Fish & Chip Shops for sale in Bishop Auckland

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Mr & Mrs Neville (Sept 2013)
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Freehold Price: £360,000 Annual Turnover: £62,400
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Business Description
Fully trading fish & chip shop & sandwich shop
Situated in the town centre Bishop Auckland
Early viewing essential to fully appreciate
Advised annual turnover of £62,400
2x private residential lets above
Scope for further development
Ideal partnership opportunity
Genuine reason for sale

Business History

Meridian Business Sales are delighted to offer for sale this superb business opportunity which has been established for around 75 years and has been in the careful hands of our clients for the last 10 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have invested time and money in the business and premises to the point where it is in full walk in condition. Our clients inform us that annual turnover currently runs at £62,400 which is derived from the sale of traditional style fish and chip products, soft drinks and associated products. Also included in the sale is the property next door which was formally a newsagents and is now being run as a sandwich shop, both the shops have accommodation above which the vendor currently lets out. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this nature rarely stay on the market for long.
Trading Hours:

Monday: 10:30am - 2:30pm Tuesday: 10:30am - 2:30pm Wednesday: 10:30am - 2:30pm Thursday: 10:30am - 2:30pm > 3:45pm - 7:30pm Friday: 10:30am - 2:30pm > 3:45pm - 7:30pm Saturday: 10:30am - 3:00pm Sunday: Closed

Tenure: Freehold

Accommodation Details:

Two premises adjacent to each other, briefly comprising: No 44 - Fish & Chip Shop Glass fronted and well signed with secure entrance leading to: GROUND FLOOR Open plan chip shop, serving/payment counter, menu boards, hot display, deck fryer, hot plate, bain-Marie, drinks chiller, large extraction unit, fridges/freezers Rear area: Preparation room with tumbler and peeler, kitchen, toilet facilities, storage room Access to cellar which is a wet room with potato drop FIRST FLOOR Bedsit with combined lounge/bedroom/kitchen, bathroom, rental income of £75pw No 45 - Sandwich shop (Former newsagents) Glass fronted property with secure entrance leading to: GROUND FLOOR Open plan area with sandwich shop to the rear, chilled serve-over display counter, serving/payment counter, drinks fridge, various equipment such as microwaves, fridge, bain-marie, griddle, hot plate etc. Kitchen with preparation area Toilet facilities Rental income of £80pw FIRST FLOOR Self contained flat, bedroom, bathroom, lounge/diner, fully fitted kitchen, rental income of £90pw EXTERNAL Parking bay £500pa

Location Details:

The business is located in the town centre of Bishop Auckland in County Durham. Located in a high density residential area and also surrounded by complimentary businesses the shop receives a high amount of local and passing trade. Bishop Auckland enjoys a range of local amenities including shops, supermarkets, restaurants and other entertainment in the locality. Situated in close proximity to Weardale, Tynedale and the Yorkshire Dales, all offering a range of countryside walks and nature trails. Bishop Auckland is reached easily and is served well by both road and rail links, the A66, A68 and A689 provide easy access whilst the A1 provides further access to the UK's wider motorway network.

Listed by: Meridian Business Sales Limited
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