For Sale
Leasehold Takeaway Premises & Assets For Sale – Newcastle Upon Tyne
Newcastle Upon Tyne, Newcastle
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Asking Price:
£29,995 +SAV
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Turnover:
We are advised that this opportunity is offered as a lease and asset sale.
The 2026 Rating List records a Rateable Value of £2,800. Subject to eligibility, occupiers for whom this property is their sole trading premises may qualify for Small Business Rates Relief. Interested parties should make their own enquiries with the local authority.
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Tenure:
Leasehold
Please quote reference B09644CoGoGo welcomes an excellent opportunity to acquire the lease and assets of a former takeaway premises occupying a prominent trading position in Newcastle upon Tyne.The premises are fully fitted and equipped, providing an ideal opportunity for an incoming operator to establish a food and beverage business with minimal additional investment.The business previously traded as Aby's Biryani and is now offered as a leasehold premises with fixtures, fittings and equipment included. The owner is selling due to family commitments.The premises formerly operated as a takeaway and offer a ready-to-occupy commercial unit suitable for a variety of food and beverage uses, subject to any necessary consents.
The owner has operated the business since 2025 and is offering the opportunity as an asset and lease acquisition. The premises are currently closed, allowing a purchaser to implement their own trading concept from day one.
Equipment Included
A comprehensive range of catering equipment and trade fixtures is included within the sale, comprising:
- EPOS system
- Soft ice cream machine
- Two tabletop electric fryers
- Lincat extraction hood
- Blender
- Two microwave ovens
- Two tall refrigerators
- Two under-counter refrigerators
- Coca-Cola display fridge
The owner advised that the assets have an approximate replacement value in the region of £25,000.Key Selling Points:- Prominent high street location in a sought-after location
- Excellent footfall and passing trade
- Densely populated residential and student catchment area
- Fully fitted and equipped takeaway premises
- Ready for immediate occupation and operation
- Existing customer service and commercial kitchen layout
- Valuable fixtures, fittings and equipment included
- On-street parking is available nearby
- Affordable rent and low rentable value
- Opportunity to develop a new food and beverage concept
- Asset value in the region of £25,000 is included within the sale
- Approximately five years remaining on the lease term
Viewing is strictly by appointment through CoGoGo.
The property occupies a highly visible position on Chillingham Road, the principal thoroughfare through Heaton linking the A1058 Coast Road to Byker. Heaton is a densely populated residential area with a substantial student population and benefits from excellent public transport links, including the Tyne & Wear Metro system.
Situated midway along Chillingham Road, the property enjoys a prime high street location that is highly sought after by both independent and national retailers. The area benefits from strong pedestrian footfall, passing trade and convenient on-street parking.
The property comprises a single-storey end-terrace commercial unit with a flat roof extending to a net internal area of approximately 15 sq. m. (161 sq. ft.).
The accommodation includes:
- Customer service area
- Preparation and kitchen area
- Staff WC facilities
The premises benefit from an existing takeaway layout and are fully equipped for immediate operation.
