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COMMERCIAL

Market Place, Hexham, Hexham,

Offers in Region of
£215,000
A & G Land & Property Agents, Newcastle Upon Tyne
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Highly Successful Business
  • Prime Town-Centre Location
  • Excellent Turnover & Profit
  • Retirement Sale
  • Premises in Good Order
  • Handover Period Provided
  • Equipment & Stock Included
  • Negotiable Lease Available

Description

RETIREMENT SALE - A long established and highly successful Fish & Chip Shop Business for sale in a prime central Hexham location. The business maintains very healthy turnover and profit margins and should appeal to a variety of potential buyers who wish to run either an owner run business or managed operation. The sale includes all fixtures and fittings and current stock. The owners can also provide assistance during a handover period.



Details
This highly regarded and long-standing business has been successfully run by the current owners since 1982, having been bought from the founding owners who established in 1939. The business shows extremely stable profit and loss figures and an extremely healthy profit margin. There is no advertising outlay due to the high level of loyal and regular customers derived from the local residents and businesses, as well as the high volume of footfall and passing traffic due to the close proximity to popular tourist attractions, regular markets and high street shopping.

Due to the confidentiality of the sale and before any further information is provided, a non-disclosure agreement would need to be signed.


Location
Busy prime trading location within historic central Hexham, Northumberland. Overlooking the 'Shambles', Hexham Abbey and Old Gaol it enjoys excellent footfall from both locals and tourists. Regular market and event days also ensure this is regularly busy with pedestrian traffic


Stock & Equipment Included
Approximately 2000 worth of food stock. The range of equipment includes a 3-pan Preston & Thomas fryer, Large peeler, Chipper, Cooler, Filter machine, Dishwasher, Hob, Hot water dispenser, Fridge freezer, Two Freezers, Counter & Till, Service lift and Emergency fire shutter. Menu board and Cafe Tables & Chairs.



Expansion Potential
There is no advertising outlay due to the length of establishment, high level of loyal and regular customers derived from the local residents and businesses, as well as the high volume of footfall and passing traffic due to the close proximity to popular tourist attractions, regular markets and high street shopping.

Current Trading Hours
Mon - Sat 11:00 AM - 8:00 PM


Support & Training
The owners are happy to assist with a handover period.


Premises Details
Shop premises are in good condition throughout, occupying a busy highly desirable town centre location with excellent foot fall.
Rateable Value - 9,200 per annum (Small business rate relief is currently applicable)
Services Mains gas, Mains water & drainage, Mains electric.


Years Established
The business was first established by the first owners in 1939. The current owners took over the business in 1982.


Reason For Sale
Retirement.

Main Building
The main building may be available by separate negotiation and consists of the main shop which includes the main retail area and a basement level. In addition there are three studio flats overhead which are all currently tenanted.

Disclaimer
These Particulars are intended only to give a fair description of the business and property and do not form the basis of a contract or any part thereof. These descriptions and all the detailed information are believed to be correct, but its accuracy is in no way guaranteed and have been supplied by the vendor and accepted by A&G in good faith.

Brochures

Brochure

Market Place, Hexham, Hexham,

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hexham Station0.3 miles
  • Corbridge Station3.3 miles

About A & G Land & Property Agents, Newcastle Upon Tyne

Anderson House, Crispin Court, Newcastle Upon Tyne, NE5 1BF
Industry affiliations:Industry affiliation logo 0

A&G are professional land and property agents, expert valuers and auctioneers. We provide free valuations and our full experience, support and guidance throughout the sales process. We are the sister company of Anderson & Garland Auctioneers, who were established in 1840. We cover the whole of the North East and Cumbria and specialise in both residential and commercial markets. Our 20,000 sq/ft purpose-built premises, located just off the A1 in Newcastle, offers ample free parking and provides state-of-the-art buying and selling facilities for our valued clients.

A&G are professional land and property agents, expert valuers and auctioneers. We provide free valuations and our full experience, support and guidance throughout the sales process. We are the sister company of Anderson & Garland Auctioneers, who were established in 1840. We cover the whole of the North East and Cumbria and specialise in both residential and commercial markets. Our 20,000 sq/ft purpose-built premises, located just off the A1 in Newcastle, offers ample free parking and provides state-of-the-art buying and selling facilities for our valued clients.

Notes

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Disclaimer - Property reference 0000031. 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 A & G Land & Property Agents, 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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