Commercial property for sale in Newcastle upon

DescriptionAdriano's is a well-established restaurant, bar and café, operating out of a large freehold property in central Gosforth. Recently refurbished throughout to an extremely high standard, the property is one of Gosforth's most popular restaurants and bars. With an alley entrance directly off Gosforth High Street, the property expands to the rear and comprises of three floors with multiple dining, bar and terrace areas. For more information, please click the link to the dedicated business website - Adriano's Fortuna This well-established business has been trading successfully for many years with the owners now looking to retire. LocationAdriano's sits in the retail and commercial heart of Gosforth, one of Newcastle-upon-Tyne’s most popular and desirable residential neighbourhoods. Perfectly located on Gosforth High Street, just two miles from the centre of Newcastle, the restaurant is surrounded by a fantastic selection of shops, cafes, pubs, bars and restaurants. Well established transport links offer plenty of routes within the local area and beyond. Internal DetailsTerrace Bar & Grill Covered and heated outside area to the front of the restaurant. Seating and standing for c.80 guests. Lounge Bar Located at the entrance of the property, this well presented and welcoming bar hosts live music, DJ's. Seating and standing for c.30 guests. Restaurant & Lounge Bar Recently refurbished with open wood burning pizza oven. This is the heart of the restaurant with seating for c.100 guests. The Olive Grove A Mediterranean gem! A lovely covered and heated outdoor Olive Grove. Great for a quieter dining experience, larger groups or private dining. Seating for c. 36 people. Function Room A unique and elegant event space perfect for business meetings, private dining, weddings and other special events. Located on the first floor, the room has capacity for 40 guests seated and overlooks the front courtyard area with its own bar. Adriano's Deli & Kitchen Located on Gosforth High Street, the deli is a local favourite. Serving premium coffee, a full deli food menu with a Sardinian twist, breakfasts, wine and beers, cakes and pastries. This is a great place to people watch from inside, or unwind on the Fortuna Terrace. * Please not that the Deli property is NOT part of the freehold title and sale. Adriano's Deli is a separate leasehold premises and may be available by negotiation. Ground FloorThe ground floor comprises of various trading areas, commercial grade kitchen, storage facilities and WC's. Total restaurant floor area is c.5465sq.m (5005sq.ft) Other FloorsThe first floor comprises of a private function room with bar and WC's. Total floor area c.112sq.m (1213sq.ft) The second floor comprises of an office, store room and WC. Total floor area c.53sq.m (571sq.ft) Fixtures & FittingsWe have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory. The OpportunityAdriano's Fortuna presents an excellent opportunity for an owner operator, multi or regional operator to take over a long established business in the heart of Gosforth. With an excellent reputation, repeat and new customers, the owners leave behind a solid foundation for an incoming operator to build on. Its enviable location means it appeals to a variety of clientele and benefits from year-round trade. Trading InformationAccounts are available on request from serious buyers. Trading HoursMonday - Thursday 12.00pm to 9:30pm Friday & Saturday 12.00pm to 10:30pm Sunday Closed Deli Trading Hours Monday - Saturday 8.00am to 5.00pm Sunday Closed Business RatesThe Rateable Value is £63,500 with effect from 1 April 2023. Confirmation of actual business rates payable should be obtained from the Local Authority. RegulatoryTwo Premises Licenses: 1x Drinks only, 1x Drink and Food Energy Performance Certificates EPC 1

Commercial property for sale in Newcastle upon Tyne, England

Restaurant for sale

Description

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