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Traditional Fish And Chip Shop In Lanner For Sale

Lanner, Cornwall, UK
Freehold Price:
£299,950 Furniture / Fixtures included
Lease Asking Price:
£119,950 Furniture / Fixtures included
Sales Revenue:
£207,000
Cash Flow:
£50K - £100K

Freehold Fish & Chip Takeaway located in the village of Lanner, Cornwall. Comes with with one bedroom owners accommodation above. Leasehold option also available.

Veritas Business Sales are delighted to offer for sale this well established traditional Fish & Chip Shop concern which is located in Lanner. The business has been established for 70 years and has been in the careful hands of the current owners since 2006 and is reluctantly being offered for sale so that my clients can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment along with fixtures & 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 owner operated and requires the help of 1 full time and 4 casual members of staff and has an annual turnover of £207,000 with a GP of (65%). Lanner Fish Bar serves a fine selection of traditional fish & chips, pies, sausages, saveloys, roast & southern fried chicken, condiments and cold drinks. We believe that there is further potential to increase trade by extending upon the current opening times and opening on Sundays. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passing tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

New 15 year lease available
Rent: £14,400
Reviewed: 4 years
Business rates: £2,267 pa

Leasehold Rent:

£14,400 per annum

Living Accommodation:

Shower room with shower cubicle, W/C and wash basin
Kitchen/lounge/bedroom

Location:

This respected Fish & Chip shop business is located in the desirable Cornish village of Lanner in Mid Cornwall. Its positioned on a busy main road and benefits from lots of passing trade.

Premises Details:

Opening Hours
Monday – 4.30pm – 8.00pm
Tuesday – Saturday – 11.30pm – 1.30pm
& 4.30pm – 9.00pm
Sunday – Closed
Ground Floor
Retail area comprising: serve over sales counter with cash register (Samsung), 3 pan range (Preston & Thomas) with 2 x chip box, 2 pot wet bain-marie, tall drinks fridge, menu boards and storage cupboard.
Preparation room comprising: Southern fried chicken cooker (Kuroma), fish fridge, small freezer, 2 ring electric hob (Lincat), commercial microwave (Buffalo) hand wash basin, ceramic sink and various pots and pans.
Potato preparation room comprising: chipper (IMC PC1), peeler (Crypto), various buckets & barrels for potato soaking, 3 x chest freezers, storage shelving and washing machine (Beko).

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – 4.30pm – 8.00pm
Tuesday – Saturday – 11.30pm – 1.30pm
& 4.30pm – 9.00pm
Sunday – Closed

Employees:
1 full time & 4 casual
Years established:
70 years

Other Information

Inventory / Stock value:
£2,000
Leasehold asking price:
£119,950 - Furniture / Fixtures included

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