Rosens Ref:  COD651  Leasehold Price :   £140000

Location: County Durham


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NORTHUMBERLAND. LONG ESTABLISHED SAME FAMILY HANDS SINCE 2004, MAJOR TOWN CENTRE PURPOSE BUILT FRIED FISH RESTAURANT & TAKEAWAY BUSINESS, NO LATE NIGHT TRADING, 3 BED FAMILY ACCOMMODATION.

AVERAGE TRADE:
Averaging £4,500 p.w from very basic menu and limited trading hours. Good scope and space to add Kebabs or Pizza's.

TENURE:
Approximately 7 years remain on Lease (15 year option to extend at end of term), at a present rent of just £15,750 per annum.

TRADING:
Monday & Wednesday, 11.30am to 2.00pm and 4.30pm to 9.00pm. Tuesday, Thursday, Friday & Saturday, 11.30am through to 9.00pm.

ACCOMMODATION:
The first floor has been converted into accommodation incorporating 3 bedrooms, lounge, fitted kitchen/diner and bathroom, being double glazed.

BUSINESS PREMISES:
Very prominent well established two storey semi-detached purpose built 25 seater restaurant and takeaway fried fish business, having bright fully glazed single frontage, full width lit sign fascia and side driveway to large car park. Very modern styling throughout inclusive a 5 pan range with matching counter, plus well fitted and equipped kitchen and preparation facilities. There is ample storage space in large stock room and an array of stainless steel sinks, bins, fridges etc. A easy to run well laid out concern.

EQUIPMENT:
Fully fitted and equipped to very high standard and headed by 5 pan special built frying range with matching full width st/st service and display counters. Many assorted fridge's and freezers, cash register, chipper, peeler, tables & chairs, trade utensils, shelving, sinks, work tops etc. (The above items have not been tested).

POSITION:
Situated heart of this major Northern market town close to local bus station, with many household trading names all around. Outskirts incorporating densely populated residential districts and many catchment villages. Good access to the towns of Newcastle & Sunderland, main A69 and A68 routes and A1 (M) Motorway, plus national park.

SPECIAL REMARKS:
Although in same family hands since 2004 business still affords excellent potential for more enthusiastic hands to operate longer trading hours. A business certainly worth consideration at a realistic asking price.

PRICE:
£140000 LEASEHOLD PERSONALLY INSPECTED BY SOLE SELLING AGENTS