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.
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.
Comprises the ground floor of a mid-terraced three storey property of traditional construction.
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.).
Large Yard with rear lane access.
Mon – Tues 5.00pm – 8.00pm
Wed – Thurs 11.00am – 8.00pm
Friday 11.00am – 9.00pm
Saturday 11.30am – 8.00pm
The business is currently run under management by 3 members of staff.
Mains electricity, gas, water and sewerage services are connected to the property.
Rateable Value £8,600
Rates free incentives subject to status.
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.