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(REF: 2284)  Traditional Fish and Chip Shop in Devon
 
Seller Reference: 2284
B4S Reference: 24641
Asking Price: £49,950
Net Profit:
Sales Revenue: £85,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Paignton, Devon, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this popular fish and chip shop, which was established in 1980 and has been in our client's careful hands since 2008. The business is only now offered to the market due to a change in our client's family circumstances. The premises are well-equipped to suit the trade with a spacious serving area with heated display units and a large store room to rear. The business benefits from an excellent reputation and a loyal customer base. The shop also benefits from much repeat trade and word of mouth recommendations, along with the high footfall of tourists. Our client currently offers a variety of freshly made hot and cold food to takeaway. The business trades 6 days a week and generates a turnover in the region of £85,000 with a gross profit of 70%. We feel this could be further increased by extending the opening hours and introducing a wider range of food available. The new owner could, if desired, establish a delivery service to further increase turnover. This is an ideal opportunity to acquire an already popular fish and chip shop with huge scope to develop further. Early viewings with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: Original length: 12 years
Remaining: 9 years
Review every: 4 years
Rent: £8,200 per annum
 
  Current Rent: £8,200 per annum
 
  Living Accommodation: No
 
  Details of Accommodation: Substantial ground floor lock-up fish and chip shop premises. Briefly comprising:

Ground Floor
• Spacious serving area with drinks refrigerator, counter area with 3 x heated display units, electronic cash register, 3 burner range, refrigerator, Pukka Pie heater,
• Side area with fish refrigerator, chest freezer, small fryer
• Preparation area with potato storage, rumbler, chipper and sink unit
• Storeroom with worktop with gas hob, 2 x chest freezers, freezer, shelving, washing machine and spare rumbler, chipper and potato storage units
 
  Location: Ye Olde Manor Fish Bar occupies substantial mid-parade premises ideally located in Paignton, Devon. The premises benefit from ample on street parking and are surrounded by a variety of complementary shops and businesses. The business is situated in a large residential area and boasts easy access to the local A-road network. There are regular buses running through the area and the railway station is approximately a mile away. Paignton is a popular tourist destination and lies less than 30 miles east of Plymouth. The M5 motorway is 20 miles north and Exeter is less than 23 miles.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon: 5:00pm to 9:00pm
Tues - Thurs: 12:00pm to 2:00pm and 5:00pm to 9:00pm
Fri - Sat: 12:00pm to 2:00pm and 5:00pm to 10:00pm
Sunday: Closed
  Energy Performance Certificate   





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