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Fish & Chip Shop Takeaway And Restaurant For Sale

Ilfracombe, Devon, UK
Asking Price:
£399,950 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

This well-established fish and chip shop takeaway and licensed restaurant occupies a prominent double-fronted commercial property in a busy tourist location between Ilfracombe seafront and the picturesque harbour. The business benefits from strong year-round trade from both locals and visitors, boosted significantly during the busy holiday seasons.

The business is operated by a proprietor with staffing levels adjusted seasonally and is offered fully furnished as a going concern. Full accounts will be made available to genuinely interested parties following a viewing. The upper floor accommodation is currently vacant, providing excellent home-and-income potential.

Property Information

Property:

Freehold

Living Accommodation:

Tastefully renovated four-bedroom family accommodation

Kitchen

Large through lounge

Two bathrooms

Large second-floor bedroom with scope for en-suite

Accommodation spans first and second floors across both buildings

Council Tax Band: C

Location:

The premises are located in St James’ Place, Ilfracombe, surrounded by gift shops, jewellers, cafés and restaurants, in a high-footfall tourist area linking the seafront to the harbour. Ilfracombe has a population of approximately 12,000, which increases substantially during the summer months. The presence of Damien Hirst’s Verity sculpture on the pier continues to attract visitors to the resort.

Premises Details:

Double-fronted freehold commercial property

Two interlinked buildings

Ground floor takeaway fish & chip shop

Ground floor licensed restaurant with 34 covers

Customer cloakroom

Two staircases

Two bathrooms

Pavement-fronting shops

Planning Consent:

Existing use as takeaway, licensed restaurant and residential accommodation
Property located within a conservation area

Energy Performance Rating:
D

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Potential to further develop trade through menu, trading style or extended offerings, subject to owner preference and planning consent

Trading hours:

Open 7 days a week throughout the year

Employees:
Operated by proprietor with seasonal staff