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Fish & Chips Opportunity

Westerhope £15,000 Leasehold (fees apply) REF: NE1942

Location:

This business opportunity is located within a busy parade of shops in the heart of Hillheads Estate, just off Hillheads Road in Westerhope.  Other tenants include a vets, convenience store and sandwich bar.

Westerhope is a popular suburb of Newcastle on the western outskirts of the City centre comprising a broad mix of residential housing. The area benefits from good road links via the A69 and A1 (Western Bypass).

Business:

This is a modernised unit which was refurbished and refitted in 2017 prior to opening as a traditional fish and chip shop.  The equipment was new at that point and no expense was spared with a Kiremko 3 pan gas range installed and a good selection of other items.

The premises are in good order with a spacious waiting and service area to the front plus a potential seating section which is currently not utilised.  To the rear there is another large preparation space and the additional equipment includes chippers, peelers, stainless steel worktops plus complementary kit.

In the interests of fair competition, the landlord would resist the unit being used for the sale of pizzas or Chinese cuisine as these food offers are already represented in the parade.

This is an opportunity possibly suited to a couple or partnership who are willing to operate the business hands on and develop all aspects, including deliveries.

Premises:

Comprising the ground floor of a terraced 2 storey unit forming part of a larger parade.

Ground Floor

Customer / Waiting Area          365sq.ft. (34 sq.m.)

Service Area                            260 sq.ft.(24 sq.m.)

Rear Prep / Store                     280 sq.ft.(26 sq.m.)

W.C.

External

Parking                                    for 1 vehicle.

Permitted Trading Hours

9.00 am - 8.00 pm

Fixtures & Fittings

A full inventory would be made available prior to an exchange of contracts.

Rates

The premises are assessed as follows:

Rateable Value £8,400 (from April 2023)

Rates free subject to individual status.

Tenure

The premises are offered on a new effective FRI lease at a commencing rent of £15,000 per annum. Full terms and conditions to be agreed.  The ingoing tenant is responsible for the landlord's legal fees for the preparation of the new lease.

EPC

Rating - C

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.

 

 

 

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