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Restaurant/cafe for sale
33 sq. m*
Not available Council tax band:
Fish & Chip Shop in Newcastle upon Tyne location
Leasehold price £85,000
Popular city suburb location
Prime trading location
A5 Takeaway Licence
Fish & Chip Shop in Newcastle upon Tyne
Key features Newly fitted A5 takeaway licence Popular city suburb Prime trading location
Located in a densely populated local area in a highly visible, main road corner location, central to large residential estates and the main road links to Newcastle city centre. There is ample on road parking for several cars outside the store. Situated in the Fenham area of Newcastle upon Tyne in the North East of England it lies to 2.5miles to the west of the city centre and bounded on the north and east by the Town Moor.
Premises The premises is held on lease with a very reasonable annual rental. To the rear is a compact part tiled preparation room and rumbling area with a restroom. Externally commercial service yard with access to delivery door and refuse storage area.
Trading Information Re-opened 1st October 2021. We are advised that weekly sales before closure due to fire damage were circa £4,500, with an average gross profit of 45%. We are able to provide sales reports for recent trading history along with the last 3 years of accounts, all of which can be made available to interested parties following a formal viewing of the business.
Annual Rent £9,360
Trading Hours Thursday to Saturday 11:00am-10:00pm Sunday 12:00pm-10:00pm
Lease Terms Current lease expiration 2023 Sublease option available (under 7 years)
Rateable Value - £5,800 Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay
Property type A5 Restaurant and Cafes/Drinking Establishments and Hot Food takeaways
Ground floor Retail zone 31.5m² (339ft²) Staff W/C 1.5m² (16ft²)
Total 33m² (355ft²)
Notice All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 BUSINESSES FOR SALE). See our disclaimer page for more details.
Viewings Any viewings for the business and/or property are to be made strictly by appointment only through A1 BUSINESSES FOR SALE. No approach should be made directly to the owner or any of their employees.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact A1 BUSINESSES FOR SALE, YO10 on +44 1904 918748 * (local rate)
Contact A1 BUSINESSES FOR SALE about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by A1 BUSINESSES FOR SALE, and do not constitute property particulars. Please contact A1 BUSINESSES FOR SALE for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.