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Hot Food Opportunity plus Flat

Fulwell £30,000 Leasehold (fees apply) REF: NE1790

Business:

This is an established hot food takeaway location which has been in our client’s ownership since 2004. The opportunity has been placed on the market as the former tenant is now concentrating on another venture.

The business traded predominantly as a traditional fish and chip shop but other products were offered which included kebabs, burgers and pizza. The unit is fully fitted and equipped for the trade but the equipment would need testing and cleaning as the business closed in early 2020.

The unit forms part of a popular terrace within the busy secondary shopping area of Sea Road which serves the popular and affluent residential district of Fulwell. Sea road runs down towards Seaburn and the promenade and nearby occupiers include One Stop, The Post Office and Domino’s Pizza and there is also a range of good quality independent retailers. There are high levels of potential captive trade and any passing trade is supported by the free pull in parking.

There is scope for a new owner to operate a delivery service as there is access from the back shop into the rear lane and the local road network is good.

Accommodation;

Comprises a two-storey terrace of traditional brick construction with a slate roof over. 

Ground Floor:  Total Floor area 840 sq.ft.        

Shop Unit with gas frying range, sales counter, wipe down walls, extraction system, filter system, CCTV, pizza oven, bain marie, fish fridge.

Rear Prep with chipper, rumbler, sluice and fridges.

W.C.

First Floor: flat with separate access.

Lounge

Bedroom

Bedroom

Bathroom

Kitchen

EPC

Rating C

Staff

The business is being sold free of staff.

Services

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

Rates

The property is assessed as follows:

Rateable Value £10,750

Rates free incentives subject to individual status.

Tenure

The premises are to be offered on a new FRI lease at a commencing rent of £500 per week to include the flat above. 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.

 

 

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