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Home » Popular County Durham Takeaway On The Market For £225,000

Popular County Durham Takeaway On The Market For £225,000

A popular County Durham takeaway has been put on the market for £225,000.

Gills Golden Takeaway, located on Front Street, Station Town, Wingate, has been serving locals since 1977 and is now up for sale on a secure bidding basis after the current owner made clear their desire to retire.

Estate agents, Pattinsons, describe the property as an end terraced traditional build, comprising a ground floor retail unit.

Previously, the unit was two separate spaces, but it now operates as a fish and chip/hot food takeaway, also licensed for the sale of alcohol.

Notably, the sale includes a five-bedroom family home, accessed from the side of the property.

The home features a lounge/dining area and family kitchen on the ground floor, with five bedrooms and two bathrooms on the first floor.

There is additional space on the third floor.

Pattinsons highlight that the takeaway boasts an “extensive inventory of equipment” and offers a varied menu of “premium quality” fish and chip meals, pizzas, kebabs, and burgers.

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They note the business benefits from “excellent year-round regular trade” in a residential locality and is “locally unopposed”.

It also offers online ordering, which has likely contributed to its longstanding success.

In terms of location, the property is conveniently situated within easy reach of local amenities, transport links, and schools.

It is approximately 0.3 miles from Wingate village centre and around 4.7 miles from Peterlee town centre.

The property is freehold and has an EPC rating of C.

The adopted rateable value is £2,275 as of April 1, 2023, sourced from VOA.

For further information or to arrange a viewing, interested parties are advised to contact Keith Pattinson Commercial department directly, either by phone or email.

Viewings are by appointment only.