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Closed Fish & Chips, Pizza & Kebab Takeaway In Peterlee For Sale

Peterlee, County Durham, UK
Freehold Price:
£215,000 Furniture / Fixtures included
Leasehold:
£75,000 Furniture / Fixtures included
Turnover:
£156,000
Net Profit:
Under £50K

Key Features
Profitable takeaway business
Freehold or Leasehold premises
5 bedroom accommodation
Avg weekly sales £3,000
Net Profit £34,302 (March 2024)
Well established family business

Location
Located in the village of Wingate in County Durham, the shop is situated on the main street with parking to the front and side within a residential area and regular passing trade.

Business
A well established takeaway business including fish & chips, pizza, kebabs and off licence. Established and run by the family since 1989.

Fixtures & fittings including all equipment incorporated within the business premises for takeaway services including 4 pan fryer unit, pizza oven, kebab skewer and refrigeration equipment.

Our clients are selling the business due to retirement.

Accommodation
A three storey property with a modern 5 bedroom accommodation incorporating lounge, kitchen and bathroom.

Please contact us for further details.

Business & Living Premises Rent: £18,000

Accounts Information
March 2024 net profit £34,302
March 2023 net profit £27,590
March 2022 net profit £37,504

Rateable Value: £1,975
Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay

Lease Terms
New lease terms available

Trading Hours
Monday to Thursday 5:00pm–10:00pm
Friday to Saturday 11:30am-1:30pm and 5:00pm–10:00pm
Sunday 6:00pm–10:00pm

Premises Licence Hours
11:00am to 11:00pm

Staff Employed
No Employees

Business Premises Measurements
Trading Area 40m² (430.5f²)
Stockroom Area 23m² (247.5f²)

Total 63m² (678f²)

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.

Disclaimer Notice
Any financial information shown for the business shown is based on verbal information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise that any interested parties make the relevant enquires to satisfy themselves of any particulars related to the sale.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

New lease terms available

Leasehold Rent:

£18,000 per annum

Living Accommodation:

A three storey property with a modern 5 bedroom accommodation incorporating lounge, kitchen and bathroom.

Please contact us for further details.

Energy Performance Rating:
C

Other Information

Leasehold asking price:
£75,000 - Furniture / Fixtures included