Established Award winning Fish and Chip Shop In Truro

Established Award winning Fish & Chip Shop In Truro For Sale
Ref 1079

Location

This delightful business is located in a prominent position on Lemon Quay in Truro town centre close to the Theatre, Cathedral and shoppers carparks. It's ideally placed so that you can sit outside and enjoy all the sights and sounds of the Piazza. Truro is the Hub of the county and an ever expanding town with further expansion plans in both the east and west of the city. This small city is vibrant and enjoys many visiting tourists and boasts a string of blue chip retailers.

Business information

Asking Price: £15,950 plus SAV
Turnover: £5,000 per week (since Primark opened)
GP: 67%
Stock: £1,200

Leasehold

Original term: 25 years
Remaining : 19 years
Reviewed : 4 yearly
Rent: £40,000 pa
Rates: £18,500 pa


Business Description

Veritas Business sales are delighted to offer for sale this respected Fish & Chip shop concern located in the vibrant city centre of Truro. The business was established in 2008 and been in the careful hands of our clients since 2010 and is reluctantly being offered for sale due to health reasons. Since ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price. The business is very much owner operated and employs the help of 1 full time and 3 part time members of staff and has an annual turnover of £170,000 with a GP of 67%.The business serves traditional fish & chips to the highest standards and we believe that there is further potential to increase trade by increasing the opening times. Primark is now open opposite and footfall has significantly increased and turnover is now over £5,000 per week.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and of course is reliant on the 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 superb business is not to be missed.

Opening Hours
 
Monday - Saturday - 11.30am - 8.00pm
Sunday - Midday - 4.30pm

Ground Floor

Retail comprising: Stainless steel serving counter with sales till, 5 x pan range (Kirenko), 5 x electronic screen menu boards, 3 x door under counter drinks fridge, 2 large door fridges (Inomak), 2 x under counter freezers (Gram), stainless steel sink drainer (Sissons), stainless steel table (Sissons), under counter fridge (Gram), 2 x commercial microwaves (Sharp), 8 x stainless steel wire chip baskets,

First Floor

W/C and wash basin
Office with desk, chair, CCTV with remote viewing and (Burton) safe
Staff room with lockers
Laundry room with sink unit, hot water boiler, washing machine and tumble dryer
Store room with shelving, walk in cold room and walk in freezer

External

Rear yard with 2 storage sheds