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Lanner, TR16

Retail for sale

£330,000
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Total price
SOA
Space

Traditional Fish & Chip Shop Located In Lanner

Freehold & Leasehold Option

Owners accommodation above

5 Star Food Hygiene Rating

Ref 2033

Location

This respected Fish & Chip shop business is located in the Cornish village of Lanner, Redruth, Cornwall. Its positioned on a busy main road (A393) between Falmouth and Redruth so benefits from lots of passing trade. The port of Falmouth is just 8 miles away and the City of Truro 10 miles.

Freehold Asking Price: £330,000 plus SAV

Turnover: £207,000 pa

Stock: £2,000

GP: 65%

Leasehold: £140,000 plus SAV

New 15 year lease available

Rent: £14,400

Reviewed: 4 years

Business rates: £2,267 pa

Business Description

Veritas Business Sales are delighted to offer for sale this well established traditional Fish & Chip Shop concern which is located in Lanner. The business has been established for 70 years and has been in the careful hands of the current owners since 2006 and is reluctantly being offered for sale so that my clients 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 requires the help of 1 full time and 4 casual members of staff and has an annual turnover of £207,000 with a GP of (65%). Lanner Fish Bar serves a fine selection of traditional fish & chips, pies, sausages, saveloys, roast & southern fried chicken, condiments and cold drinks. We believe that there is further potential to increase trade by extending upon the current opening times and opening on Sundays. 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 passing 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 - 4.30pm - 8.00pm

Tuesday - Saturday - 11.30pm - 1.30pm & 4.30pm - 9.00pm

Sunday - Closed

Ground Floor

Retail area comprising: serve over sales counter with cash register (Samsung), 3 pan range (Preston & Thomas) with 2 x chip box, 2 pot wet bain-marie, tall drinks fridge, menu boards and storage cupboard.

Preparation room comprising: Southern fried chicken cooker (Kuroma), fish fridge, small freezer, 2 ring electric hob (Lincat), commercial microwave (Buffalo) hand wash basin, ceramic sink and various pots and pans.

Potato preparation room comprising: chipper (IMC PC1), peeler (Crypto), various buckets & barrels for potato soaking, 3 x chest freezers, storage shelving and washing machine (Beko).

First floor

Shower room with shower cubicle, W/C and wash basin

Kitchen/lounge/bedroom

Listed Features

  • Storage
  • Showers
  • Multiple floors
  • General Retail
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