REF 5781

Empty Unit – ( Ex-Fish & Chip Shop, no F&F’s )

Newcastle upon Tyne

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.

Internal Description

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

Before the business was closed due to a fire, we are advised by our client that the weekly sales were circa £4,500 based on the data provided, 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. are advised by our client that the weekly sales were circa £4,500 based on the data provided, 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.

Opportunity

This is an opportunity to purchase an ex takeaway lock-up shop with the option to take the full lease with no fixtures & fittings

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.

Price

£35,000

Tenure

Leasehold

Annual Rent

£9,360

Rateable Value*

£5,800

* (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

Trading Hours (before closure)
Thursday to Saturday 11:00am-10:00pm
Sunday 12:00pm-10:00pm

Lease Terms
Current lease expiration 2023
Sublease option available (under 7 years)

Measurements
33 m² (355 ft²)

Share

Search for a Business