restaurants in NE6

Fossway, Newcastle upon Tyne, Tyne and Wear, NE6 4AN

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  • Freehold Restaurant Opportunity
  • Established Italian Restaurant
  • Two Dining Rooms and Function Room
  • 3 Bedroom Accommodation Included
  • Outdoor Seating in Beer Garden
  • Substantial Car Park

restaurants in NE6

The property comprises a restaurant across ground and first floors with an adjoining three bedroom house, currently occupied by the owner. The ground floor briefly comprises two large dining areas with roughly 160 covers, bar, kitchen and preparation area, walk-in fridge and freezers as well as male, female and disabled bathrooms.

The first floor briefly comprises a function room with male and female bathrooms. The basement incorporates a cellar (four beer lines) and storage space. Externally there is a large car park for customer parking as well as a beer garden including children's playground.

Adjoined to the rear is a three bedroom house currently used as owner's accommodation. The property briefly comprises a ground floor living room and kitchen. The first floor includes three bedrooms, toilet and wash room. There is also a garage/utility room on the ground floor.

We have been advised that the business is currently trading at an average of £10,000 per week turnover, but there is scope for expansion under new ownership. There are currently 10 staff employed, plus two owners managing the operation.


  • Property Type: Restaurants
  • Tenure: Freehold
  • Parking: Allocated


The subject property is well located along Fossway, Walker. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 3.4 miles from city centre.

Commercial Accommodation

Restaurant - Ground Floor
Dining Area/Bar - 95.16 sq. m. (1,024.31 sq. ft.)
Dining Area - 81.97 sq. m. (882.39 sq. ft.)
Kitchen - 17.1 sq. m. (184.07 sq. ft.)
Prep/Store - 68.37 sq. m. (735.98 sq. ft.)
Garage/Store - 16.06 sq. m. (172.83 sq. ft.)
Male WC - 7.5 sq. m. (80.61 sq. ft.)
Female WC - 8.11 sq. m. (87.35 sq. ft.)
Disabled WC - 16.71 sq. m. (179.89 sq. ft.)

Restaurant - First Floor
Function Room - 61.08 sq. m. (657.52 sq. ft.)
Male WC - 7.04 sq. m. (75.83 sq. ft.)
Female WC - 9.57 sq. m. (103.07 sq. ft.)

Basement - 120.6 sq. m. (1,298.18 sq. ft.)

Residential Accommodation

Ground Floor
Living Room - 28.22 sq. m. (303.81 sq. ft.)
Kitchen - 11.26 sq. m. (121.2 sq. ft.)
Garage/Utility - 31.75 sq. m. (341.89 sq. ft.)

First Floor
Bedroom One - 9.46 sq. m. (101.84 sq. ft.)
Bedroom Two - 16.15 sq. m. (173.88 sq. ft.)
Bedroom Three - 11.74 sq. ft. (126.36 sq. ft.)
Toilet - 1.65 sq. m. (17.73 sq. ft.)
Bathroom - 3.12 sq. m. (33,53 sq. ft.)



Rateable Value

The adopted rateable value is £17,250 as of 1st April 2017.

Sourced from VOA.


Available upon request (Rating: C)

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.



Contracts will exchange immediately. There are 28 days in which to complete the purchase.


Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.



In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 


Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.


More Information

For more information call our auction experts on 0191 206 9335 or email


I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 

£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

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