2 bedroom takeaway for sale

Sunderland Road, Peterlee, County Durham, SR8

Fixed Price £500,000

Property Description

Commercial information

  • Business for sale

Key features

  • Fabulous traditional fish and chip takeaway
  • WT £6,500 (audited GP £197,727 y/e 31.07.15), genuine growth potential
  • Busy main road, densely populated residential area, same family since 1974
  • Immaculately fitted, superbly equipped, delightful s/c 2 double bed accommodation

Full description

DESCRIPTION
This is an extremely rare opportunity to acquire a first class traditional fish and chip takeaway, which occupies a prime trading position in the popular village of Horden, situated on the North Sea coast to the East of Peterlee and approximately 12 miles South of Sunderland.

Yoden Fisheries is ideally located on a busy main commuter road at the heart of a densely populated residential area, with limited competition and an abundance of customer parking to the front of the business. As you would expect, the area is a hive of activity attracting high levels of regular local and passing trade throughout the day.

Having been within the present family ownership since 1974, this highly renowned business has established a truly enviable reputation for offering the finest fresh cuisine, served from immaculately clean premises with a warm, friendly service. The business therefore boasts an extensive and loyal customer base.

Yoden Fisheries operates from a highly visible and imposing double fronted premises, which has been significantly extended offering an excellent blend of ground floor business and self contained first floor living accommodation.

The business is fitted to an exceptionally high standard with a comprehensive range of superb quality catering equipment, which has been well maintained and serviced twice yearly.

Yoden Fisheries is a thriving business demonstrating impressive audited profits, yet offers genuine scope for future growth and improvement. With this in mind, the business represents an ideal investment for an ambitious family unit who can extend the opening times and expand the menu with the opportunity to also introduce a local delivery service.

These enhancements will naturally increase the already excellent weekly sales, whilst ultimately enhancing the overall profitability.

This is an exciting opportunity to acquire a first class business with a valuable freehold property and a viewing is therefore highly recommended to avoid disappointment.


WEEKLY SALES
Currently shop sales average £6,500 approximately.

ACCOUNTS
Available accounts are to year end 31st July and are summarised below:
2015 - Sales £313,846 GP £197,727

TRADING HOURS
Monday - Wednesday 11:00 - 13:30, 16:00 - 20:30
Thursday - Friday 11:00 - 20:30
Saturday 11:00 - 13:30

STAFF
The business is managed by the owners with 9 part time members of staff.

PROPERTY
The imposing and highly visible double fronted premises has been significantly extended, offering an excellent blend of ground floor business and self contained first floor living accommodation.

TRADING AREAS
The spacious tiled sales area is bright and airy creating a welcoming environment. The business is fitted to an exceptionally high standard with a gas counter range, which has been well maintained and is serviced twice yearly.

To the rear, there is a fully fitted air conditioned commercial preparation kitchen, with a range of modern, valuable catering equipment, a walk in cold room and an equipped potato room. There is ample storage areas and staff toilet facilities. The business has been awarded a 5 star food hygiene rating.

RESIDENTIAL ACCOMMODATION
The self contained living accommodation has been extensively modernised and is accessed via a separate front and rear entrance.

The immaculately appointed accommodation has tasteful, attractive décor and briefly comprises: A good size first floor living room with a feature fireplace, a quality fitted kitchen with a good range of modern wall and base units, a gas cooker, an extractor unit and an electric hob.

There are two generous double bedrooms and a modern fully tiled bathroom. Externally there is a private gated driveway to the rear providing secure off road parking.

TENURE
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is an excellent opportunity to purchase a thriving business with delightful accommodation, which is located in a popular residential area. To avoid disappointment, a viewing is highly recommended.

SHARE SALE
The business is owned by a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company.

More information from this agent

Nearest station

  • Seaham (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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 station

  • Seaham (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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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