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Fish & Chip Shop

South Gosforth £35,000 Leasehold (fees apply) REF: NE1752

Location

This business is located on Station Road (A191) which runs from Gosforth through South Gosforth towards Benton and then Whitley Bay. This is a popular suburb of Newcastle approximately 3 miles north east of the City centre and the immediate area is a mix of good quality private housing.  There are a couple of pubs nearby and other occupiers include Majestic Wines, Domino pizza and Sainsbury’s.

Business

A traditional fish and chip and hot food takeaway has occupied this site for many years and new owners took the shop over in September 2020. Reluctantly, due to other business commitments, they are looking to sell.

Based on the owner’s choice, the current menu is compact and concentrates on traditional Fish and Chips plus a range of burgers and pies. There is a delivery service which makes up about 30% of the turnover but collection trade is healthy owing to the high levels of nearby residential accommodation.  There is certainly scope for a new operator to extend the hours and expand the lines sold and the shop provides enough space to be able to accommodate this.

This is a rare to the market opportunity and would be ideal for an owner operator. Viewing is recommended to fully appreciate the location and potential.

Property

Comprises the ground floor of a mid-terraced three storey property of traditional construction.

Ground Floor

Main Sales Shop  circa 59 sq.m. (640 sq.ft.) with 4 pan gas range, fridge/freezers, extraction, bain marie plus a variety of other equipment and utensils.

Dry Stores circa 15 sq.m. (162 sq.ft.).

Potato Room circa 18 sq.m  (192 sq.ft.).

W.C.

External

Large Yard with rear lane access.

EPC

Rating C.

Trading Hours

Mon – Tues                     5.00pm – 8.00pm       

Wed – Thurs                 11.00am – 8.00pm

Friday                           11.00am – 9.00pm

Saturday                       11.30am – 8.00pm

Sunday                                closed       

Staff

The business is currently run under management by 3 members of staff.

Services

Mains electricity, gas, water and sewerage services are connected to the property. 

Rates

Rateable Value £8,600

Rates free incentives subject to status.

Tenure

A 15 year lease is in place from September 2020 at a current rent of £11,000 per annum. There are break clauses every 3rd anniversary.

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.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

Similar Food opportunities

If you have something more specific in mind then please give us a call on 0191 487 8566, we're always happy to help.

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