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COMMERCIAL

Restaurant for sale

Guy's Chinese Takeaway Unit 2, 196 Green Lane, South Shields

£30,000
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Restaurant

SIZE

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Key features

  • Established traditional Chinese takeaway
  • Turnover circa £2000 per week on limited hours
  • Ground floor premises extending to 62.83 sq. m (676 sq. ft.)
  • Five-star food hygiene rating
  • Genuine retirement sale with growth potential
  • Excellent footfall & passing trade
  • Zero business rates (subject to eligibility)
  • 10 years remaining of a 15-year lease
  • Rent £12000 per annum

Description

Established traditional Chinese takeaway. Turnover circa £2,000 per week on limited hours. Ground floor premises extending to 62.83 sq. m 676 sq. ft. Five-star food hygiene rating. Genuine retirement sale with growth potential. Excellent footfall & passing trade. Zero business rates (subject to eligibility). 10 years remaining of a 15-year lease. Rent £12,000 per annum.

Price £30,000 Leasehold
Ref I370

Location
The business is located on Green Lane, South Shields on a well-established neighbourhood parade, Green Lane is a busy local thoroughfare serving a densely populated residential area. The location benefits from consistent passing trade, strong local patronage, and convenient roadside access. Nearby occupiers include a mix of independent retailers, food outlets, and essential local services, helping to generate regular footfall throughout the day and evening. South Shields town centre is easily accessible, and the area is well served by public transport links, with bus routes operating along Green Lane and surrounding roads. On-street parking is available outside, making the takeaway convenient for both collection customers and delivery operations.

Business Description
GUY’S Chinese Takeaway is a well-established and highly regarded takeaway business, trading from Green Lane, South Shields for circa 20 years. The business has built a long-standing, loyal customer base with a strong reputation for quality and consistency. The takeaway operates on a traditional Chinese menu, serving customers via counter sales and its own telephone delivery service. There is no third-party delivery, ensuring full control over quality and service.

The business trades from a ground floor unit extending to 62.83 sq. m (676.27 sq. ft.), comprising a customer service area, kitchen, store, and W/C. The premises are very well presented and fully equipped for continued operation. GUY’S Chinese Takeaway is offered as a genuine retirement sale, providing an excellent opportunity for an owner-operator to acquire a profitable, established business. The business holds a 5-star Food Hygiene Rating (last inspection: 25 April 2024), reflecting its commitment to high standards.

Floor Area 
62.8 sq. m. (676 sq. ft.) 

Staff
The business is operated by a husband-and-wife team, supported by one chef and one counter assistant on Fridays and Saturdays only, together with a designated delivery driver.

Tenure
Leasehold – We have verbally been informed there is a 15-year lease in place with 10 years remaining.

Price
£30,000 plus stock at valuation

Rent
£12,000 per annum

Building Insurance
Our client currently pays approximately £600 per annum, subject to minor annual variation.

Trading Information
We have been verbally advised that the business generates an approximate weekly turnover of £2,000, achieved over limited trading hours and with the business closed on Mondays and Tuesdays. The takeaway currently operates without the use of third-party delivery platforms, presenting significant potential to increase trade through extended opening hours and additional delivery channels.

Viewing
Strictly by appointment through this office.

Rateable Value
The 2026 Rating List entry is Rateable Value £3,650
As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.

Opening Hours
Wednesday to Sunday 5:45pm – 9:45pm
Monday & Tuesday      Closed

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

Guy's Chinese Takeaway Unit 2, 196 Green Lane, South Shields

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tyne Dock Metro Station0.4 miles
  • Simonside Metro Station0.5 miles
  • Bede Metro Station1.0 miles
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About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 15 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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Disclaimer - Property reference 12802918. 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 Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. 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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