High-turnover fish and chip takeaway and licensed restaurant located in the heart of a popular riverside town in Devon. Occupying a prominent trading position, the business benefits from strong year-round trade, a thriving tourist market during the summer months, and multiple income streams, making it an attractive acquisition for both owner-operators and investors.
The business offers approximately 60 restaurant covers alongside a separate takeaway entrance, allowing both operations to trade efficiently and maximise customer flow. Turnover exceeds £650,000 per annum, with average weekly takings of around £12,500 and peak summer weeks regularly surpassing £25,000. The traditional menu has established a loyal customer following, while the absence of delivery services provides clear opportunities for future growth.
Currently run largely under management and operating relatively short trading hours, the business presents significant potential for a hands-on owner to increase profitability through extended opening hours, delivery platforms, online ordering, menu development, and enhanced marketing initiatives.
The premises are well-equipped and maintained to a good standard, with planned internal and external redecoration scheduled ahead of the 2026 season. Equipment includes a 3-pan Frank Ford island frying range, Bold chipper and peeler, walk-in freezer, commercial dishwasher, and a fitted barista coffee station within the restaurant area.
Adding further value, two self-contained flats above the premises generate rental income of more than £20,000 per annum, creating an additional revenue stream alongside the trading business.
This is an exceptional opportunity to acquire a long-established and profitable fish and chip restaurant in a sought-after Devon tourist destination with proven turnover, rental income, and substantial expansion potential.
