£69,950
Leisure/hospitality for saleFish & Chips NE29, Tyne And Wear
3 beds
Business
Leasehold
About this property
Densely populated community
Includes two to three bedroom flat
Lots of scope to increase sales
Low rent and overheads
Community chippy and hot food takeaway in North Shields for Sale.
Located in the central hub of a densely populated community in North Shields, this traditional fish and chip shop enjoys a monopoly within the local area and is superbly equipped to also cater other hot food items such as pizzas and kebabs. The business has been in the same ownership for 22 years. Annual turnover £93,778. Run from highly prominent premises and benefiting from low local council rent and overheads. The premises includes a privately accessible two to three bedroom flat, which is currently being separately rented on a shorthold tenancy, producing £450 per month. New owners can take the flat back for their own use or continue to use the rental income to offset the whole rent being paid to the council. Doing this, effectively reduces the rent payable for the chippy to just £300 per calendar month. Currently being run on a low-key basis, with no use of any online ordering portals, the business profits well from just traditional openings and some deliveries. There is a vast opportunity here for energetic and ambitious new owners to open longer hours, promote the additional hot food items and make use of social media and online delivery providers. Two-sided, highly visible profile, being at the corner of a parade of local shops. Traditional walk-in takeaway with room for some internal tables if required. Behind the service counter and 3-Pan fry range, there is a large food prep room with two deck pizza oven, kebab rotisserie and further to the rear the wet prep area. Ample chilled and dry goods storage. Staff WC. Separate access to first floor flat, fully self-contained with its own kitchen, bathroom and two or three bedrooms, depending on your chosen lay-out. A useful garage at the rear of the property is included.
Stock £1,000. EPC Band B.
Located in the central hub of a densely populated community in North Shields, this traditional fish and chip shop enjoys a monopoly within the local area and is superbly equipped to also cater other hot food items such as pizzas and kebabs. The business has been in the same ownership for 22 years. Annual turnover £93,778. Run from highly prominent premises and benefiting from low local council rent and overheads. The premises includes a privately accessible two to three bedroom flat, which is currently being separately rented on a shorthold tenancy, producing £450 per month. New owners can take the flat back for their own use or continue to use the rental income to offset the whole rent being paid to the council. Doing this, effectively reduces the rent payable for the chippy to just £300 per calendar month. Currently being run on a low-key basis, with no use of any online ordering portals, the business profits well from just traditional openings and some deliveries. There is a vast opportunity here for energetic and ambitious new owners to open longer hours, promote the additional hot food items and make use of social media and online delivery providers. Two-sided, highly visible profile, being at the corner of a parade of local shops. Traditional walk-in takeaway with room for some internal tables if required. Behind the service counter and 3-Pan fry range, there is a large food prep room with two deck pizza oven, kebab rotisserie and further to the rear the wet prep area. Ample chilled and dry goods storage. Staff WC. Separate access to first floor flat, fully self-contained with its own kitchen, bathroom and two or three bedrooms, depending on your chosen lay-out. A useful garage at the rear of the property is included.
Stock £1,000. EPC Band B.
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