Modern Fish & Chip Shop in Devon For Sale

The business occupies a corner position, situated just off the main road, close to schools, hospital, densely populated residential and commercial area including car showrooms, sought after DEVON

Turnover £ 5,000
Price £60,000

Features

Modern Fish and Chips Shop

6 DAYS OPENING
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 400 ft² with tiled floor, suspended ceiling with fluorescent lighting, 4-pan counter range, chip dump, EPOS till, Coca-Cola fridge. Tables and chairs providing seating for 6 People, CCTV system (2 cameras)

Preparation room, potato chipper and peeler, Fish fridge, stainless steel fridge, 2 deep freeze.

Staff Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 - £4,500 p.w. with a Gross profit of 65% approx. (£2,000 via the portals)

Staff

The business is at present operated by the lady vendor with the assistance of 3 part time staff.

Trading Hours

6 Day week
MONDAY - THURSDAY 4.30pm - 9pm
FRIDAY & SATURDAY 12pm - 2pm then 4.30pm - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Parking space for 1 car. Plus garage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private Limited company landlord) granted for 7 years in 2020 with reviews every 3 years (next review 2026) at a current rent of £16,666 p.a. + VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote