Retail premises for sale in Front Street, Wingate TS28

Freehold Takeaway Business, Fish & Chip Shop & Off Licence with well presented 5 Bedroom House

Key Features
• Avg weekly sales £4,500
• Freehold Opportunity
• Well presented 5 bedroom accommodation
• Well established take away business
• Off Licence, Delivery Service
• 3 storey property
• Price Reduced

The property is located within a residential area in Wingate, County Durham with limited competition nearby. This is an 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 .

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.

Accommodation
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 Hours
Monday - Friday 11:30am - 1:3 pm; 5:00pm - 11:00pm
Sunday - 6:00 pm - 11:00 pm

Premises Licence
The premises has a licence to sell alcohol

Freehold Price
£249,950

Leasehold Price
£74,950

Business Annual Rent
£13,000

Accommodation Annual Rent
£5,400

Fixtures & Fittings Approximate Value
£20,000

Accounts Available
3 years

Employees
No employees

Stock Value Estimated
£10,000

Annual Net Profit
£38,000

Rateable Value
£1,975
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)

Shop Dimensions

Trading Area 36.2 m² (389.6 f²)
Stockroom Area 21.4 m² (230.3 f²)

Total 57.6m² (619.9f²)

Accommodation Dimensions

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)

Total 131m² (1,410f²)

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.