Well-established Fish & Chip Shop/Kebab & Pizza takeaway situated in Sunderland, Tyne & Wear.

LOCATION:
The business is situated in Hylton Road, in Sunderland, Tyne & ear. The subject premises occupy a fantastic and highly visible trading position with excellent access to major bus, rail, road and motorway links in a densely populated mixed residential and commercial.


DESCRIPTION:
There is a main counter, a 3pan fryer and serving area which is located upon entrance of the takeaway, with the secondary kitchen and preparation area to the rear


BUSINESS:
Lucrative business, which is run by the owner and 1 member of full time and 3 members of part time staff, offering the very best fish and chips as well as other multicultural dishes to the local community. This business operates 7 days of the week. The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple, individual or family that have the opportunity to extend the menu and an inclusion of a delivery service. This busy take away is an excellent opportunity.


USES:
A3


PREMIUM:
£100,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill


RENTAL:
£18,200 per annum


TENURE:
£344,950 Freehold


BUSINESS RATES:
Nil. All interested parties are encouraged to make their own enquiries with local authority


SIZE:
Shop Unit 1334 sq ft & 3-bedroom Flat 1033 sq ft


OPENING HOURS:
Sunday - Thursday 4:00 pm till 11:00 p.m & Friday & Saturday 11:30 a.m till 11:00 p.m


STAFF:
Owner managed with 1 full time staff & 3 Part Time Staff


UPPER PARTS:
This business also comes with a 3-bedroom accommodation which is accessible from the front and maintained to a good standard as part of the sale. With the three bedrooms, living area, kitchen and bathroom on the upper floor, this is an excellent property to add to any portfolio.


TURNOVER:
Turnover on the current year to reach over £286,000


ACCOUNTS:
Available on request on viewing


LEGAL COST:
To be confirmed


LOCAL AUTHORITY:
Sunderland


ENERGY PERFORMANCE CERTIIFICATE:
Shop Unit: Energy Performance Asset Rating is 83: D Rating. A copy of this property’s energy performance certificate is available on request: Flat: Energy Performance Asset Rating is 40: F Rating. A copy of this property’s energy performance certificate is available on request


REFERENCE CHARGE:
London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is nonrefundable after the references have been taken up, whether they are accepted or not by the Landlord


HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account


FIXTURE & FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition


AGENT NOTE:
London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:
Through London Properties by appointment only

Property Features

• On-road Parking
• Garden
• Furnished
• Furnishing: Furnished
• Tenure: Leasehold
• Fridge Freezer
• Microwave
• Full Double Glazing
• Washing Machine
• Oven/Hob
• Gas Central Heating
• Combi Boiler
• Class: A3 : Restaurants and cafes
• Size: 2367