Business for Sale in Perranporth, Cornwall - FISH & CHIP/FAST FOOD TAKEAWAY/RESTAURANT, PERRANPORTH - Leasehold: £249,995

Key Information

Ref
CF032583M
Type
Catering Businesses: Fish & Chip Shops
Location
England: Cornwall
Tenure
Leasehold
Status
Sold
Annual Sales
£432,248 Ex Vat
Accomodation
3 Bedrooms
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Rare £8,000+ PW FISH & CHIP/FAST FOOD TAKEAWAY/RESTAURANT opportunity, producing 6 figure adjusted net profit, situated on the NORTH CORNWALL coast, occupying one of the best trading positions within sought after PERRANPORTH town centre, stone's throw from spectacular 3 mile long beach. Substantial detached property fronting main shopping/tourist thoroughfare, the subject of ongoing investment over the years, provides takeaway area complete with 4 pan range, 80 cover dining area, comprehensively equipped commercial kitchen, wash-up area, potato preparation area and cloakrooms. Benefits from spacious self-contained 3 bedroom accommodation, suit owner occupation or can be let to provide additional income, useful outside space offering storage complete with walk in fridge & freezer, additional dry store and utility. A renowned business, under current ownership in excess of 25 years, enjoys local and tourist trade, serves popular easy menu, impressive trading performance, Sales 2016 £432,248 ex Vat, Gross Profit £291,306, benefits from very low rent, currently only £5 PER ANNUM, produces adjusted Net Profits to owner operators in excess of £130,000 per annum. Trade split approx. 50:50 between takeaway and eat in trade, benefits from alcohol licence, seasonal trading hours, closes 8.00pm latest, currently predominantly staff run, still offers scope to build on current levels of successful trade, rare opportunity. Leasehold £249,995 sav Ref: CF/TR032583M

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