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Fish & Chips / Hot Food

Washington £69,950 Leasehold (fees apply) REF: NE1744

Location

This is an established hot food takeaway site which was closed during the initial “lockdown” period but was then acquired by our client and refurbishd in late 2020.

Rickleton is one of the “village” communities that form the town of Washington.  Rickleton is to the south of the main town centre and is a popular residential address with comprises a broad range of provide housing. The business forms part of a small shopping area off Vigo Lane with a free car opposite.

Business

This fish and chip shop and hot food takeaway opportunity comprises an extremely well fully fitted and equipped unit which was refurbished in late 2020. The business operates as a traditional fish and chip shop with a relatively compact menu but that includes pizza and kebabs.

There are strong levels of captive trade from the local population and passing trade is generated from its relatively easy main road access and free parking. The trading hours are currently short through personal choice with no lunchtime opening and evenings only to 8pm. There is a delivery service which could be promoted further and the good road access will clearly assist this part of the trade.

This is an opportunity to acquire a reputable business in a pleasant residential area with scope and potential to quickly expand all the elements.

Property

Ground Floor

Fish & Chip Shop circa 430 sq.ft (40 sq.m.) with 3 pan gas range, extraction system, fridges, microwaves, freezers, bain marie, kebab stick, Zanolli conveyor pizza oven, menu boards.

Potato Room circa 50 sq.ft. (4.2 sq.m.) with chipper, peeler, rumbler and sluice area.

W.C.

Living Accommodation (Let out at £500 pcm)

First Floor

Lounge

Kitchen

2x Bedrooms

Bathrooms

External

Shared Yard

Balcony to Flat

Trading Hours

Monday – Saturday                             4.00pm – 8.00pm

Sunday                                                  closed

Staff

The business is currently run by our client with the help of 1 full time and 1 part time members of staff.

Services

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

Rates

The property is assessed as follows:

Rateable Value     £4,750

Rates free incentives subject to individual status.

Tenure

The premises are held on a 20 year lease from 2020 with a passing rent of £7,999 per annum. 

The separate flat is currently sublet at £500 pcm (£6,000 per annum) and this significantly reduces the rent commitment of the business.  Full details on application.

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.

EPC - Rating D

 

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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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