No longer on the market
This property is no longer on the market
MapProperty
Property
Features and description
- 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
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.
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.
Property information from this agent
About this agent
A & G Land & Property Agents - Westerhope
Anderson House, Crispin Court, Newbiggin Lane
Westerhope, Newcastle upon Tyne
NE5 1BF
0191 490 6101Headed by award winning property expert Gareth Jones, A&G Land & Property Agents provides an exclusive one-to-one service for every client. Instead of focusing on volume, we are instead focused on quality of service, specialist advice and on delivering absolute success for our clients. This approach has already ensured tremendous sales results for a wide variety of properties throughout the North East, including the Tyne Valley and Newcastle. Gareth works directly on each sale, from start to completion, providing an unrivalled and truly bespoke service. This includes: All initial valuations Guidance on individual marketing Personally accompanying all prospective purchasers around the properties Negotiating each sale Liaising through the conveyance stage Smoothing out any snagging With over 20 years' experience in property, Gareth has extensive knowledge and expertise operating in both a buoyant and stagnant market. His agility, energy and insight has seen him win an impressive eight consecutive industry awards for excellence. Primarily, vendors are usually selling their largest asset. To maximise this asset value, it requires a professional expert, with experience and a proven record of success. Absolute success cannot be guaranteed by simply playing the numbers game and hanging your property 'out for sale' on one of the major website platforms. It requires a considered approach, taking account of all the subtleties, which can have a dramatic effect on the overall outcome. What A&G provide is direct expert-involvement at every stage of the sale process - and we do this to ensure each client 'absolute' success at all levels - which includes maximum achievable price, not just a sale.