fully fitted out 120 cover restaurant to let cabana, 117 ... · jll.co.uk/property fully fitted out...
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jll.co.uk/property
Fully Fitted Out 120 Cover Restaurant
To Let
Cabana, 117 Newgate Street, Newcastle Upon Tyne NE1 5RF
Nil premium for the leasehold interest, fixture and fittings
Prime location adjacent to The Gate Leisure Scheme and opposite Eldon Square Shopping Centre
Forms part of a landmark building with Premier Inn above
4,250 sq ft on ground floor
New Lease – Rent £70,000 pax
Full Fitted – high quality fixtures and fittings
jll.co.uk/property © COPYRIGHT 2014 JONES LANG LASALLE
Cabana, 117 Newgate Street, Newcastle Upon Tyne NE1 5RF
DISCLAIMER
© COPYRIGHT 2014 JONES LANG LASALLE. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang LaSalle.
It is based on material that we believe to be reliable. Whilst every effort has been made to ensure its accuracy, we cannot offer any warranty that it contains no factual errors. No liability for negligence or otherwise is assumed by Jones Lang LaSalle for any loss or damage suffered by any party resulting from their use of this publication.
Location
The restaurant is located on Newgate Street, forming part of a landmark building with Premier Inn above. The site is next to The Gate Leisure Scheme anchored by Cineworld and opposite Eldon Square Shopping Centre. Newcastle Central Station is less than a 7 minute walk away.
Restaurants nearby include Turtle Bay, Zaap, Nando’s, TGI Fridays and many more within close proximity.
Accommodation
The accommodation comprises restaurant, bar server, customer toilets, storage, trade kitchen, plant room, office, staff toilets and changing.
Sq m Sq ft
Ground Floor Sales 394.82 4,250 (approx)
Lease Terms
The property is available by way of a new lease at a rental of £70,000 per annum exclusive, subject to landlords consent.
Licensing
Restaurant and ancillary bar within use Class A3 of the Town & Country Planning (Use Classes) Order 1987 (as amended).
The property is permitted to sell alcohol between the hours of:-
Monday - Wednesday 10 am – Midnight
Thursday – Saturday 10 am – 1 am
Sunday 10 am - Midnight
Exclusions
Anything branded, computers and electronic tills,
stock, smallwares and anything leased.
Rates
The property is entered in the 2017 Rating List as
“Restaurant & Premises” with a Rateable Value of
£91,000.
Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction. VAT VAT if applicable, will be charged at the standard rate.
EPC
EPC Rating of D78.
Viewing and Contacts
The restaurant is closed. Viewing by appointment via:-
Nick Ferris - JLL Tel: 0113 235 5219 [email protected]
Or our joint agents, AG&G:-
Richard Negus Matthew Englender Tel: 020 7836 7826 Tel: 020 7836 7826 [email protected] [email protected]
Date: 7 January 2019
jll.co.uk/property © COPYRIGHT 2014 JONES LANG LASALLE
Cabana, 117 Newgate Street, Newcastle Upon Tyne NE1 5RF
jll.co.uk/property © COPYRIGHT 2014 JONES LANG LASALLE
Cabana, 117 Newgate Street, Newcastle Upon Tyne NE1 5RF