Takeaway for sale

Maguires Fish & Chips, Hexham Road, Swalwell, Newcastle upon Tyne, Tyne and Wear, NE16 3AA

Offers in Excess of £225,000

Property Description

Commercial information

  • Business for sale

Key features

  • High turnover takeaway/restaurant
  • Highly visible roadside location
  • Restaurant with seating for 38 customers
  • Immediate access to A1(M) North and South
  • Opposite to petrol filling station & car park
  • Energy Rating C

Full description

Tenure: Leasehold

Description

Maguires restaurant is operated from the ground floor of a detached property, brick built, part two and part three storey property.

This is a long established business in a popular suburb of Gateshead, surrounded by a number of older commercial businesses. There is as an abundance of residential housing and a large free car park to the side of the property.

Location

Maguires Fish & Chips is located in Swalwell, a village in Gateshead, Tyne & Wear.

Neighbouring occupiers include a Torq branded petrol filling station directly opposite, Jashn Indian restaurant, The Wheatsheaf Public House, as well as a selection of other commercial businesses.

Gateshead town centre is located circa four miles to the east, and Newcastle city centre is located circa six miles to the north east.

Intu Metrocentre is located less than a mile away and the Team Valley Trading Estate and Retail Park is circa three miles to the south east.

Internal Details

There are separate entrance and exit doors to the front of the property, which provide access to the main service counter. Beyond the counter is an open kitchen, with a four-pan range, pizza oven and kebab rotisserie spit amongst other equipment.

To the right of the counter is a restaurant/dining room with table and chair seating for 38 customers, as well as a toilet facility.

Back of house comprises a food preparation area, rumbling station, two storage cupboards and access to the rear yard facilitating deliveries. There is also a walk-in freezer.

Fixtures & Fittings

All equipment is owned outright by the current owner, with the exception of one Coca-Cola fridge which is on hire purchase.

Tenure

Our client owns the freehold of the property. They are looking to create a new lease for 20 years, with an initial rent per annum of £24,000 and rental reviews every five years.

The Opportunity

Maguires presents an opportunity for a purchaser to take on a well established business, in an enviable location, benefiting from passing trade, as well as a strong following from local residents.

Staff

The business is operated by the current owner with a complement of full and part-time staff. Further information will be supplied to interested parties on application.

Trading Information

Trading information by way of a profit & loss statement will be provided to interested parties following a viewing.

Trading Hours

11.30am-10.30pm Monday to Saturday
4.30pm-10.00pm Sunday


More information from this agent

Nearest stations

  • MetroCentre (1.0 mi)
  • Blaydon (1.3 mi)
  • Dunston (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • MetroCentre (1.0 mi)
  • Blaydon (1.3 mi)
  • Dunston (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6410882-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , Newcastle Upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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