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Fish And Chips With Chinese Takeaway In Peterlee For Sale

Peterlee, County Durham
Asking Price:
£19,950 Furniture / Fixtures included
Sales Revenue:
£50K - £100K
Cash Flow:
Available on request

• Retail parade location within pleasant residential area.
• Short hours with option of lunch time trading.
• Floor area extends to circa 750 sq.ft. (69.7 sq.m.)
• Excellent Social Media feedback.
• Huge scope for a new owner to develop business.
• Leasehold reduced to £19,950 plus SAV.

Property information

Property:

Leasehold

Lease Terms:

The premises are held on a 20 year IRI lease from 2017 with rent reviews every 3 years and a current asking rent of £600 per month (£7,200 per annum). Interested parties should seek legal confirmation of this.

Leasehold Rent:

£7,200 per annum

Location:

The business occupies a retail unit within a small shopping parade located in a pleasant residential estate. Nearby occupiers include a Nisa Local convenience store and there is also a newly opened restaurant which occupies the former pub opposite the shopping parade. The shops have their own designated car park which is a major asset.
The business was originally established from a vacant unit by our client in early 2017 and opened as a traditional fish & chip shop. They have since introduced a Chinese takeaway menu and this has proved popular, generating new custom and further positive feedback. The business already had a growing reputation and this is backed up by social media comments and ratings. The business also has a 5* food hygiene rating.
The premises are in excellent order offering a good sized service area with a large kitchen area to the rear. The business is owner operated with our client currently only trading on short hours so offers potential for any new owner to develop the business further. There is also the opportunity to introduce a more substantial delivery service and viewing is advised to appreciate the location and scope.

Premises Details:

Comprises part of a single storey detached unit.
Ground Floor
Service Area approx. 394.3 sq.ft. (36.63 sq.m.) with menu board, non-slip flooring throughout, LED spot lighting, extraction system, fridge, fish fridge, drinks chiller, microwave, 3 pan gas range, Merlin oil filter, 2 piece bain marie, worktops and cash register.
Kitchen approx. 343.6 sq.ft. (31.92 sq.m.) with gas hob and oven, twin basket floor standing gas fryer, extraction system, fridges, freezers, worktops.
Sluice with chipper, peeler, rumbler and large chip bins.
W.C.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

The seller is looking to emigrate.

Trading hours:

Trading Hours (licensed 11am – 11pm)

Monday - Saturday 4.00pm - 8.30pm
Sunday closed

Employees:
Can be sold free of staff.
Years established:
2 years.

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