Property for sale in Redmond Road, Sunderland SR5

£9,995
Interested in this property? Call +44 191 375 9237 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Fantastic Leasehold Business Opportunity
  • Well Known And Long Established Traditional Fish & Chip Shop Business
  • Great Location Within Densely Populated Area With Plenty Of Captive Trade
  • Fully Fitted And Equipped For The Trade
  • Short Trading Hours With Scope To Increase If Required
  • Excellent Turnover Circa £1,500 To £2,000 Per Week with Scope To Increase by Adding Deliveries
  • Asking Rent £13,000 Per Annum Inclusive (Capped for Five Years)
  • Viewing comes highly recommended!

Property description

Tenure: Leasehold

Jonathon Lewis are delighted to offer for sale this busy and well equipped fish and chip shop. This is an excellent and rare opportunity to purchase a well established family run business, with a fantastic weekly turnover. Located in the heart of a densely populated residential area in Sunderland and providing excellent levels of captive trade. Viewing comes highly recommended!


Description


This is an established business which has been in our clients family ownership since 1997. The business has been placed on the market as our client now wishes to concentrate on their property portfolio.

The business currently trades as a traditional fish and chip shop but would also be suitable for use in other cuisines such as Indian and Chinese Takeaway. The unit is currently fully fitted and equipped for the trade with excellent weekly takings averaging £1,500 to £2,000 with scope to increase by adding a delivery service.

The unit forms part of a very busy shopping parade located in the heart of a densely populated residential area providing excellent levels of captive trade.


Accommodation


Comprises a ground floor retail unit with prep room, storage area and wc to the rear.

Ground Floor: Total Floor area approx. 74 m2 (800 ft2)

Shop Unit with 3 pan gas range fryer, menu board, extraction system, pizza oven, kebab machine, bain marie and electric roller shutters.

Rear Prep Room.

Rear Storage area and separate W.C


Fixtures & fittings


The business is fully fitted and equipped for the trade. A full inventory can be made available to a bona fide purchaser.


Tenure


The property is Leasehold and offers are sought in the region of £9,995. A new 15 year lease is available at an asking rent of £13,000 per annum (capped for five years).


Asking price


The goodwill, fixtures, fittings, and assingnment of the lease are sought at £9,995 plus any associated fees.


VAT


All the figures quoted exclude VAT where chargeable.


Rates payable


We have been verbally informed that the premises are assessed as follows:

Rateable Value: £1,950

Interested parties should contact the Local Rating Authority to determine the precise rates payable. Incentives may apply.


Legal costs


The in-going buyer is to be responsible for all reasonable costs incurred in connection with this legal transaction.


Energy performance


EPC rating is: D

The certificate is available upon request.


Staff


Currently operated by the owners with the help of other members of staff.

Business opening hours:

Monday - Saturday 11:30am - 1:30pm 5:00pm - 9:00pm


Disclaimer


None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Lessee to ensure that they are in working order. Any areas, measurements and distances given are approximate only.

Viewing: Strictly by appointment only

To arrange an appointment to view this property contact our Seaham branch on .

Opening Hours

Monday to Friday 9.00am - 5.30pm

Saturday 9.00am - 2.00pm


Important note


The premises are offered subject to contract, availability and confirmation of details. The particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any inaccuracies or errors. No other statements contained in the particulars are to be relied upon as a statement of fact and are a general outline only for the guidance of intending purchasers or tenants, and should be verified by you on inspection or by your solicitor as to the correctness of these statements. The photographs show only parts of the property as they appeared at the time taken. You should not rely on statements by Jonathon Lewis Ltd in the particulars or by word of mouth or in writing as being factually accurate about the property/business, its condition or its value. The vendor(s) or lessor(s) do not make or give Jonathon Lewis Ltd (nor their joint agents) nor any person in their employment any authority to make or give any representation or warranty whatsoever in relation to this property. Unless otherwise stated, all prices and rentals quoted are exclusive of Value Added Tax to which they may be subject.

Stand out from the crowd ! If you are thinking of moving home or currently have your property on the market with another Estate Agent and feel you are not receiving the results they promised, we would be delighted to hear from you. One of our expert valuers will carry out a free no obligation valuation of your property and give you specialist marketing advice.

Don't just take our word for it...

"Carol and I would like to thank you all for your very professional and efficient service during the sale of our property. Your recommendations were most realistic and clearly stated, jargon free and to the point. We both felt very comfortable dealing with you all and felt quite certain that you knew your business, area and clientele well. Each time we visited the Office we were sure of a warm and courteous welcome. We would have no hesitation in recommending you to family and friends. Thank you once again."

Mr and Mrs A, Seaham

Property info

Nearby transport

  • Sunderland (2.2 miles)
  • Heworth (5.6 miles)
  • Seaham (7.0 miles)
  • Newcastle Airport (13.2 miles)
  • Durham Tees Valley Airport (28.9 miles)
  • Leeds Bradford International Airport (74.0 miles)
  • Newcastle International Ferry Terminal (4.7 miles)
  • South Shields Ferry Terminal (5.0 miles)
  • North Shields Ferry Terminal (5.4 miles)

Nearby schools

View all schools in Sunderland
  • English Martyrs' Roman Catholic Voluntary Aided Primary School (0.3 miles)
  • Willow Fields Community Primary School (0.3 miles)
  • Northern Saints CofE Voluntary Aided Primary School (0.3 miles)
  • Beacon of Light School (1.6 miles)
  • Monkseaton High School (7.4 miles)
  • Whitley Bay High School (8.6 miles)
  • Red House Academy (0.2 miles)
  • Castle View Enterprise Academy (1.1 miles)
  • The New Bridge Academy (1.3 miles)
Note: Distance is shown as a straight line measurement

Local info for Sunderland

About the neighbours in SR5

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For more information about this property, please contact
Jonathon Lewis, SR7 on +44 191 375 9237 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Jonathon Lewis, and do not constitute property particulars. Please contact Jonathon Lewis 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.

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