Fish and Chip Shop in Stanley Co. Durham

Price:

Freehold - £199,950

Turnover:

Seller Ref:

2874

Location:

Durham, Stanley

Business Type:

Food Service Businesses

See Other:

Fish & chip shops for sale in Durham
Kebab shops for sale in Durham
Pizza delivery shops for sale in Durham
Fast food restaurants for sale in Durham
Food service businesses for sale in Durham

Description:

THE BUSINESS:

Preferred Commercial is pleased to offer for sale this popular fish and chip shop, which was established by our client in August 2011 and which is only now being placed on the market due to our client's other business interests and genuine family reasons. The business trades 7 days a week, generating a turnover in the region of £210,000 per annum with a gross profit of 70%, derived from the sale of fish and chips, pizzas, fried chicken and kebabs. There is scope for a new owner to increase turnover by introducing Indian food as we are advised there is no other outlet in the area offering this cuisine. There is also potential to embark on a modest advertising campaign. The premises have recently been refitted to a high standard throughout with a double glass frontage and double entrance doors. The business is truly in a walk-in-and trade-condition. There is also a 2-bedroom flat to the first floor and a bedsit to the side of the premises. We feel this represents an ideal opportunity to acquire a thriving fish and chips shop and takeaway business in such an ideal location. Early viewing must come highly recommended.

Location Details:

Pappa's Chippy occupies a prime trading location at the end of a busy parade of complementary shops and businesses on Holly Hill Gardens, Stanley, County Durham. The business is surrounded by a densely populated residential area, from which it draws much trade. Pappa's Chippy benefits from having a bus stop directly outside and ample free car parking in the vicinity. There is a primary school and nursery close by. Stanley is a popular rural town surrounded by picturesque countryside and is famous for Beamish Museum, which lies 2 miles away. The town lies between Chester-le-Street and Consett and is 9 miles southwest of Newcastle-upon-Tyne. The A1(M) is easily accessible being just 5 miles to the east.

Trading Hours:

Mon - Sat: 11am – 2pm & 4.30pm - 11pm Sun:4.30pm - 10pm

Accommodation:

Ground floor lock-up fish and chips premises, recently refitted to a high standard throughout and benefiting from three-phase electricity supply, electrically operated roller shutters and 8-camera CCTV system. Briefly comprising: Ground Floor • Main sales area with serving counter • Stock room Flat 1a • 1-bedroom flat to side, currently used as staff accommodation Flat 1b • 2-bedroom flat above with spacious rooms, currently rented out at £400 per month External • Yard to rear • Ample car parking in the vicinity Additional Information Our client also has two further flats, adjacent to the premises, and a 3-bedroom house, approximately 50 metres away. The 3-bedroom flat generates a rental income of £450 per month, the 2-bedroom flat £400 per month and the house £450 per month. These additional properties are available by separate negotiation.