• Weekly sales £5,000 to £6,000 weekly.
• Trading from City since 1954.
• Central location close to main circuit.
• Licence to trade until 3am.
• Delivery service with scope to expand.
• New lease available at £20,000 per annum.
• LEASEHOLD PRICE £95,000 to include all fixtures.
- Asking Price:
- £95,000 Furniture / Fixtures included
- Turnover:
- £275,000
- Net Profit:
- On request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
A new lease is available.
- Leasehold Rent:
-
£20,000 per annum
- Location:
-
The business is located on Neville Street which runs off North Road in a busy part of the City on the north side of the River Wear. North Road is one of the main routes running from the Railway Station and new Bus Station down towards Framwellgate Bridge. There is currently investment taking place nearby with the re-development of the Milburngate Shopping centre and the cinema complex.
- Premises Details:
-
This fish and chip shop has been trading from within Durham since 1954 and has been placed on the market by the current owner as they now wish to concentrate on another unrelated venture.
This venue has been part of the Durham late night fabric since 1954 and is popular with locals, visitors and students. The location is close to a number of bars and nightclubs and just off the main “circuit” which is busy all year round but particularly so during term time. There is also a bar within the same building as the Stantons business.
Stantons originally operated as a traditional fish and chip shop but over the years the menu has diversified with tastes. Fish and chips still make up around 50% of the turnover with the remainder coming from the sale of kebabs, burgers and pizza.
There is a delivery service which accounts for circa 40% of the takings but the only platform the owner currently uses is Just Eat. There is clearly further potential to expand the business profile and delivery services and deliveries is now where these types of businesses make their money outside of the weekend peaks.
Premises
Comprises the self-contained ground floor of a mid-terraced property with a service area to the front and a prep room with access from the rear lane and shop.
Ground Floor
Fish & Chip Shop circa 300 sq.ft. (27.5 sq.m) with 4 pan gas range, kebab machine, service counters, menu boards, bain marie, and tiled walls.
Prep Area 295 sq.ft. (27 sq.m) with double pizza oven, commercial sinks, fridge, freezers, chippers, peeling station.
W.C. with wash hand basin.
- Energy Performance Rating:
- B
Business Operation
- Trading hours:
-
Trading Hours (permitted to trade till 3am)
Monday - Wednesday 4.00pm - 10.00pm
Thursday & Sunday 11.30am - 10.00pm
Friday & Saturday 11.30am - 1.00am
- Employees:
- Can be sold free of staff.
- Years established:
- Since 1954