Location
The premises are situated within a busy retail parade, located on the main road running between Framwellgate Moor and Arndale Centre and nearby operators include a convenience store, barbers and chinese takeaway.
The shop serves a densely populated residential area close to the University Hospital and Civic Centre with good road links onto the A167. The City centre is approx. 1.5 mile away and Durham is a vibrant University City with a Cathedral and Castle, making it a year round tourist destination.
Business
This opportunity comprises a compact lock up retail unit which is currently trading as a Turkish kitchen but prior to this it operated as a traditional fish and chip shop with some pizza sales.
The unit was fully fitted out in 2017 and is in good general order. Whilst it is relatively compact, there is ample prep and service space to the rear and the unit would be suitable for a variety of hot food uses.
The location means that there are strong levels of captive trade from the local population and passing trade is generated from the main road access and free car parking to the front.
Premises
Comprises a lock up ground floor retail unit;
Ground Floor
Sales Shop circa 236 sq.ft. (21.9 sq.m.) with 2 pan gas range, bain marie, drinks fridge, charcoal grill, kebab machine and various other associated
Prep Area 84 sq.ft. (7.8 sq.m.) with double sink unit.
Potato Store with chipper, peeler and fridge / freezer.
W.C.
EPC
Rating D.
Permitted Trading Hours
Monday - Sunday 08.00 till 23.00
Services
Mains electricity, gas, water and sewerage services are connected to the property.
Rates
The property is assessed as follows:
Rateable Value £2,700
Rates free incentives subject to individual status.
Tenure
The premises are held on a 15 year lease from 2017. Current rent £7,500 per annum. Interested parties should seek legal confirmation of this.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
