TYNE & WEAR, NEWCASTLE CITY. REDUCED TO £39,950 FOR A QUICK SALE, MODERN FISH & CHIP SHOP TAKEAWAY/DELIVERY BUSINESS, EXTREMELY WELL FITTED & EQUIPPED, RELUCTANT SALE DUE TO FAMILY HEALTH ISSUES, EXCELLENT GROWTH POTENTIAL AS ONLY TRADING 3 DAYS & 2 HALF DAY WEEKLY, ABOUT 25 HOURS FRYING A WEEK, HELD ON SECURE LEASE.

TAKINGS: Prior to unforeseen family health issues, weekly takings were in excess of £3,500, but have since declined to £2,500 per week due to the greatly reduced trading and limited frying hours of just 25 hours a week. There’s just no telling what could possibly be achieved with normal longer trading hours which has been lost even though there are 3 very popular busy pubs close by. Also would benefit from a leaflet campaign and a social media presence.

TENURE: We understand a new 15 years lease was granted in September 2020 with a current rent of £11,000 per annum.

TRADING HOURS: As already indicated, this business has had to reduce the trading hours considerably and now only opens Tuesday, 5:00 pm to 8:00 pm. Wednesdays to Fridays and Saturday, 11:30 am to 2:00 pm and 4:30 pm to 8:30 pm. Sunday, closed. Total of just 25 hours frying a week with no late night trading whatsoever.

ACCOMMODATION: There is NO ACCOMMODATION included with this excellent Fish & Chip shop.

BUSINESS PREMISES: Prominent purpose built Lock-Up Fish & Chip shop with bright single fronted tiled exterior and overhead illuminated sign fascia. Single entrance door leads into very spacious modern designed chippy with suspended panel lit ceiling throughout, tiles walls and quality industrial lino flooring. Full width service counter encloses the very large fully fitted frying area with the installed Island frying range. There is also an overhead extraction facility where the ( currently unused kebab machine ) is situated together with wealth of stainless steel working areas and sink. Large fish and potato preparation areas adjoin.

EQUIPMENT: Fully fitted & equipped to high standard and headed by 4 pan Island frying range, many assorted fridges & freezers, fish keeper, glass door drinks fridge, cash register, selection of stainless steel work tops, shelving, sinks and much more, 56lb peeler and chipper. Recently purchased ( currently unused ) kebab machine and also fully equipped area with ( currently unused ) pizza equipment. There’s no reason why if these two Items are introduced to the business that this alone would boost taking tremendously, which was in fact the Vendors original plans.

TRADING POSITION: Prominent bustling parade of 7 shops on main trading position. Surrounding district vastly populated in every direction. 3 large Pubs close by. Business does not capture this lost income, but does capture custom from outlying districts. Easy access to A1 & A69 through routes. No direct opposition. Trade is also boosted by large Civil Service building & main General Hospital close by.

SPECIAL REMARKS: It is obvious that this is a very premature and reluctant sale due to unforeseen family health issues. Trading hours have been greatly reduced and the vendors plans to introduce normal trading hours and the introduction of kebab & pizza has now been put on hold, allowing the way for the next owner to develop this Chippy into something very special with greatly increased weekly takings. Early viewing strongly recommended, you will not be disappointed. In fact by simply returning to normal opening hours could see present neglected takings double if not more. Bargain opportunity not to be missed.

PRICE: £39,950 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS