• AN OPPORTUNITY TO ACQUIRE A WELL-ESTABLISHED FISH & CHIP TAKE-AWAY

Price:

Leasehold - £125,000

Seller Ref:

B35761

Location:

Cornwall, Hayle

Business Type:

Food Service Businesses

See Other:

Fish & chip shops for sale in Cornwall
Food service businesses for sale in Cornwall

Description:

THE BUSINESS:

• TREMENDOUS TRADING POSITION IN A POPULAR COASTAL TOWN
• NEW 15-YEAR LEASE AVAILABLE
• EARLY VIEWING STRONGLY RECOMMENDED
• 2 PARKING SPACES INCLUDED
Dan’s Plaice is being offered by way of a new 15-year Lease and comprises in brief a well presented ground floor take-away in a prominent roadside location with ancillary preparation and storage rooms with the added benefit of two parking spaces.

BUSINESS
A fish and chip shop has traded from this location for many years and since being acquired by our client has shown a significant upturn in trading levels with the year-end accounts for March 2011 showing a turnover of £214,419 and an adjusted net profit of £64,544 (after deducting the commencing rental of £15,000). The business is currently run by the owner with part-time staff and trades six evenings per week from 4.30 p.m. to 9.00 p.m. Further accounting information will be made available subsequent to a viewing appointment in the usual manner.

Location Details:

Hayle is situated on the north Cornish coast centred around its historic harbour and picturesque estuary. Hayle has long been earmarked for significant redevelopment with plans to create hundreds of new homes around the harbour front, which will further enhance this delightful town

Lease Terms:

: Leasehold - The premises are being offered by way of a new 15-year internal repairing and insuring Lease, subject to 3-yearly rent review dates at a commencing annual rental of £15,000 per annum exclusive.