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Newport Riverside Restaurant/Cafe, The Octopus Lounge, For Sale, Seats Over 80 Customers

City of Newport, Newport, ID 224404

Newport Riverside Restaurant/Cafe, The Octopus Lounge, For Sale, Seats Over 80 Customers 1
Newport Riverside Restaurant/Cafe, The Octopus Lounge, For Sale, Seats Over 80 Customers 1
Asking price:
GBP£39 000
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Description

Cafe and Bistro Opportunity - Riverside Location in NewportThis opportunity is located in the city of Newport, a major urban centre in Wales with a population exceeding 160,000 and positioned along the River Usk. Historically an important international port during the Industrial Revolution, the city has since evolved, with former industrial and riverside areas now being redeveloped into modern residential and commercial districts under local authority regeneration initiatives.The property, known as The Octopus Lounge, operates as a café and bistro and is positioned within one of these contemporary riverside developments close to the River Usk. The location benefits from attractive waterside surroundings and strong visibility within a growing mixed-use area.The main internal trading space is a fully glazed restaurant and café area with views across the river on multiple sides. The layout was comprehensively refurbished in 2020 and includes a combination of high-back booth seating styled in a contemporary diner format, adapted to suit a more upscale dining environment. Total internal seating accommodates approximately 40 covers. A separate reception lounge area is also provided, furnished with soft seating to create a relaxed waiting and social space.Within the main service area there are integrated catering and dispensing stations offering hot and cold service points along with refrigerated display units, including front-facing ice cream displays. To the rear, there is a fully enclosed commercial kitchen fitted with stainless steel preparation surfaces and catering equipment. A large adjoining dry store provides additional storage capacity. Customer toilet facilities are also available within the premises.Externally, the property benefits from patio seating to the front and side elevations. A portion of the outdoor area is sheltered by the overhang of upper floors, providing weather protection. When fully utilised, the external space accommodates approximately 40 covers and supports additional seasonal trading capacity alongside the indoor seating.

Details

Real Estate: Lease
Asking price: 39 000 gbp

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