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Takeaway for sale

315A Two Ball Lonnen, Fenham, Newcastle Upon Tyne, NE4

Offers Over £69,950
31 sq. m.

Property Description

Commercial information

  • Business for sale
  • 334 sq ft (31 sq m)
  • Use class orders: A5 Hot Food Take away

Key features

  • Established Hot Food Takeway Business
  • Located on Two Ball Lonnen
  • Busy Main Road Location
  • Fully Fitted & Equipped
  • A5 Takeaway Licence

Full description

The subject business is an established hot food takeaway located on the retail parade of Two Ball Lonnen. The takeaway is fully fitted and equipped for the trade to a high standard with all the mod cons of catering equipment. The takeaway currently specializes in fish and chips, pizza, kebab, providing a selection of quality meals and snacks, however it should be noted that the unit would be suitable for other cuisines having an A5 hot food take away licence.

LOCATION:
The subject property is located in an established retail and residential area at Two Ball Lonnen, Fenham, Newcastle upon Tyne. Specifically the property sits at the end of the retail parade approximately 3 miles west of Newcastle city centre.

ACCOMMODATION:
Ground floor retail premises.

Sales area: Approximately 17.4 sq m (187 sq ft)
Storage: Approximately 13.72 sq m (148 sq ft)
Total NIA: Approximately 31.12 sq m (335 sq ft)

Shared yard to rear with access to side of building.

BUSINESS:
We have been advised a turnover of 300-400 a day.

Average weekly takings are available upon request.

TENURE:
We are advised that the premises is LEASEHOLD and available by assignment of the existing lease 18 year unexpired at a rental of 10,400 per annum exclusive.

VAT:
We have been advised no VAT is payable on this transaction.

RATEABLE VALUE:
The premises have been allocated an adopted rateable value of 4,400 effective from the 1st April 2010. Source. voa.gov.uk


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