Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Freehold Fish & Chip Takeaway/Restaurant In Newquay For Sale

Newquay, Cornwall, UK
Asking Price:
£850,000 Furniture / Fixtures included
Turnover:
£438,913
Net Profit:
£166,898

Freehold Fish & Chip Takeaway & Restaurant located in Newquay. Prominent location with stunning views of The Atlantic Ocean. Profitable business. 999 year lease will be granted with a peppercorn rent.

Veritas Business Sales are delighted to offer for sale this outstanding Virtual Freehold Fish & Chip Takeaway & Restaurant which is located in Newquay town centre. The business was established back in 1980 and has been in 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. Both businesses are owner operated and employ the help of 1 full time and 7 part time members of staff and for year ending 31st May 2021 posted a turnover of £438,913 net of vat with a GP of £286,146 (65%) producing a net profit of £166,898. 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 stunning Atlantic ocean views or 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 trade local trade along with high levels of visiting tourists during summer months. This is a rare opportunity to purchase very well established business with an impeccable reputation and all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Property Information

Property:

Freehold

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

Other Information

Inventory / Stock value:
£5,000

Contact Veritas Business Sales

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Veritas Business Sales. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here