Fast Food Restaurants for sale in Durham

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £84,950
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Business Description
COUNTY DURHAM, TOP MULTIPLE CITY CENTRE. LONG ESTABLISHED (COMPANY OWNED), ALL TAKE AWAY & DELIVERY FRIED FISH BUSINESS, NEW VALUABLE LEASE, MANAGEMENT AND STAFF RUN, HIGH WEEKLY TAKINGS, TOP SOUGHT AFTER NORTH ENGLAND TOURIST LOCATION.TAKINGS: Presently averaging £6500 per week under complete management & staff control. Takings secured from All Take Away sales and Delivery service. Easy potential to peak £10,000 per week with more Owner run involvement. Theres just no telling what could be achieved if first floor redeveloped into 80 seater restaurant.

TENURE: Offered with the benefit of a new long and secure valuable 12 years lease with 4 yearly rent reviews and a commencing rent of £30,000 per annum.

TRADING HOURS: Currently trading 7 days a week from 10.30 am to 12.00 midnight. Due to the large late night custom from students, business trades up to 3.00 am during each college term.

ACCOMODATION: There is no accommodation with the business. The vendor is also offering the first floor Night Club with Bar, either as additional business, or can be easily converted back to it's previous 80 seater restaurant. We understand all Tables & Chairs will be included. Rent required £25,000 p.a. There is also a huge Basement as well to rent at £20,000 p.a. We understand this also has approved planning for Restaurant & Bar use.

BUSINESS PREMISES: Mid terraced purpose built Fish & Chip Shop with fully glazed timber frontage frame under illuminated sign. Small lobby into fully tiled waiting area with service counter. The open plan cooking/serving area is bright and airy, set under suspended ceiling with Ellidge and Fairley 4 pan wall range plus separate double kebab station. Spacious kitchen/prep room which contains fridges/freezers and leads through to wet area with adjacent freezer room. Very well laid out and equipped for easy management control. Quality materials used throughout. We understand that above this Fish & Chip Shop is a Trading night club and bar, which could esily be converted back to its previous use as a 80 Seater restaurant. It is fully self-contained and available for just £25,000 p.a. rent. Furthermore, there is a huge Basement area, also available with approved planning to convert in to a Restaurant/Bar. Additional rent of £20,000 p.a. Total restaurant seating capacity potential would exceed 140 covers. Both the first floor and basement areas will require certain refurbishment and items of equipment and Fixtures & Fittings. 1st Floor will include all Tables & Chairs.

EQUIPMENT: Very well maintained and serviced 4 pan Ellidge and Fairley wall range, double kebab unit, pie warmer, bain marie, display counter unit, digital till, 5 fridges, 3 freezers, fridge freezer, 2 microwaves, double pizza oven, gas cooker, batter/dough mixer, 2 peelers and chipper (the above items have not been tested).

TRADING POSITION: Currently trading 7 days a week from 10.30 am to 12.00 midnight. Due to the large late night custom from students, business trades up to 3.00 am during each college term.

SPECIAL REMARKS: Well established popular company owned takeaway regularly frequented during daytime by locals and visitors and being popular with the students for the evening and early morning trade. A rare opportunity with excellent scope to further increase the sales. Owner run hands could laugh all the way to the bank.



Tenure: Leasehold

Listed by: Rosens BTA Limited
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