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Fish And Chip Restaurant With Takeaway In Tintagel For Sale

Tintagel, Cornwall
Asking Price:
£119,950 Furniture / Fixtures included
Sales Revenue:
£160,000
Cash Flow:
Available on request

Leasehold Fish & Chip Restaurant/Takeaway located in Tintagel. Prime location opposite the coach car parks. Established business that comes fully fitted.

Veritas Business Sales are delighted to offer for sale this respected Fish & Chip Takeaway which is located in Tintagel. The business was established by my client nearly 7 years ago and is now being offered for sale so that he can concentrate on other business ventures. Since ownership they have totally refurbished and completely re-fitted the business with brand new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and employs the help of 1 full time and 3 part time members of staff and has an annual turnover of £160,000 net of vat with a GP of (68%). The Big Fish serves a fine range of traditional fish & chips, pies, pizzas, sides, daily specials, condiments and hot & cold drinks. We believe that there is further potential to increase trade by extending upon the current opening times, implementing a vigorous advertising & marketing campaign and by building relationships with the coach companies who bring high levels of visitors during summer months to the coach park directly across the road. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Property information

Property:

Leasehold

Lease Terms:

Original term: 5 years
Remaining: 4 years
Reviewed: 3 yearly
Rent: £14,195 pa
Rates: zero

Leasehold Rent:

£14,195 per annum

Location:

This delightful Fish & Chip Takeaway is located in the Cornish village of Tintagel. The business stands within a prominent and highly visible trading position directly opposite the coach park. Tintagel is set high on the rugged North Cornwall coast which is a designated area of outstanding natural beauty. A spectacular place, steeped in myths, mystery, dramatic sea views and beautiful coastal path walks. The village and nearby Tintagel Castle are associated with the legends surrounding King Arthur and The Knights of The Round Table.

Premises Details:

Ground Floor
Takeaway/Restaurant (7.0m x 3.5m) comprising: tables with chairs to cover (8), wall mounted TV, chest freezer (Ice King), menu boards, upright drinks fridge and music system.
Kitchen (4.0m x 7.0m) comprising: 3 pan range (Hewingo), stainless steel counter, electronic cash register, 4 pot bain-marie, chest freezer (Whirlpool), coffee machine (Jura), upright fridge (beko), 2 microwaves, kettle, blender, large upright fish fridge (Foster), upright white freezer (Indesit), stainless steel table, sink with drainer & directional hose, washing machine (Bush), wash basin, extraction canopy, dishwasher, extractor hood (Belling), hot plate (ACC), toaster, microwave, double pizza oven and air con unit (Alaska).

Storeroom (1.5m x 2.0m) with various shelving and kitchen cupboard.
Chipping room (1.5m x 3.0m) comprising: sink with drainer, chipper (Crypto), rumbler (Hobart), chest freezer (Nor Frost), under counter fridge (Indesit), 2 chip buckets and various shelves.
W/C with wash basin.

Business Operation

Trading hours:

Monday – Saturday – 12.30pm – 8.30pm
Sunday – closed

Employees:
1 full time & 2 part time
Years established:
7 years

Other Information

Inventory / Stock value:
£2,000

Contact Information

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    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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