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Freehold Fish Chip Restaurant Takeaway Located In Newport For Sale

Newport, Gwent, UK
Asking Price:
£329,950 Furniture / Fixtures included
Turnover:
£247,000
Net Profit:
Available on request

Freehold Fish & Chip Restaurant & Takeaway located in Newport. Established for over 75 years. Well appointed and comes fully fitted. Self contained Two bedroom accommodation above.

Veritas Business sales are delighted to offer for sale this immaculately presented Fish & Chip Restaurant & Takeaway which is located in the City of Newport in Gwent. The business has been established for over 75 years and has been in the careful hands of our client for the past 3 years. The business is now reluctantly being offered for sale due to other business commitments.
Since ownership they have completely refurbished both the commercial and residential aspects of the property to a very high standard, continually investing in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price, which means that any new purchaser will not need to spend any additional funds for some time. The Quality of the refit and contents are exceptional. 245 Lewis Diner is managed owner operated with the help of 1 full time and 3 part time members of staff and has a weekly turnover of £4,500 to £5,000. The turnover is walk in trade although recently our client has introduced deliveries by the online portal Uber Eats and as noticed an increase in sales immediately. Primarily all the food is gluten free, but they offer a Halal menu as well as non-gluten free products. They serve traditional fish & chips, pies, burgers, hotdogs, chicken, condiments, sides, pasties, pizza, breakfast meals, jacket potatoes, homemade meals, fresh salad bar, desserts and hot & cold drinks. They also offer afternoon teas, with gluten free cakes made with their very own fresh ice cream.
The business has a strong reputation within the local community and beyond and as such has a high level of regular repeat trade along with plenty of passing trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this one is not to be missed. 

Property Information

Property:

Freehold

Living Accommodation:

First Floor Flat
Large living room/lounge.
Domestic kitchen which is fully fitted and houses the combination boiler (Ideal).
Shower room with shower cubicle, WC and wash basin.

Second Floor
2 large double bedrooms.

Location:

This well-established Fish & Chip Restaurant & Takeaway is located in Newport, Gwent. Situated within a prominent and highly visible trading position on a busy road that takes a busy flow of traffic into the City Centre which is less than half a mile away. Rodney Parade the home of The Dragons is within a five-minute walking distance.

Premises Details:

Ground Floor
Takeaway comprising: single fronted entrance into an open plan shop area with circa (30) covers with upholstered bench style seating, upholstered chairs and numerous single and double wooden tables, from this open plan space there is access to the first floor via a staircase and a separate enclosed door to the basement. The main servery area consists of a 2 pan (Preston & Thomas) range with chip ox & scraps box, 2 food warming cabinets, glass fronted chiller display, counter top displays of two double glass fronted drinks chillers, wall mounted menu blackboards, and an Ice cream maker (Taylor). At the rear of the main servery there is a counter top double pizza oven (Mondena), 8 pot wet bain-marie, coffee machine (Pazzo Lella Signasia), 2 stainless steel tables, stainless steel wash basin, wall mounted paper towel dispenser, microwave (Samsung) and a toaster. There is also a small space allocated to the preparation of non-gluten free products which comprises of an upright fridge, potato oven, microwave, 2 x sandwich toasters and 2 x commercial toasters and prep counter.
Kitchen with full extraction canopy, 6 burner range (Universal), upright double fryer (Toros), griddle(Ace),stainless steel table, stainless steel undercounter fridge, wall mounted storage units and stainless steel double sink drainer with directional hose.
Freezer & utility room with potato storage area, potato peeler, potato chipper, 2 plastic chip tubs, double stainless steel sink unit, tall fish fridge (Indesit), tall stainless steel upright freezer, chest freezer (Artica) and chest freezer (Electrica).
The ground floor benefits from a combination boiler (Worcester Bosch)

EPC Rating E
Basement
Accessible from the open plan dining area, used only for storage of packaging.

First Floor
Unisex WC with wash basin and hand dryer.
Office with one workstation and CCTV monitor (3 external and 10 internal cameras).
The first floor is accessible from the open plan dining area.

The entrance to the flat is totally self-contained and access is via the front entrance and stairs. The flat is sub-let for £10,400 pa.
Flat EPC Rating D
The premises benefits from gas fired central heating and UPVC double glazing. The business and flat have their own utility meters.

External
Large flat rear garden with patio slabs, enclosed fencing and land locked.

Energy Performance Rating:
E

Business Operation

Trading hours:

Monday – closed
Tuesday – Saturday – 9:00am – 6:30pm
Sunday – closed

Years established:
75 years

Other Information

Inventory / Stock value:
£2,000

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