Summary - 96A, FRONT STREET NE25 8DL
1 bed 1 bath Cafe
Prime coastal shopfront with strong local demand and immediate trading potential.
- Prominent Front Street location with strong pedestrian and vehicle footfall
- Stylish Nordic fit-out; mostly included fixtures and fittings
- Seating for c.26 internal plus c.10 external covers varied trading
- Fully licensed premises suitable for daytime and evening trade
- Leasehold: five-year lease dated July 2022 (short remaining term)
- Passing rent £18,000pa; Rateable Value £7,800 (check actual business rates)
- Large footprint c.936 sqft; ready for immediate occupation or adaptation
- Cavity walls likely uninsulated — opportunity for energy upgrades
Occupying a prominent spot on Monkseaton’s busy Front Street, Föda is a stylish, turnkey café with a proven local following and strong daytime footfall. The Nordic-inspired fit-out, visible kitchen and comfortable seating for about 26 inside (plus 10 external) deliver an immediate ready-to-trade opportunity for a new operator wanting an immediate revenue stream.
The premises are fully licensed and benefit from excellent visibility, fast broadband and a large footprint (approximately 936 sqft) that suits daytime service and scope to expand into evening dining or special events. Most fixtures and fittings are included in the sale (subject to inventory), reducing upfront capex for the purchaser.
Notable commercial factors: the business is offered leasehold with a five-year lease dated July 2022 (review on each fifth anniversary), a passing rent of £18,000 per annum and a Rateable Value of £7,800. Trading figures are available to genuinely interested parties after a formal viewing.
Practical considerations include a relatively short remaining lease term to manage or renegotiate, and the building’s cavity walls are assumed to lack insulation — presenting potential energy-efficiency improvements. This is a rare chance for an investor or hands-on operator to acquire a recognisable café in a very affluent, coastal catchment with good transport links to Newcastle.
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