Summary - Front Street, Station Town, Wingate, Durham, TS28 5DP TS28 5DP
1 bed 1 bath Restaurant
**Standout Features:**
- End terraced traditional property with a ground floor retail unit, previously used as a fish and chip takeaway.
- Licensed to sell alcohol, enhancing the business's revenue potential.
- Spacious self-contained five-bedroom family home included.
- Established since 1977 with a strong, regular trade in a residential area.
- Large commercial kitchen equipped with modern fittings for operational efficiency.
- Potential for renovation or rebranding given the market landscape.
**Downsides:**
- Located in a small town with high crime rates and a socially deprived area, requiring cautious investment.
- Sale due to retirement may affect continuity but presents an opportunity for fresh management.
Unlock the potential of this unique investment opportunity in Wingate, Durham, where a well-established takeaway business awaits you. The property features a spacious ground floor retail unit perfectly set up for a hot food takeaway, complete with a liquor license—ideal for enhancing revenues. Accompanying this is a generous five-bedroom family home that can be accessed from the side, making it perfect for owner-occupiers or staff lodgings.
With a strong history of operation since 1977 and a loyal customer base, this business comes equipped with a fully modernized commercial kitchen. Positioned close to local amenities, this property not only meets modern demands but offers excellent future potential for renovation or expansion.
However, be mindful of the area's high crime rate and socio-economic challenges as you consider this investment. This property will be sold at auction, so seize the chance to secure a valuable commercial and residential asset that could make it your next successful venture.
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