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Hot Food Opportunity In Washington For Sale

Washington, Tyne and Wear, UK
Asking Price:
£49,950 Furniture / Fixtures included
Turnover:
£100,000
Net Profit:
Available on request

• Sales currently circa £2,000 weekly.
• Currently only trading 24 hours per week.
• Pleasant village centre within Washington.
• Immaculate, fully fitted premises.
• £6,000 per annum income from the 2 bed flat above.
• Viewing strongly recommended.
• Leasehold price £49,950 plus any stock.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 20 year lease from 2020 with a passing rent of £10,000 per annum.

The separate flat is currently sublet at £500 pcm (£6,000 per annum) and this significantly reduces the rent commitment of the business. Full details on application.

Leasehold Rent:

£10,000 per annum

Living Accommodation:

First Floor
Lounge
Kitchen
2x Bedrooms
Bathrooms

External
Shared Yard
Balcony to Flat

Location:

This is an established hot food takeaway site which was closed during the initial “lockdown” period but was then acquired by our client and refurbishd in late 2020.

Rickleton is one of the “village” communities that form the town of Washington. Rickleton is to the south of the main town centre and is a popular residential address with comprises a broad range of provide housing. The business forms part of a small shopping area off Vigo Lane with a free car opposite.

Premises Details:

This fish and chip shop and hot food takeaway opportunity comprises an extremely well fully fitted and equipped unit which was refurbished in late 2020. The business operates as a traditional fish and chip shop with a relatively compact menu but that includes pizza and kebabs.

There are strong levels of captive trade from the local population and passing trade is generated from its relatively easy main road access and free parking. The trading hours are currently short through personal choice with no lunchtime opening and evenings only to 8pm. There is a delivery service which could be promoted further and the good road access will clearly assist this part of the trade.

This is an opportunity to acquire a reputable business in a pleasant residential area with scope and potential to quickly expand all the elements.

Property

Ground Floor
Fish & Chip Shop circa 430 sq.ft (40 sq.m.) with 3 pan gas range, extraction system, fridges, microwaves, freezers, bain marie, kebab stick, Zanolli conveyor pizza oven, menu boards.
Potato Room circa 50 sq.ft. (4.2 sq.m.) with chipper, peeler, rumbler and sluice area.
W.C.

Energy Performance Rating:
D

Business Operation

Trading hours:

Monday – Saturday 4.00pm – 8.00pm
Sunday closed

Employees:
The business is currently run by our client with the help of 1 full time and 1 part time members of staff.
Years established:
2 years.

Contact North East Commercial

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