Tintagel, PL34

Leasehold Fish & Chip Restaurant/Takeaway Located In Tintagel

Great Location

5 * Food Hygiene Rating

Ref 2345

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.

Leasehold Asking Price: £119,950 plus SAV (2,000)

Turnover: £160,000 net of VAT pa

Leasehold

Original term: 5 years

Remaining: 4 years

Reviewed: 3 yearly

Rent: £14,195 pa

Rates: zero

Business Description

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.

Opening Hours

Monday - Saturday - 12.30pm - 8.30pm

Sunday - closed

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.