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Fish & Chips / Takeaway

Newcastle upon Tyne £75,000 Leasehold (fees apply) REF: NE1421

Location

This business is located on Westgate Hill which runs into Newcastle City centre from the West End of the City. Westgate Hill is the main route running East West from the City centre and is home to a mixture of occupiers including retail, residential, motor trade and eating establishments.  Westgate Hill is within easy walking distance of all the main City facilities.

Business

A fish and chip shop has occupied this site for nearly 50 years and has been developed over the years to incorporate a broader menu and an “eat in” option. The property is in good order having benefitted from a partial refit on our clients acquisition in 2016.  The unit is currently configured to provide separate takeaway, preparation and restaurant areas to the ground floor with up to 30 covers in the seating area.  

The menu currently offers traditional English fish and chips plus a range of burgers, kebabs, pizzas and chicken options.  There is a delivery service and this makes up a strong proportion of the turnover which is understandable due to the high levels of nearby residential accommodation.  Match days are particularly busy as the business is one of the closest food outlets to St. James’ Park. 

This is a rare to the market opportunity and would be ideal for both owner operators or for an existing chain to bolt on to their network.  Viewing is recommended to fully appreciate the location and fit out.

Property

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

EPC

Rating C. 

Tenure

We are verbally informed that the property is held on a 15 year lease from 2016.  The current rent is £15,600 per annum (£300 weekly). 

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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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