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Hot Food Takeaway In Gateshead For Sale

Gateshead, Tyne and Wear, UK
Asking Price:
£5,000
Turnover:
Not applicable
Net Profit:
Not applicable

• Ground Floor circa 900 sq.ft. (83.6 sq.m.)
• Excellent road links and access.
• Fully fitted and equipped unit.
• Long established Takeaway site.
• Rent £8,000 per annum.
• EPC – D
• Leasehold price for fixtures £5,000

Property Information

Property:

Leasehold

Lease Terms:

A new FRI lease is available at an asking rent of £180 per week (£9,360 per annum). Full terms and conditions to be agreed. The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.

Leasehold Rent:

£9,360 per annum

Location:

The unit is located to the rear of High Street, Felling but on the upper level and known as Thompson Place. Access to the unit is from Holly Hill which fronts onto the new shopping centre and the immediate area comprises a variety of uses with a mix of commercial and residential accommodation.

There is potential captive trade but the site offers excellent access to the main routes for any delivery services which are now fundamental to this type of fast food operation.

Premises Details:

The business opportunity comprises a lock up single storey unit which traded until recently as a busy and successful Chinese Takeaway. The business was reluctantly closed due to the owner’s ill health.

This location is well established as a hot food site and remains fitted and equipped with an extraction system, 6 pan gas range, a 4 pan turbo Wok and various stainless steel worktops. Overall this is an ideal opportunity for a couple or partnership to re-establish and drive forward.

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