Businesses For Sale
Food
Hot Food Takeaway
South Shields
£99,000 (Leasehold)
REF: NE2225
Location
The business forms part of a small suburban shopping area centre on Stanhope Road, to the south of South Shields town centre. The immediate area is a mix of residential and commercial accommodation and tenants include hair and beauty salons, a convenience store and other food outlets.
Business
This fish and chip and hot food takeaway has been in our client’s ownership since 2022 but is now on the market as they wish to concentrate on their other business interests.
The opportunity comprises spacious ground floor premises which were refurbished circa 2020. The service area has been styled to reflect a traditional fish and chip shop at the front with the rest of the equipment (conveyor pizza oven, kebab sticks, chilled counters etc.) located behind. There are 2 prep areas towards the rear of the premises plus a dry store.
The current menu is broad and the shop has a loyal customer base. Approximately 70% of the trade is collection but the shop operates deliveries via its own drivers. The food has positive feedback via social media, and the shop has a 4*+ google review rating.
The opportunity would be ideal for an owner operator who could run the business and take advantage of the living accommodation above to keep costs down.
Premises
Comprises a detached two storey property with a ground floor retail unit and a separate flat above.
Ground Floor
Front Shop circa 300 sq.ft. (28 sq.m) with 4 pan gas range, service counters, menu boards, bain marie, kebab stick, pizza oven plus other equipment.
Prep Area 1 150 sq.ft. (14 sq.m.).
Prep Area 2 225 sq.ft. (21 sq.m.).
External W.C..
First Floor
Flat self-contained with separate access and comprising kitchen, single bedroom, double bedroom and bathroom.
EPC
Rating D.
Staff
Currently operated by 4 members of staff.
Trading Hours
Mon - Sat 12pm - 2pm 4pm - 10pm
Sun 5pm - 10pm
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £4,450
Rates exempt subject to status.
Tenure
The premises are available on a new lease at a rent of £350 weekly (£18,200 per annum) to include the flat above. Terms to be agreed and the ingoing tenant will be responsible for the landlord’s legal fees in the preparation of lease.
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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