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Freehold Fish & Chip Takeaway & Restaurant in Newquay For Sale

Newquay, Cornwall, UK
Asking Price:
£599,999 Furniture / Fixtures included
Turnover:
£700,000
Net Profit:
Undisclosed

Freehold Fish & Chip Takeaway & Restaurant is located in Newquay. Leasehold options are available. Prominent location with stunning views of the Atlantic Ocean. Profitable business.

Veritas Business Sales is delighted to offer for sale this outstanding freehold fish & chip takeaway & restaurant, which is located in Newquay town centre. The business was established back in 1980 and has been under the careful ownership of our clients since September 2018. The business is reluctantly being offered for sale due to an unforeseen change in circumstances. Since ownership, they have completely refurbished, redecorated, and invested in all brand new equipment, along with fixtures and fittings, which are all bought and paid for and included within the sale price, which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is operated by a team of 2 full-time and 7 part-time staff members, and from February 2023 until the present day, it has a turnover of £631,000 plus £64,200 on deliveries (Deliveroo & Uber-Eats). The Cod End is renowned in Cornwall for serving high-quality fish & chips where they only use the finest produce and can be enjoyed in the recently renovated 72-seater restaurant with a stunning Atlantic Ocean simply taken away.

The business enjoys a strong reputation within the local community and beyond and, as such, has a high level of regular and repeat local trade, along with high levels of visiting tourists during the summer months. This is a rare opportunity to purchase a very well-established business with an impeccable reputation, and all the hard work has been done, which is a great base to build upon. Early viewing is highly recommended as this gem is not to be missed.

Property Information

Property:

Leasehold

Location:

This outstanding and well respected Fish & Chip Takeaway & Restaurant is located on Cliff Road in Newquay town centre. It stands within a prominent and highly visible trading position next door to Aldi supermarket and opposite, Newquay train station and Asda supermarket which bring high levels of footfall to the area. Newquay is one of the nation's favourite seaside towns, perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. The town manages to be both trendy and yet remains a great family resort all wrapped up in the most fantastic coastal scenery.

Premises Details:

Ground Floor
Fish & Chip Restaurant/Takeaway
Takeaway (9.2m x 5.0m) comprising: 4 wall mounted TV monitors (menu boards), 2 EPOS tills,, 3 door under counter drinks fridge (Polar), 8 under counter glass door fridges (Blizzard), commercial microwave (Sharp), 2 four pot bain-marie (Lincat), full length stainless steel counter with wash basin, single fryer, panini toaster (Buffalo), espresso coffee machine (Carmiali), milk machine (Carmiali), 4 pan frying range with built in filtration (Henry Nuttall), combi boiler, extraction canopy, various shelving, independent filtration unit and upright 2 door drinks fridge (Polar).
Restaurant (10.0m x 8.6m) comprising: 18 tables with seating and for (72), wall mounted TV screen (Techwood) and 2 children’s high chairs.
Prep Room (2.1m x 10.7m) comprising: upright stainless steel double freezer (Polar), upright double glass door freezer (Polar), microwave (Sharp), 4 ring hob (Lincat), various shelves, prep table, eco dishwasher (Winter Halter), chipper (Hopkins), potato rumbler (Williams), sink with drainer and directional hose, white fish fridge (polar), large upright fridge (Polar), food mixer (Bold) and 3 large chip bins.
Disabled W/C with wash basin and hand rails.
Walk-in cold room (12ft x 12ft).

External
Frontage with tables with seating for (30). Rear yard with insulated potato store and storage shed.

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Saturday – 12.00pm – 9.00pm
Sunday – 12.00pm – 8.00pm

Years established:
41 years

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Inventory / Stock value:
£5,000