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Freehold:
£545,000

Fish & Chip Shop For Sale In Devon

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THIS BUSINESS IS NOW SOLD OR WITHDRAWN FROM THE MARKET
Further Details
Reference45183 / RightBiz
Status
SOLD OR WITHDRAWN FROM MARKET
Advert ID186255
LocationUndisclosed, Devon
SectorFish And Chips Shops
TenureFreehold
Freehold Price£545,000
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• Excellent Lifestyle business opportunity, centrally located within easy reach of cities and beaches
• Excellently presented throughout currently averaging £9,000 PW on restricted hours
• Fantastic growth potential , family retirement sale
• Freehold with Leasehold option

An excellent family run established business opportunity that offers a new owner the chance to purchase a thriving fish and chip shop. Located in Devon area within easy reach of towns cities and some of the best beaches around the business offers growth potential and an excellent lifestyle opportunity. Turnover 2016 declared an average £9,000 per week and growing, all on restricted hours. Stunningly presented throughout, offering fantastic potential for growth. REF 45183

This is a unique and rare opportunity to own a thriving lifestyle business with excellent growth potential that creates a high level of profitability. Family ownership for the last 43 years with the current family owner in charge for the last 26 years located in the very tranquil town in south Devon.

This is the only fish and chip shop with café in the whole of the town, The business enjoys a local trade as well as visitors to the area and is located just off the main shopping high street not far from the main river estaury, Several popular beaches are within the locality.

The traditional fish and chip shop that offers its customers a traditional range of freshly cooked fish and chips, pies, chicken and soft drinks. In addition, there is a fully seated area as part of the business with a capacity of 30 covers.

In recent times the vendor has spent a small fortune and work completed includes a new shop front and signage, A new Henry Nuttall 3 pan range installed in 2015, as well as a new boiler and rear doors were installed in recent years.

The site has been a Fish and Chip shop for over 80 years and been a profitable business for our client for the last 23 years. It is interesting to note that the ownership has been within the same family for the last 43 years being previously owned by the current vendor’s father.

Operating from a lock up property and excellently presented through to the retail areas as well as having a partial catering kitchen. The property is owned by the vendors and is included within the Freehold sale. The vendor would also consider leasehold option to suitably qualified purchasers at an asking price of OIRO 295,000 plus rent.

There is also scope in the business to push sales more with market and promotion within the local area. Previously before the vendors restricted the hours the business took more than £9,000 per week. There is also a demand by residents to offer a delivery service thus boosting popularity and income

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Summary. A fantastic location and a thriving business a unique opportunity to own such a business should not be missed. Viewing highly recommended.

ADDITIONAL INFORMATION
The vendors will withdraw the cash from the business, pay any outstanding debt before completion.
Stock is not included and estimated to be in the order of £3,000
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