Location
This business is located within a busy secondary shopping parade in Whiteleas, to the south of South Shields town centre. The immediate area comprises predominantly residential housing and there are also a number of schools in the vicinity. Access is easy and there are good road links from directly outside the shop to the rest of the town and beyond.
Business
Our client has been operating this site since 2004 and the premises have been consistently improved and updated over their period of ownership. The business has been placed on the market as they wish to reduce their current business commitments.
The business predominantly operates as a generic hot food takeaway with 70% of the turnover being from pizza, kebabs and burgers and the remainder from fish & chips.
The shop is well equipped with a wide range of kit that includes a modern range, pizza ovens, a kebab stick and griddle. There is a good-sized prep area and potato room to the rear with access out into the rear which is ideal for the delivery service.
The delivery service accounts for approximately 50% of the takings and the client uses Just Eat, Uber and their own website. This is a long-established hot food opportunity, and a viewing is recommended.
Premises
Comprises the self-contained ground floor unit within a larger shopping parade and comprising a service area to the front and a prep spaces at the back with access from the rear lane and shop.
Ground Floor extends to circa 765 sq.ft. (71 sq.m.)
Front Shop
Prep Area
Potato Room
Garage / Store
W.C.
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Staff
Operated part time by the owner with 3 members of staff and 2 drivers.
Trading Hours
Mon - Thurs 12.00am - 2.00pm 4.00pm - 8.30pm
Fri & Sat 12.00am - 8.30pm
Sunday 4.00pm - 8.30pm
Rates
The premises are assessed as follows:
Rateable Value £5,800
Rates free incentives subject to status.
Tenure
The premises are currently held on a Local Authority lease with a passing rent of £7,000 per annum. A new lease is available and STCC are currently preparing a lease proposal.
EPC
Rating D.
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.
