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Well Presented 5 Bedroom Accommodation
Well Established Take Away Business
Excellent freehold opportunity to purchase a well established takeaway fish & chips, pizza, kebab shop with convenience and off licence business in County Durham. Located within a residential area and with a good reputation this a fantastic opportunity for a family operated business .
A profitable food business with good net profit this takeaway business has been established and run by the same family since 1989. Well positioned in the village of Wingate, County Durham the shop is situated on the main street with parking to the front and side and has a large catchment area with good passing trade.
Fixtures & fittings including all the equipment needed for the takeaway service including the 4 pan fryer unit, pizza oven and kebab skewer along with refrigeration chillers. This is an excellent freehold or leasehold opportunity for a couple or family wishing to take over a successful business and run it themselves.
Our clients are selling the business due to retirement.
A very well presented three storey property with a modern and newly refitted 5 room accommodation upstairs and available to purchase or rent. Please contact us for more information on the accommodation.
Trading Area 36.2 m² (389.6 f²) Stockroom Area 21.4 m² (230.3 f²)
Lounge 31.2 m² ( 106.5f²) Kitchen 17.5m² (78.5 f²) Bathroom 8 m² (35.5 f²) 1st Bedroom 9.9 m² (106.5 f²) 2nd Bedroom 9.6 m² (103.3 f²) 3rd Bedroom 13.8 m² ( 148.5f²) 4th Bedroom 17 m² (183 f²) Loft Room 34 m² ( 365.9f²)
Financial Information Freehold Price £265,000
Leasehold Price £75,000
Weekly Sales £4,500
Business Annual Rent £18,400
Accommodation Annual Rent £5,400
Business Rates Current rateable value £1,975 (Business rates relief available please see below *)
Fixtures & Fittings Approximate Value
Accounts Available 3 years
Annual Net Profit £38,000
Gross Profit Margin 40-50%
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) Click here for more information
Further Details Premises Licence The premises has a licence to sell alcohol
For more information about this property, please contact A1 BUSINESSES FOR SALE, YO10 on +44 1904 918748 * (local rate)
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