REF 5796

Chicken, Pizza & Wraps Restaurant & Takeaway Business

Newcastle upon Tyne

The Location

Situated on the high street of Chillingham Road, Newcastle upon Tyne. A town in the metropolitan borough of North Tyneside in the county of Tyne and Wear, North East England

The Business

This is a very well established chicken, pizza & wraps restaurant & takeaway business which benefits strongly from established customer base with local and passing trade. Described as a no-nonsense chain with piri-piri chicken burgers, wraps and salads for delivery, eat-in or takeaway.

Established for over 10 years with a recent makeover the takeaway business operates with a dedicated well presented website with further sales driven from Just Eat and Uber Eats. Net Profit projected in excess of £75,000.

Owner is selling due to a change in personal circumstances, this is a reluctant sale and has been priced accordingly. This is an excellent opportunity for a new owner to take over and begin to develop the business.

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

£99,000

Tenure

Leasehold

Gross Annual Income

£400,000

Annual Rent

£19,000

Rateable Value*

£12,750

* (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
Monday-Sunday 4:30pm-11:30pm

Staff Employed
4 drivers and 4 Kitchen/service staff

Lease Terms
New 10 year lease expiration 2031

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