Location
This business opportunity lies within a busy secondary shopping parade at the junction of Old Durham Road with Split Crow Road. The immediate area is a mix of private and rented housing with students, families and young adults comprising the local population.
Business
A traditional fish and chip and hot food takeaway has occupied this site for over 50 years and been operated by the same family over the whole of that period. The family have recently sold the property and the new owner is looking for a new tenant to continue a similar type of business.
The business premises are extensive and spread over a large ground floor space with additional storage in the basement. There is a wide range of equipment included with the lease and the landlord has no objection to other equipment being incorporated by a new tenant, subject to any necessary consents.
To the upper floor there is a 2 bedroom flat with a large open plan living area and a modern bathroom.
This is a rare market opportunity and would suit a variety of potential owners and viewing is recommended to appreciate the location and potential.
Property
Comprises the basement, ground and first floor of a mid-terraced property of traditional brick construction.
Ground Floor (67 sq.m. / 720 sq.ft.)
Main Sales Shop
Prep Area
Basement (88 sq.m. / 950 sq.ft.)
Potato Room
Prep Room
Storage
Garage with access to the rear lane.
First Floor
Lounge / Kitchen 310 sq.ft. (29 sq.m.)
Bedroom 1 185 sq.ft. (17 sq.m.) double
Bedroom 2 62 sq.ft. ( 6 sq.m.) single
Bathroom
EPC
Rating C.
Trading Hours
Monday – Sunday 11am – 11pm
Permitted to open later at the weekend. Further details on application.
Fixtures & Fittings
A full inventory will be included within the lease.
Services
Mains electricity, gas, water and sewerage services are connected to the property.
Rates
Rateable Value £4,650
Rates free incentives subject to status.
Council Tax Band A
Tenure
A new FRI lease is available at a commencing rent of £400 per week to include both the shop & flat. Full terms to be agreed.
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.
