Traditional Fish & Chip Shop In Whickham For Sale

Whickham, Tyne and Wear, UK

Asking Price:: £180,000 Furniture / Fixtures included

Turnover:: £416,000

Net Profit:: Available on request

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• Sales £8,000 weekly.
• Reputable business with a loyal customer base.
• Located within a popular residential area.
• Retail only with no deliveries.
• 5 day week - no late night openings.
• Exceptional fit and finish, including new range.
• Ideal opportunity for owner operators.
• Long lease at £950 per month.

Property Information

Property:: Leasehold

Lease Terms:: The premises are held on a 15 year lease from 2021 at a passing rent of £950 per calendar month. Further details on application.

Leasehold Rent:: £11,400 per annum

Location:: This business is located in the centre of the village, close to the main shopping area and car parks. The immediate area comprises a mix of residential and commercial property with commercial occupiers that include pubs, restaurants, hair and beauty salons and estate agents.

Premises Details:

This fish and chip shop has been in our client’s ownership for the last 3 years but has been placed on the market as they now wish to concentrate on their other business interests.

The premises was recently refurbished and the service area has been styled to reflect a traditional fish and chip shop with a relatively compact menu that reflects this theme. The quality of the product is paramount to the current owner and is reflected by a loyal customer base and the strong feedback via social media.

This is a retail only operation at the moment with scope to incorporate deliveries and we see the business as an opportunity for either a couple or a partnership to grow further.