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Renowned Fish And Chip Restaurant With Accommodation For Sale

Falmouth, Cornwall, UK
Asking Price:
Undisclosed Furniture / Fixtures included
Turnover:
£300,000
Net Profit:
Undisclosed

Highly successful fish and chip restaurant and takeaway with strong turnover and substantial owner’s accommodation in Falmouth.

Penmere Fish Bar is a long-established and well-known business, operating for over 40 years with a loyal customer base and consistent year-round trade. The business generates annual turnover of approximately £300,000 and benefits from both dine-in and takeaway revenue streams, with around 30 covers in the restaurant area.

The property is located in a densely populated residential area at the top of Penmere Hill, offering excellent accessibility, strong local demand, and proximity to Penmere train station. Its position slightly away from the busy town centre allows for convenient customer access, including off-road parking.

The ground floor commercial space is fully equipped and includes a serving area with fryers and takeaway hatch, prep kitchen, prep areas, storage, restaurant seating, and customer WC. All fixtures and equipment are owned outright and included in the sale, providing a turnkey opportunity for incoming operators.

Above the business is a substantial self-contained maisonette extending to over 2,100 sq ft, comprising 3/4 bedrooms, 2 bathrooms, a kitchen/dining room, and a spacious living area. This provides excellent owner accommodation or the potential to generate additional rental income.

With scope to increase revenue through extended opening hours or menu expansion, this is an ideal opportunity for owner-operators or investors seeking a profitable hospitality business with property included.

Enquire now to learn more about this established and profitable Falmouth business.

Property Information

Property:

Freehold

Living Accommodation:

Large self-contained maisonette (3/4 bedrooms, 2 bathrooms) included

Premises Details:

End-of-terrace property arranged over three floors, comprising fully fitted restaurant and takeaway on the ground floor with garage and storage, and large self-contained maisonette above.

Size in square feet:
2,800 sq ft
Planning Consent:

Use Class E

Business Operation

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

Significant opportunity to increase turnover through longer opening hours, delivery services, or menu diversification.

Competition / Market:

Strong local reputation with loyal customer base and limited direct competition in immediate residential area.

Reasons for selling:

Retirement

Trading hours:

Currently limited (scope to extend)

Employees:
Owner-operated (no staff transfers)
Years established:
40 years

Other Information

Support & training:

Handover support available

Home based:
This business can be run from home