Well fitted Fish & Chip Shop in County Durham For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Co. Durham.

Turnover £ 3,700
Price £75,000

Features

Traditional Fish and Chips Shop

5 STAR HYGIENE RATING

Ample customer's car parking as there are no parking restrictions in front of shop.

DOUBLE FRONTED PREMISES in the region of 960 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, 2-pan counter range, EPOS till, chip dump, drinks display fridge (glass fronted upright double-door), CCTV system (6 cameras, 1 monitor), etc.

Kitchen, potato chipper and peeler, Fish fridge, 2 freezer, 4 fridge.

Toilet with w.c. and wash hand basin…

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,700 p.w. with a Gross profit of 65% approx. (20% DELIVERIES)

Staff

The business is at present operated by the vendor's wife with 1 full time staff & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 2pm then 4pm - 9pm
SUNDAY 4pm - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Parking space for 3 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £14,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote