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REDUCED FISH & CHIP SHOP WITH EXCELLENT REPUTATION LOCATED IN USHAW MOOR

BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 11,013 TIME(S)
BUSINESS REFERENCE : 1684 / RightBiz

 

 
A deceptively spacious unit that our client refurbished completely in 2007 to an extremely high standard throughout and the shop now has brand new appliances. There is a 3 bed maisonette above the shop currently rented on a short term lease at £450 pcm.

BUSINESS LOCATION:

Ushaw Moor County Durham UNITED KINGDOM

BUSINESS SECTOR:

Catering

TRADE TYPE:

Fish & Chips Shops

SALE:

Agent Sale

FREEHOLD:

£299950
   
 
   

BUSINESS DETAILS:

* Deceptively spacious and well equipped business
* Large 3 bedroom maisonette – currently rented
* Only fish & chip shop in the local area
* Refurbished to an extremely high standard in 2007
* Advised weekly t/o of approximately £3,600
* Vendor has applied for a premises license to allow the sale of alcohol

***REDUCED FROM £350,000 TO £299,950***

SITUATION
Situated on Station Road in Ushaw Moor, located approximately 3 miles west of Durham.

The area is currently undergoing redevelopment with the proposed building of two new residential housing estates by national companies together with various developments by local builders.

BUSINESS
Our clients have owned and operated the business for the last year and are now looking to move to new business ventures. The shop was completely refurbished in June 2007 to an extremely high standard throughout.

The shop has a prominent main road trading position with good signage. The entrance and customer areas are modern throughout with tiled floors, PVC cladding on the walls, built in fish tanks, illuminated menu display, hot drink vending machine and ice cream freezer.

The serving area has all new appliances which include a double pizza oven, Martyn Edwards fish and chip range with display cabinet above, kebab spit, Bain Marie, pizza prep counter with built in chilled storage and salad tray, cold drinks fridge, panini machine, slush machine, sales till, serving counter, storage cupboard and hand wash basin.

To the rear of the main serving area is a prep room with PVC cladding on the walls, stainless steel work surfaces, wash area, salad sink, double freezer, fridge, chest freezer, potato rumbler, chipper, batter mixer, storage cupboard and a staff WC and hand wash.

The business has a 4 camera CCTV system installed with audio internal and external.

OWNER’S ACCOMMODATION
Separate to the shop unit and currently rented on a short term agreement of £450 per calendar month. The first floor comprises of a lounge, fitted kitchen, bathroom with Jacuzzi bath and a

EXTERNALLY
The business benefits from large amounts of on-street parking to the front with a private yard and bin storage to the rear.

TRADING HOURS
Monday to Thursday
11.30am – 1.30pm & 4.30pm – 10pm
Friday
11.30am – 1.30pm & 4.30pm – 11pm
Saturday
11.30am – 1pm & 4.30pm – 11pm
Sunday - Closed

FIXTURES AND FITTINGS
We are advised the fixtures and fittings are owned outright.

STAFF
The business is operated by our clients as a husband and wife team with the assistance of 4 part time members of staff.

LICENSES
The property has an A5 Hot Food Licence in place.

TRADING INFORMATION
We are advised by our client that the current turnover is approximately £3,600 per week. Management accounts will be made available to all genuinely interested parties who have viewed the business through Moralee & Co Ltd.

TENURE
Freehold

RATES
The rateable value of the premises is £2,650 with the rates payable for 2008/2009 being £1,213.70. We are advised by our client that the business qualifies for a 50% rate reduction and the rates payable are therefore £606.85 per annum.

SERVICES
We understand that the property has all mains services.

VIEWING
As this business is being confidentially marketed, all viewings must be made through this office. No direct approach should be made to the owner or the business itself.


MISREPRESENTATION ACT 1967 & PROPERTY MISDESCRIPTION ACT 1991
These particulars are provided only as a general outline of the property referred to. Parties should make their own enquiries and inspection of the property to satisfy themselves as to the accuracy or otherwise of the information given. Other than this general outline neither we nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the property referred to above.


For further information please contact craig@moraleeandco.com
   
  FOR SALE
   

SELLER:

MORALEE & CO

CONTACT:

0191 2362277

REFERENCE:

1684 / RightBiz

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