Shop for sale

Fore Bondgate,Bishop Auckland,DL14

£360,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

FANTASTIC BUSINESS OPPORTUNITY - COUNTY DURHAM
Fully trading fish & chip shop & sandwich shop
Situated in the town centre Bishop Auckland
Early viewing essential to fully appreciate
Advised annual turnover of 62,400
2x private residential lets above
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
FREEHOLD


Location

The business is located in the town centre of Bishop Auckland in County Durham. Located in a high density residential area and also surrounded by complimentary businesses the shop receives a high amount of local and passing trade. Bishop Auckland enjoys a range of local amenities including shops, supermarkets, restaurants and other entertainment in the locality. Situated in close proximity to Weardale, Tynedale and the Yorkshire Dales, all offering a range of countryside walks and nature trails. Bishop Auckland is reached easily and is served well by both road and rail links, the A66, A68 and A689 provide easy access whilst the A1 provides further access to the UK's wider motorway network.


Business History

Meridian Business Sales are delighted to offer for sale this superb business opportunity which has been established for around 75 years and has been in the careful hands of our clients for the last 10 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have invested time and money in the business and premises to the point where it is in full walk in condition. Our clients inform us that annual turnover currently runs at 62,400 which is derived from the sale of traditional style fish and chip products, soft drinks and associated products. Also included in the sale is the property next door which was formally a newsagents and is now being run as a sandwich shop, both the shops have accommodation above which the vendor currently lets out. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this nature rarely stay on the market for long.


Financial Profile

Turnover: 62,400pa


Tenure

We are advised freehold


Opening Hours

Monday: 10:30am - 2:30pm
Tuesday: 10:30am - 2:30pm
Wednesday: 10:30am - 2:30pm
Thursday: 10:30am - 2:30pm > 3:45pm - 7:30pm
Friday: 10:30am - 2:30pm > 3:45pm - 7:30pm
Saturday: 10:30am - 3:00pm
Sunday: Closed


Accommodation

Two premises adjacent to each other, briefly comprising:

No 44 - Fish & Chip Shop
Glass fronted and well signed with secure entrance leading to:

GROUND FLOOR
Open plan chip shop, serving/payment counter, menu boards, hot display, deck fryer, hot plate, bain-Marie, drinks chiller, large extraction unit, fridges/freezers

Rear area:
Preparation room with tumbler and peeler, kitchen, toilet facilities, storage room

Access to cellar which is a wet room with potato drop

FIRST FLOOR
Bedsit with combined lounge/bedroom/kitchen, bathroom, rental income of 75pw

No 45 - Sandwich shop (Former newsagents)
Glass fronted property with secure entrance leading to:

GROUND FLOOR
Open plan area with sandwich shop to the rear, chilled serve-over display counter, serving/payment counter, drinks fridge, various equipment such as microwaves, fridge, bain-marie, griddle, hot plate etc.

Kitchen with preparation area

Toilet facilities

Rental income of 80pw

FIRST FLOOR
Self contained flat, bedroom, bathroom, lounge/diner, fully fitted kitchen, rental income of 90pw

EXTERNAL
Parking bay 500pa

Nearest stations

  • Bishop Auckland (0.5 mi)
  • Shildon (3.1 mi)
  • Newton Aycliffe (5.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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

  • Bishop Auckland (0.5 mi)
  • Shildon (3.1 mi)
  • Newton Aycliffe (5.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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.

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