price: £70,000
- Leasehold
- Adjusted net profit, around £58,000
- Prime trading position
- Run in easy hours over a four and a half day week
- Fitted and equipped to the very highest of standards
- Genuine reason for sale
- Client is wishing to sell on a share sale basis
Weekly Turnover £6,500. Adjusted net profit around £58,000.
The premises has been fitted and equipped to a high standard with a six pan electronically controlled range.
Preparation kitchen to the rear with rumbling and fish preparation room to the rear. First floor offers storage and office. Externally there is a large service yard to the rear.
The price requires the buyers taking over the Bounce Back Loan, but there is an option to acquire the business at £98,000 free of the Bounce Back Loan.
