Fish And Chip Shop In Stanley County Durham For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular fish and chip shop, which was established by our client in August 2011 and which is only now being placed on the market due to our client's other business interests and genuine family reasons. The business trades 7 days a week, generating a turnover in the region of £210,000 per annum with a gross profit of 70%, derived from the sale of fish and chips, pizzas, fried chicken and kebabs. There is scope for a new owner to increase turnover by introducing Indian food as we are advised there is no other outlet in the area offering this cuisine. There is also potential to embark on a modest advertising campaign. The premises have recently been refitted to a high standard throughout with a double glass frontage and double entrance doors. The business is truly in a walk-in-and trade-condition. There is also a 2-bedroom flat to the first floor and a bedsit to the side of the premises. We feel this represents an ideal opportunity to acquire a thriving fish and chips shop and takeaway business in such an ideal location. Early viewing must come highly recommended.

Property information

Property:

Freehold

Location:

Pappa's Chippy occupies a prime trading location at the end of a busy parade of complementary shops and businesses on Holly Hill Gardens, Stanley, County Durham. The business is surrounded by a densely populated residential area, from which it draws much trade. Pappa's Chippy benefits from having a bus stop directly outside and ample free car parking in the vicinity. There is a primary school and nursery close by. Stanley is a popular rural town surrounded by picturesque countryside and is famous for Beamish Museum, which lies 2 miles away. The town lies between Chester-le-Street and Consett and is 9 miles southwest of Newcastle-upon-Tyne. The A1(M) is easily accessible being just 5 miles to the east.

Premises details:

Ground floor lock-up fish and chips premises, recently refitted to a high standard throughout and benefiting from three-phase electricity supply, electrically operated roller shutters and 8-camera CCTV system. Briefly comprising:

Ground Floor
• Main sales area with serving counter with glass fronted warm cupboard, 3-pan range with 2 chip boxes, electronic cash register, fried chicken display, double drinks display chiller, grill, 6-pot Bain Marie, 2 x kebab spits, pizza preparation area, 3-phase pizza oven, Henny Penny Chicken fryer, 4-burner hob and oven, 2 x large chest freezers, stainless steel work tops, fridge/freezer
• Stock room with dough mixer, oil filter, and various shelving

Flat 1a
• 1-bedroom flat to side, currently used as staff accommodation

Flat 1b
• 2-bedroom flat above with spacious rooms, currently rented out at £400 per month

External
• Yard to rear
• Ample car parking in the vicinity

Additional Information
Our client also has two further flats, adjacent to the premises, and a 3-bedroom house, approximately 50 metres away. The 3-bedroom flat generates a rental income of £450 per month, the 2-bedroom flat £400 per month and the house £450 per month. These additional properties are available by separate negotiation.

Business Operation

Trading hours:

Mon - Sat: 11.00am – 2.00pm & 4.30pm - 11.00pm
Sun: 4.30pm - 10.00pm