High Turnover Fish & Chip Shop with New Lease Terms Available in Dense Residential Location
Newcastle upon Tyne, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
24/06/22
- Advert ID
297654
- Reference
5832 / Rightbiz
- Call Agent:
- Leasehold: £187,500 (Stock at valuation)
- Rent: £18,000
- Turnover: £338,000 (£6,500 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Fully Fitted
- New Lease
- High Turnover
- Close to Local Amenities
- Established Business
- Prime Location
Business Details
High Turnover Fish & Chip Shop with New Lease Terms Available in Dense Residential Location
Key Features
Confidential sale
Weekly sales circa £6,500
New lease terms available
Online ordering inc Just Eat, Uber Eats and own website
Dense residential location
Well presented trading area
This business is situated within a large residential area in Newcastle upon Tyne within close proximity to local amenities.
Business
This well established takeaway business has been running for 30 years with an impressive menu of fish & chips, burgers, pizzas, kebabs, wraps, ribs and pies. As well as ordering at the shop, they have also utilised such apps as Just Eat and Uber Eats for the customers' convenience. The current owners have also integrated their own website and app which displays their full menu and gives the option for collection or delivery.
Installed within the impressively presented trading area there is tiled flooring and a CCTV system with monitors located in the kitchen area. The current owner has been running the business for 3 years and has been unable to invest his time and full attention into the shop due to other business commitments, hence the reason for sale.
The basement has been developed and refitted to a high standard throughout with 3 well presented rooms. The main stockroom is fitted with shelving and a further two rooms currently utilised as an office space and a staff rest area.
The shop premises fixtures and fittings and all on-site equipment has been purchased new and is in immaculate condition.
Fixtures & Fittings
F&F's incorporated within the shop floor include an OMEGA 4 pan deep fryer with integrated filtration and built in food warmer, 1m fish fridge, 1m standing freezer, pizza dough machine, 2.4m² walk in freezer, 2.4m double door fridge, gas cooker, 1.7m pizza topping fridge, ARCHWAY 2 burner kebab machine, salad fridge, under counter fridge, double door drinks fridge, microwave oven, Ben & Jerry's freezer, gas conveyor belt oven, IMC chipper and BOLD potato peeler.
Staff Employed
Owner run with the assistance of 4 part-time staff members and 1 full-time staff member.
Trading Hours
Monday to Saturday 4:30pm-9:30pm
Friday 11:30am-2:00pm; 4:30pm-9:30pm
Sunday Closed
Property Type
A3/A4/A5 Restaurant and Cafes/Drinking
Establishments and Hot Food takeaways
Lease Terms
New lease terms available
Tenure
Leasehold
Retail Measurements
Ground Floor Retail Zone 57.5m² (619ft²)
Internal Basement Storage & Office Space 79.4m² (855ft²)
Total 136.95m² (1,474ft²)
Rateable Value
£6,500 (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)
Notice
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale).
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.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
