Dundee - Kingsway
Investment, Restaurant/Cafe, Retail
904 Sq Ft (83.98 Sq M)
To Rent / For Sale
£250,000 , £15,000 Per Annum
- VERY PROFITABLE BUSINESS
- WELL ESTABLISHED WITH EXCELLENT LOCAL REPUTATION
- PROMINENT TRADING POSITION
- QUALITY FIXTURES & FITTINGS THROUGHOUT
The subjects comprise a single storey mid terraced ground floor retail / hot food takeaway unit of brick construction under a pitched and tiled roof. The unit provides a well presented modern hot food takeaway unit which is fitted to a very high standard to compliment the current business. Internally, the premises are arranged to provide a large serving area to the front and kitchen/food preparation area to the rear, with additional storage and WC facilities. On-street free car parking is provided to the front of the premises and rear access is via a communal yard accessed from Camperdown Road.
The subjects are located approximately 3 miles north west of Dundee city centre in the densely populated Downhill area, a short drive from the Kingsway, the main ring road through the city, which forms part of the A90 Aberdeen and Edinburgh / Glasgow trunk road. The area is popular and well established neighbourhood centre with other occupiers including Farmfoods, Coral Bookmakers, Bayne's and a Spar convenience store, as well as other local retailers and hot food takeaways.
The premises are let on full repairing and insuring terms at a rental of £15,000 expiring 28th March 2025. Consideration will be given to a sublease, assignation or possibly a new lease subject to agreeing terms with the Landlord. The business provides a well established traditional fish and chip shop which trades as "De Niro's" and is available for offers in excess of £250,000. The business has a strong trading record and excellent reputation throughout Dundee and has been successfully run by the present owner for over 12 years. The business currently offers a traditional fish and chips/supper menu to take away and a delivery service. The business is being offered for sale to include fixtures and fittings including a Scotrange 3 pan frying range, full extraction system, potato peeler and chipper machines, fridges and walk in freezer. A full inventory can be made available to interested parties. Normal business hours are 16:00-22.00, 7 days a week.
Immediately following successful conclusion of legals.
Strictly by appointment by the sole agents, Westport Property.
Rateable Value: £11,400
Qualifying occupiers may benefit from 100% rates relief under the Small Business Bonus Scheme.
Available on request.
Each party will be responsible for their own legal and professional fees.
All prices, premiums and rents are quoted exclusive of VAT which may be payable.