HIGH PROFIT FISH & CHIP SHOP AND RESTAURANT

Price:

Freehold - £650,000

Turnover:

Seller Ref:

COM100102

Location:

Devon, Ilfracombe

Business Type:

Food Service Businesses

See Other:

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Description:

THE BUSINESS:

This Sale is being handled by Business Agent Tony Foster of Webbers Commercial Tel 01271 3478888 and The Fish & Chip Shop and Restaurant Is now available for sale due to the retirement of our client who have been operating the business for over 25 years and is considered one of the most successful fish and chip shops in the area. There is a large 4 Bedroom much improved apartment over the shop

The business opens 7 days a week throughout the year, has a good local as well as thriving tourist trade. Operated by a husband and wife team, with staffing levels to suit the time of year. The trade turnover for the year ending 2008 was £341,203 p.a. Up-to-date accounts will be made available to those seriously interested parties who have inspected the premises.

The business will be offered comprehensively equipped and furnished as a going concern, subject to trade inventory.

Considered one of the best catering businesses in the resort, we strongly recommend early viewing to avoid disappointment. This is a highly lucrative and profitable business with a substantial 5-figure nett profit.

Location Details:

Between The Seafront and Harbour close to the Cove Car Park and ideally placed for all Beacheds and SeaFront faciliites

Trading Hours:

7 Days a week

Accommodation:

The premises comprise of two interlinked commercial properties; on the right hand side on the ground floor is a 38 seater licensed restaurant with 4-bedroom living quarters across both properties and on the left hand side on the ground floor is the fish and chip shop takeaway. Both premises are linked at first and second floors and there are two staircases, two bathrooms as well a customer cloakrooms. The upper floors have been tastefully renovated into a modern 4-bedroom family home with newly fitted kitchen, large through lounge and a large bedroom to the second floor which could easily accommodate an ensuite bathroom. The shops are pavement fronting and whilst there is no garden or yard to the rear, there are ample parklands nearby at Capstone Hill and local residents can apply for a local Authority private parking permit for the car park to the rear of The Quay at Cheyne Beach Car Park.