Summary - Durham Road, Low Fell, Gateshead, Tyne And Wear, NE9 NE9 5AN
1 bed 1 bath Cafe
### Standout Features:
- Prime location on Low Fell High Street with excellent foot traffic.
- Currently operating as a well-regarded café with 28 to 32 seating capacity.
- Fully equipped kitchen with new cooker and future boiler installation.
- Genuine growth potential by extending operating hours beyond current three days a week.
- New lease terms available with 3 years remaining on the current lease.
- Fast broadband and excellent mobile signal.
### Notable Concerns:
- Mortgage lenders may disallow financing due to the short lease duration.
- Recruitment of new staff required following the sale.
This is a fantastic opportunity for aspiring business owners looking to invest in a prime café space in the bustling Low Fell area. The current café operates successfully on limited hours, ensuring a solid foundation for growth by increasing the number of open days to engage with the local community more effectively. The property features a well-maintained kitchen and a cozy dining area, making it an inviting destination for customers.
Situated near top-rated schools, diverse amenities, and an excellent local bus service, this café boasts a prime catchment area that encourages both daytime and evening patrons. The surrounding vibrant neighborhood enhances the café's appeal, offering a relaxed atmosphere amid a plethora of dining and entertainment choices. However, potential buyers should be aware that the present lease has only three years remaining, which may impact financing options.
Urgently capitalize on this unique opportunity to own a thriving business in a sought-after location—perfect for enthusiastic entrepreneurs ready to elevate their culinary ambitions!
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