Overview

Business, Cafes, Fast Food Restaurants, Fish & Chip Shops, Food Service Businesses, Restaurants, Takeaways Businesses (Other)
Property Type

Description

TYNE & WEAR. VERY HIGH TURNOVER FISH & CHIP TAKEAWAY WITH 56 COVER RESTAURANT, ESTABLISHED BY SELLER 7 YEARS AGO AT HUGE EXPENSE, SUPERBLY FITTED THROUGHOUT + TOP ARRAY OF QUALITY EQUIPMENT, TRADES 6 DAYS WEEKLY CLOSING 5.00PM, LOCATED WITHIN LARGE INDOOR SHOPPING CENTRE WITH NATIONAL RETAILERS & INDEPENDENT TRADERS, GOOD POTENTIAL TO TAKE TO THE NEXT LEVEL.

TAKINGS: We have been advised by our client that that turnover is £13,000/14,000 per week, being a mixture of about 40% counter and 60% restaurant trade with scope for deliveries. Operates 6 days weekly from 9.00am to 5.00pm with POTENTIAL FOR PIZZAS, KEBABS AND ADDITIONAL OPENINGS as has plenty of passing trade from this very busy shopping centre which provide constant footfall.

TENURE: We understand that approximately 6 years remain on the Lease with a current rent of £36,000 per annum plus VAT. TOP MULTIPLE MODERN SHOPPING CENTRE LOCATION.

TRADING HOURS: Open Monday through to Saturday, 9.00am until 5.00pm. Trading potential up to 10.30 pm but Vendor chooses to close early. Excellent additional potential for Sunday Trading.

ACCOMMODATION: No accommodation is included in the sale.

BUSINESS PREMISES: Established by the Seller some 7 years ago a costs in excess of £180,000, creating a first class quality unit which is located within popular indoor shopping centre having a open shop front having the benefit of constant passing trade. The interior is very tastefully styled with ‘Amtico’ flooring, attractive wall covering, suspended lit ceiling and features a expensive 3 pan ‘Florigo. counter range with good menu display above plus seats a total of 56 covers in comfortable surroundings. To the rear is handy well fitted preparation facility with stainless steel sink and housing refrigeration equipment.

A TRULY OUTSTANDING CONCERN REQUIRING NO ADDITIONAL OUTLAY WHICH WILL BE EVIDENT UPON INSPECTION.

EQUIPMENT: First class trade inventory that was purchased new some 7 years ago to include a very expensive 3 pan ‘Florigo’ counter range, rumble , chipper, fish keeper, coffee machine, drinks chiller, numerous fridges & freezers, cash register, commercial microwave oven, bain-marie plus crockery & cutlery and all usual items associated to the trade. ( The above equipment has not been tested by Rosens ). FULL OF LIST OF TRADE ITEMS WILL BE AVAILABLE PRIOR TO COMPLETION.

TRADING POSITION: Excellent Multiple trading position within huge modern indoor Shopping Centre with the benefit of free parking and many national retailers such as McDonalds, Greggs & Costa Coffee plus many independent traders represented close by. Excellent passing trade throughout the year ensuring regular good trading.

SPECIAL REMARKS: After a lifetime in the trade our client now wants to take life a bit easier, hence the sale of this high turnover award winning business which is fitted and equipped to a very high standard and would make a ideal purchase for new ownership to take to the next level as there is lots of scope still available that will be evident when viewing. ( 5 Star Hygiene Rating and EPC Rating of D ).

PRICE: £325,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Details

Updated on February 16, 2025 at 7:27 pm

Price £325,000
Property Type Business, Cafes, Fast Food Restaurants, Fish & Chip Shops, Food Service Businesses, Restaurants, Takeaways Businesses (Other)
Property Status For Sale
Tagline Cafes, Fast Food Restaurants, Fish & Chip Shops, Restaurants, Takeaways Businesses (Other)