Fish & Chip Shops for sale in Tavistock

View the "Leasehold Fish & Chip Restaurant/Takeaway Located In Tavistock" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £199,999 Annual Turnover: £350,000
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Business Description
Veritas Business Sales are delighted to offer for sale this delightful Fish & Chip Restaurant/Takeaway concern which is located in the market town of Tavistock, West Devon. The business has been established for over 40 years and has been in the careful hands of the current owners since 2011. The business is reluctantly being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in 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 4 full time members of staff and has an annual turnover of circa £350,000. The Tavi Friar benefits from having a takeaway as well as a fully licensed bar & restaurant where they serves a fine selection of freshly cooked fish & chips, pasties, pies, burgers, condiments and hot & cold drinks. The property also comes with two flats above the restaurant which produce a rental income of approximately £11,000 pa (this is not included in the turnover figure). We believe that there is further potential to increase trade should you wish by extending upon the current opening times and they have regular requests for breakfast which currently they do not accommodate. The business 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.
Trading Hours:
Lunch
Monday – Saturday – midday – 2.30pm
Evening
Monday – Saturday – 5.00pm – 9.00pm
Sunday
5.00pm – 8.00pm

Tenure: Leasehold

Number of bedrooms: 4

Accommodation Details:
Second floor Accommodation Flat 1 2 double bedrooms, kitchen, lounge and dining room (Open plan) and bathroom. Flat 2 2 double bedrooms, kitchen, lounge and dining room (Open plan) and bathroom.

Location Details:
This outstanding and well respected Fish & Chip Takeaway/Restaurant business is located on the main street in the market town of Tavistock. The town sits on the river Tavy from which its name derives and is a very popular tourist destination for all ages. The population of Tavistock is around 13,000 but this increases considerably during the summer months. The A30 Exeter to Penzance road is 12 miles away and the city of Plymouth 15 miles. The new railway station in Tavistock opens soon providing commuter links to Plymouth and there are also 160 new homes currently being built.

Leasehold Term:
Original term: 20 years Remaining: 10 years Rent: £43,200 pa Rates: £9,000

Website:

Listed by: Veritas Business Sales Ltd

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2223
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