COUNTY DURHAM. DOUBLE FREEHOLD CATERING PREMISES WITH ACCOMMODATION,NEGLECTED TURKISH TAKEAWAY WITH PIZZA SALES, PRESENTLY TRADES JUST 4 HOURS A DAILY OVER 5 DAYS TRADING A WEEK, 3 BEDROOM SELF-CONTAINED ACCOMMODATION WITH RENT INCOME, THIS IS A LANDLORD REPOSESSION SALE WITH BARGAIN FREEHOLD ASKING PRICE OF JUST £265,000, OFFERS INVITED.
TAKINGS: No Trading Figures available as Landlords recently took back this business. Presently trading just 4 hours daily over just 5 days a week, yet still taking some £3,000 per week. A far distance from previous trading where we understand sales were in excess of £8,000 per week. Mainly Takeaway Sales of Kebab’s, Pizza and other profitable selling lines.
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TENURE: Offered with the inclusion of this large valuable Double Freehold Property, tailor made for Catering and inclusive of Rent Income from Self-Contained 3 bedroom accommodation above.
TRADING HOURS: Following the Landlords taking back this business, they decided recently to re open and presently trading just 4 hours a day and 5 days a week with early closing. Obvious potential to trade 7 days a week.
ACCOMMODATION: Large 3 bedroomed fully self-contained accommodation built above both shops and presently rented out at £450 per month although understand can be made vacant if required at short notice. Spacious family home which has been neglected and in need of some attention. Being Self-Contained means could also be sold off separately if not required or to recoup some capital.
BUSINESS PREMISES: Very valuable double Freehold Catering Premises, ideally suited for all types of Fast Food sales apart from the present Turkish Cuisine and Pizza Sales. Sales shop and spacious purpose built working facilities are fitted & equipped throughout in average condition and further complimented by a vast array of Fixtures & Fittings together with an array of quality stainless steel work tops, shelving, storage cupboards, double sinks and much more. Ample overhead extraction throughout plus suspended menu boards over service counter sections. A neglected business which requires a lot of TLC.
EQUIPMENT: Vast array of trade equipment to include kebab rotisseries, cash register, 2 upright stainless steel fridges, chest freezers, pizza oven, 4 pot bain-marie, charcoal griddles, 4 ring gas cooker, wealth of stainless steel worktops and shelving plus storage, assortment of other fridges & freezers plus selection of trade utensils.
TRADING POSITION: Located in densely populated residential district which surrounds with excellent outlying custom and the benefit of easy pull up parking directly outside. Good travelling distances to both the main A19 through route and the A1M Motorway with both Sunderland and Hartlepool are approximately 15 miles travelling distances and about 7 miles from Durham.
SPECIAL REMARKS: This is a Landlord Repossession sale having taking the Business & Lease back from previous tenants. Property is in need of attention, hence the very low and bargain Asking Price of just £285,000 to include the large double Freehold Property incorporating 2 retail shops plus fully self-contained accommodation spread over both shops and presently producing a rent income of £450 per month. Can be made vacant of even possibility of the purchaser of this bargain opportunity deciding to sell off just the accommodation, to recoup some capital. Serious offers invited.
PRICE: £265,000 FREEHOLD
PERSONALLY INSPECTED BY SOLE SELLING AGENTS
