Location
The business forms part of a small suburban shopping area to the south of Seaham seafront and serving the residential area of Eastshore Village.
Seaham is located 5 miles from Sunderland, 15 miles from Durham and 19 miles from Newcastle. This is a lively harbour town that enjoys an extremely high footfall during the summer months and in winter the weekends are very busy.
Business
This fish and chip shop has been in our client’s ownership since 2008 and has been placed on the market as they now wish to reduce their work commitments.
The premises are spacious and in good order and have been styled to reflect a traditional fish and chip shop with a menu that also shares this theme. The unit is well equipped with a 3 pan gas range that is regularly serviced and in excellent condition, plus a selection of other kit.
The current menu is compact but there is scope to expand the food offer and our client has a Zanolli conveyor pizza oven which is not currently utilised. There are seasonal variations to the menu and there is a Mr Whippy ice cream machine that is included in the equipment.
We see the business as an opportunity for either a couple or a partnership to grow with genuine scope to expand the current menu and incorporate a delivery service.
Premises
Comprises a mid-terraced single storey property forming part of shopping centre development.
Ground Floor
Fish & Chip Shop circa 625 sq.ft. (58 sq.m) with 3 pan gas range, service counters, menu boards, bain marie, drinks chillers, slush machine, fridge freezers and tiled walls.
Prep Area 120 sq.ft. (11 sq.m) with commercial sinks, a chipper, peeler and sluice area.
W.C. with wash hand basin.
EPC
Rating B.
Staff
Currently operated by our client with 2 members of staff.
Trading Hours
Monday – Sunday 11.30am – 7.30pm
The unit is permitted to trade later.
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £9,400
Rates exempt subject to status.
Tenure
The premises are held on a 10 year lease from 2024 at a rent of £12,000 per annum. There is a service charge of £330 per calendar month payable for the upkeep of the common parts.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
Viewing
Strictly by appointment with this office
