Page main header

Skip to main content
Close main menu
Open main menu

Property Listing Details

Restaurant/cafe for sale

Golden Rice Tandoori, 4 Priory Road, Framwellgate Moor, Durham DH1

  • Business for sale
Offers over

£30,000

(£74.07/sq. ft)

Property details

Features

  • floor area405 sq. ft
  • Fully Fitted Indian Takeaway
  • Established by Our Client in 1994 & Genuine Reason For Sale
  • Excellent Opportunity to Increase Opening Hours & Begin Trading Online
  • Excellent Location Close to Arnison Retail Park & within 2 miles of Durham City
  • A5 Hot Food Takeaway Use*
  • Ground Floor Area 37.60 sq m (405 sq ft)
  • Allocated Car Parking
  • New Lease Available at a Rent of £12,000 per annum
  • Leasehold Offers Over £30,000

Listing view statistics

Last 30 days: 27 page views

Since listed: 249 page views

Description

Location

Durham City has a catchment approaching 100,000, being situated only one mile from the A1(M) motorway with direct Inter City links to London and Edinburgh. The Castle and Cathedral have been designated a World Heritage site.

The subject property is located on Priory Road, just off Finchale Road in Framwellgate Moor which is within 2 miles to the north of Durham City centre, 4 miles south of Chester le Street and only half a mile to the south of the Arnison Retail Park and Abbeywoods Business Park where the northern relief road allows easy access to the A167.
Business

This business was established by our client in 1994 and has been placed on the market as they wish to retire.

The business is a hot food takeaway with a varied menu comprising Halal, Bangladeshi and Indian Cuisine.

The business offers a collection and delivery service and boasts a 5 and 4.5 star rating on and TripAdvisor respectively (as of October 2017).

This is a fantastic opportunity for an operator to increase trading hours, begin trading online and benefit from the excellent location.
Premises

Internally the premises comprise a fully fitted Indian Takeaway of 37.60 sq m (405 sq ft) including customer seating / waiting area together with kitchen, storage and staff WC facilities to the rear.

Externally the property benefits from private car parking bays to the rear and on street car parking to the front.
Tenure

The property is available by way of a new efri lease for a term of 5 or more years at an annual rent of £12,000.
Asking price

Our client is seeking premium offers in excess of £30,000 for the benefit of all goodwill, fixtures & fittings, stocks and chattels, plant & machinery. A full inventory can be made available prior to completion.
Rating assessment

We understand that the premises have a rateable value of £4,400 effective from 1st April 2017.

It is recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.

Use*
We have been verbally informed that the property benefits from A5 Hot Food Takeaway consent.
Current trading hours

Tuesday to Sunday - 5pm to 11pm
Financial information

Turnover is confidential. Further financial details are available to seriously interested parties after viewing.
Energy performance

Awaiting EPC rating.
Legal costs

Each party to be responsible for their own costs incurred in this transaction.
VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
Viewing

For general enquiries and viewing arrangements please contact sole agents Graham S Hall Chartered Surveyors.

Map & Nearby

Local Amenities

  • Durham 1.1 miles
  • Chester-le-Street 4.1 miles
  • Framwellgate Moor Primary School 0.1 miles
  • Framwellgate School Durham 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Durham 1.1 miles
  • Chester-le-Street 4.1 miles
  • Framwellgate Moor Primary School 0.1 miles
  • Framwellgate School Durham 0.2 miles
Switch to next tab

Want an expert valuation of your home?

Book an agent valuation
Property descriptions and related information displayed on this page are marketing materials provided by Graham S Hall Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors for full details and further information.