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Hot Food Takeaway In Sunderland For Sale

Sunderland, Tyne and Wear
Asking Price:
£109,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
Available on request

• Reputable takeaway in very busy location.
• Sales £5,000 - £6,000 weekly.
• Newly fitted and equipped premises.
• Forms part of a busy parade with parking.
• High levels of passing and captive trade.
• LEASEHOLD PRICE £109,000 plus SAV

Property information

Property:

Leasehold

Lease Terms:

We are verbally informed that the premises are held on a 10 year lease from 2016 at a rent of £11,000 per annum plus VAT. Any interested parties should seek legal confirmation of this.

Leasehold Rent:

£11,000 per annum

Location:

The business is located within a newly developed parade which fronts directly onto North Hylton Road on the north side of the River Wear. This is an extremely busy road which links Southwick with Hylton Castle and Town End Farm and ultimately the A19 Trunk Road. There is some significant investment taking place in the immediate area with the new Wear Crossing due to open in Spring 2018. This will significantly improve access over the River Wear and is likely to lead to subsequent building projects and new opportunities for local businesses.

Premises Details:

This business was established by our client in 2016 but has been reluctantly placed on the market as they are looking at another opportunity outside the region.

The business predominantly operates as a Fish & Chip shop but has an additional menu which includes pizza, kebabs and burgers. The unit is extensively fitted and equipped and all the fixtures and fitting were new when the business was launched. The premises are spacious and have a large prep area together with the service counter and open plan grill.

There are strong levels of both passing and captive trade and there are some densely populated residential housing estates nearby as we well as a number of industrial, office and warehouse units.

There is currently a delivery service offered via JUSTEAT and HUNGRY HOUSE and this is only recently been incorporated and has improved turnover markedly. This is a rare to the market high turnover opportunity and viewing is strongly recommended to appreciate the fit and finish.

Premises

Comprise a refurbished, two storey property with a retail unit and separate 3 bedroom flat above.

Ground Floor
Service Area 551 sq.ft. (51.2 sq.m.)
Kitchen / Prep Area 296 sq.ft. (27.5 sq.m.)
W.C. with wash hand basin.

External
Service Area / Bin Store

Size in square feet:
850

Business Operation

Trading hours:

Monday – Saturday 11am - 2pm 4pm - 11pm
Sundays 4pm - 10pm

Employees:
Currently operated by the owner with 4 part time staff.
Years established:
1 year.

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