Popular Fish And Chip Shop In County Durham For Sale

Business description

We are pleased to offer for sale this popular fish and chip shop, which was established in 1968 and which has been in our client's hands since 1996. The business is only now being placed on the market due to our client's wish to retire. The Chippy generates a turnover in the region of £73,000 per annum with a gross profit of 62% derived from the sale of traditional fish and chips. There is scope for a new owner to increase turnover by perhaps, introducing other lines such as burgers, kebabs and fried chicken. There is also scope to extend the opening hours. The fish and chip shop has developed an excellent reputation with many repeat customers. The business is well equipped to suit the trade and is in a walk-in-and-trade condition. We feel this represents an ideal opportunity to acquire a popular traditional fish and chip shop in such a desirable location and with scope to develop further. Early viewing must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 6 years
Remaining: 2 years
Review: every 3 years
Rent: £100 per week

Leasehold rent:

£5,200 per annum

Location:

The Chippy occupies ground floor lock-up premises situated on the end of a parade of shops, surrounded by a densely populated residential area from which it draws much trade. There is ample car parking to the front and a bus stop opposite. There is a large school close by and also a leisure centre. The town is easily accessible being approximately 3.3 miles from the A1(M). The city of Durham lies approximately 8 miles to the north and Darlington 12 miles to the south.

Premises details:

Ground floor lock up fish and chip shop set at the end of a busy parade of shops. Briefly comprising:

Ground Floor
• Main sales area with customer waiting area, 3-pan Frank Ford range with 2 x chip boxes, hot box, 2 x chillers, 2 x freezers, 4-pot Bain Marie, 2 x microwave ovens, rumbler and chipper
• Store room to rear

External
• Ample parking to front of parade

Business Operation

Trading hours:

Sun - Mon Closed
Tues - Sat: 11.30am - 1.00pm & 4.30pm - 7.00pm