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Fish & Chip Shop, Kebabs & Pizzas in popular city suburb location of Newcastle upon Tyne

Newcastle upon Tyne, Tyne and Wear
Status
FOR SALE
Advert ID
268007
Reference
5781 / Rightbiz
Leasehold Price: £59,950
Annual Rent: £9,360
Annual Turnover: £234,000
Annual Net Profit: Available upon request

A1 Chippy is a very popular Fish & Chips, Kebab, Burger and Pizza takeaway serving this densely populated local area in a highly visible, main road corner location, central to large residential estates and the main road links to Newcastle city centre. There is ample on road parking for several cars outside the store. Situated in the Fenham area of Newcastle upon Tyne in the North East of England it lies to 2.5miles to the west of the city centre and bounded on the north and east by the Town Moor.

Internal Description
The premises is held on lease with a very reasonable rental and briefly comprises of a fully tiled, professionally fitted sales area with an impressive range of commercial catering equipment, including a 3 pan counter range, 4 burner kebab grill and 2 deck Pizza Oven. To the rear is a compact part tiled preparation room and rumbling area with a restroom. Externally commercial service yard with access to delivery door and refuse storage area.

The shop utilises the delivery services of Uber Eats and Just Eat but currently has no facility for its own deliveries and does not use the Deliveroo service

Trading Information
We are advised by our client that the weekly sales are circa £4,500 based on the data provided, with an average gross profit of 45%. We are able to provide sales reports for recent trading history along with the last 3 years of accounts, all of which can be made available to interested parties following a formal viewing of the business.

Equipment
A Price Iveson Wick 3 pan range deep fryer, a 4 burner kebab grill, an electric 2 pizza oven, a Bain Marie food warmer, a Klix coffee machine, fridges, freezers, potato peeler and chipper.

Staff
The business is run by the owner with the assistance of one full time and one part time staff member.

Opportunity
This is an opportunity to purchase a takeaway lock-up shop with the option to take the full lease or sublease which would exclude all on-site equipment. This could provide a great opportunity for a new owner to earn a very good living.

Trading Hours
Thursday to Saturday 11:00am-10:00pm
Sunday 12:00pm-10:00pm

Lease Terms
Current lease expiration 2023
Sublease option available (under 7 years)

Staff Employed
Owner run with 1 full time and one part time member of staff

Annual Rent
£9,360

Measurements Total
33 m² (355 ft²)

Rateable Value*
£5,800

* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information

Key Features

  • Weekly Sales circa £4,500
  • Popular city suburb location
  • Lease Option £59,950
  • Sublease £34,950 (under 7 Years)
  • Uber Eats & Just Eat delivery
  • Interested in this Business?

Call us 44 1904 867175
Email us [email protected]

Notice
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.

Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.

Listing Details
Location: Newcastle upon Tyne, Tyne and Wear
Sector: Kebab Shops, Pizza Delivery Businesses, Take Aways Businesses
Key Features
  • Established Business
  • With Car Park
  • Prime Location
  • Fully Fitted
  • Accounts Available
  • Attractive Business
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 5781 / Rightbiz

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