£30,000
Restaurant for saleGuy's Chinese Takeaway Unit 2, 196 Green Lane, South Shields NE34
Just added
About this property
Established traditional Chinese takeaway
Turnover circa £2000 per week on limited hours
Ground floor premises extending to 62.83 sq. M (676 sq. Ft.)
Five-star food hygiene rating
Genuine retirement sale with growth potential
Excellent footfall & passing trade
Zero business rates (subject to eligibility)
10 years remaining of a 15-year lease
Rent £12000 per annum
Established traditional Chinese takeaway. Turnover circa £2,000 per week on limited hours. Ground floor premises extending to 62.83 sq. M 676 sq. Ft. Five-star food hygiene rating. Genuine retirement sale with growth potential. Excellent footfall & passing trade. Zero business rates (subject to eligibility). 10 years remaining of a 15-year lease. Rent £12,000 per annum.
Price £30,000 Leasehold
Ref I370
Location
The business is located on Green Lane, South Shields on a well-established neighbourhood parade, Green Lane is a busy local thoroughfare serving a densely populated residential area. The location benefits from consistent passing trade, strong local patronage, and convenient roadside access. Nearby occupiers include a mix of independent retailers, food outlets, and essential local services, helping to generate regular footfall throughout the day and evening. South Shields town centre is easily accessible, and the area is well served by public transport links, with bus routes operating along Green Lane and surrounding roads. On-street parking is available outside, making the takeaway convenient for both collection customers and delivery operations.
Business Description
guy’s Chinese Takeaway is a well-established and highly regarded takeaway business, trading from Green Lane, South Shields for circa 20 years. The business has built a long-standing, loyal customer base with a strong reputation for quality and consistency. The takeaway operates on a traditional Chinese menu, serving customers via counter sales and its own telephone delivery service. There is no third-party delivery, ensuring full control over quality and service.
The business trades from a ground floor unit extending to 62.83 sq. M (676.27 sq. Ft.), comprising a customer service area, kitchen, store, and W/C. The premises are very well presented and fully equipped for continued operation. Guy’s Chinese Takeaway is offered as a genuine retirement sale, providing an excellent opportunity for an owner-operator to acquire a profitable, established business. The business holds a 5-star Food Hygiene Rating (last inspection: 25 April 2024), reflecting its commitment to high standards.
Floor Area
62.8 sq. M. (676 sq. Ft.)
Staff
The business is operated by a husband-and-wife team, supported by one chef and one counter assistant on Fridays and Saturdays only, together with a designated delivery driver.
Tenure
Leasehold – We have verbally been informed there is a 15-year lease in place with 10 years remaining.
Price
£30,000 plus stock at valuation
Rent
£12,000 per annum
Building Insurance
Our client currently pays approximately £600 per annum, subject to minor annual variation.
Trading Information
We have been verbally advised that the business generates an approximate weekly turnover of £2,000, achieved over limited trading hours and with the business closed on Mondays and Tuesdays. The takeaway currently operates without the use of third-party delivery platforms, presenting significant potential to increase trade through extended opening hours and additional delivery channels.
Viewing
Strictly by appointment through this office.
Rateable Value
The 2026 Rating List entry is Rateable Value £3,650
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Opening Hours
Wednesday to Sunday 5:45pm – 9:45pm
Monday & Tuesday Closed
Price £30,000 Leasehold
Ref I370
Location
The business is located on Green Lane, South Shields on a well-established neighbourhood parade, Green Lane is a busy local thoroughfare serving a densely populated residential area. The location benefits from consistent passing trade, strong local patronage, and convenient roadside access. Nearby occupiers include a mix of independent retailers, food outlets, and essential local services, helping to generate regular footfall throughout the day and evening. South Shields town centre is easily accessible, and the area is well served by public transport links, with bus routes operating along Green Lane and surrounding roads. On-street parking is available outside, making the takeaway convenient for both collection customers and delivery operations.
Business Description
guy’s Chinese Takeaway is a well-established and highly regarded takeaway business, trading from Green Lane, South Shields for circa 20 years. The business has built a long-standing, loyal customer base with a strong reputation for quality and consistency. The takeaway operates on a traditional Chinese menu, serving customers via counter sales and its own telephone delivery service. There is no third-party delivery, ensuring full control over quality and service.
The business trades from a ground floor unit extending to 62.83 sq. M (676.27 sq. Ft.), comprising a customer service area, kitchen, store, and W/C. The premises are very well presented and fully equipped for continued operation. Guy’s Chinese Takeaway is offered as a genuine retirement sale, providing an excellent opportunity for an owner-operator to acquire a profitable, established business. The business holds a 5-star Food Hygiene Rating (last inspection: 25 April 2024), reflecting its commitment to high standards.
Floor Area
62.8 sq. M. (676 sq. Ft.)
Staff
The business is operated by a husband-and-wife team, supported by one chef and one counter assistant on Fridays and Saturdays only, together with a designated delivery driver.
Tenure
Leasehold – We have verbally been informed there is a 15-year lease in place with 10 years remaining.
Price
£30,000 plus stock at valuation
Rent
£12,000 per annum
Building Insurance
Our client currently pays approximately £600 per annum, subject to minor annual variation.
Trading Information
We have been verbally advised that the business generates an approximate weekly turnover of £2,000, achieved over limited trading hours and with the business closed on Mondays and Tuesdays. The takeaway currently operates without the use of third-party delivery platforms, presenting significant potential to increase trade through extended opening hours and additional delivery channels.
Viewing
Strictly by appointment through this office.
Rateable Value
The 2026 Rating List entry is Rateable Value £3,650
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Opening Hours
Wednesday to Sunday 5:45pm – 9:45pm
Monday & Tuesday Closed
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Monthly repayment
£150 per month
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