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Fish And Chips With Takeaway In Gateshead For Sale

Gateshead, Tyne and Wear
Asking Price:
£19,950
Sales Revenue:
£125,000
Cash Flow:
Available on request

• Ground floor takeaway with 2 bed flat above.
• Sales circa £2,000 - £2,500 weekly.
• Long established, fully fitted fish & chip shop.
• Main road location, leading through to town centre.
• Two bedroom flat above included in lease.
• Leasehold price £19,950 plus stock at valuation.

Property information

Property:

Leasehold

Lease Terms:

The premises are held on a 20 year lease from October 2015 with stepped 3 yearly rent reviews. Current rent £17,860 per annum rising in increments to £21,879 pa in 2027.

Leasehold Rent:

£17,860 per annum

Living Accommodation:

Two Bedroom flat.

Location:

The premises are located on High Street which is one of the main routes leading into and out of the town centre.

Immediate occupiers include a range of independents but there is significant investment taking place within the town centre. There are recently completed shopping, student and residential schemes within the town centre and further investment in the road and transport infrastructure is planned over the next 5 years.

Premises Details:

This is a long established fish & chip shop and hot food takeaway located on one of the main roads running through and into the town centre. The property has the benefit of A5 hot food takeaway consent with the current menu offering traditional English fish and chips together with pizzas, southern fried chicken, burgers and kebabs.

This is an ideal opportunity for an owner operator to develop this business further as there is scope to increase the current takings by introducing the option for customers to use the Just Eat provision in the evenings and the potential to open the business on a Sunday. Viewing is recommended to fully appreciate this opportunity.

Property

Comprises a three storey property with retail unit to the ground floor and a two bedroom flat to the first floor.

Ground Floor

Sales area - circa 37.16 sq.m. (400 sq.ft.) with cash register, sales counter, pizza preparation counter and double pizza oven, bain marie, 3 pan gas range, sink unit, kebab spit.
Preparation area - circa 21.37 sq.m. (230 sq.ft.) with various worktops, fridge, freezers and oven.
Stores / Prep area 33.45 sq.m. (360 sq.ft.) with a rumbler, chipper, peeler, freezer, sink unit and sluice.
Yard to the rear.

Please note that the main fixtures and fittings are part of the building and listed within the landlord’s fittings.

Energy Performance Rating:
D

Business Operation

Trading hours:

Monday - Saturday 11.00 am – 11.00 pm
Sunday Closed

Employees:
The business is currently run by our client with the help of 1 member of staff.

Contact Information

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