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SOLD OR WITHDRAWN FROM THE MARKET
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Traditional Fish & Chip Shop In Truro For Sale

Truro, Cornwall
Leasehold Price:
£59,950
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
191741
Reference
2078 / Rightbiz

Details

Established Traditional Fish & Chip Shop In Truro For Sale
Ref 2078

Location
This delightful business is located next door to a convenience store/post office in a very busy residential area close to the centre of Truro. This vibrant City is the hub of the county and an ever expanding town with further expansion plans in both the east and west of the city. Truro is home to a string of blue chip retailers and enjoys many visiting tourists.

Business information
Asking Price: £59,950 plus SAV
Turnover: £2,000 per week
GP: 67%
Stock: £500

Leasehold
Original term: 6 years
Remaining : 5 years
Reviewed : 3 yearly
Rent: £6,100 pa
Rates: Zero

Business Description
Veritas Business sales are delighted to offer for sale this respected Fish & Chip shop concern which is located in the City of Truro. The business has been established for over 40 years and has been in the careful hands of our clients since 2016 and is being offered for sale due to their other business interests needing more of their time. Since ownership they have invested in 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 any additional funds will not have to be spent for some time. The business is very much owner operated and employs the help of 2 full time and 1 part time members of staff and has an annual turnover of £108,000. Flounders serves a fine range of traditional fish & chips and are renowned for the quality of there food. We believe that there is further potential to increase turnover by extending upon the current opening times. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and of course is reliant on the many visiting 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 superb business is not to be missed. 
Opening Hours
 
Monday – Closed
Tuesday – Thursday – 4.00pm – 8.00pm
Friday & Saturday – midday – 1.30pm & 4.00pm – 8.00pm
Sunday – Closed

Ground Floor
Retail comprising: Stainless steel serving counter with cash register, 2 pan range (Henry Nuttal), 2 door upright drinks fridge, 2 stainless fridges (Blizzard), stainless steel freezer (Blizzard), stainless steel fridge(Lodgik), hot plate (Lincat), stainless steel table, 2 x commercial microwaves (Sanyo), 1 extractor unit (Lotus), 4 pot bain- marie (Lincat), safe and a hand wash basin
Preparation room comprising: 2 stainless steel tables, potato rumbler (IMC), potato chipper (IMC), dual commercial sink, hot plate (Buffalo), batter mixer (Bold), stainless steel fish fridge
Hallway with a fat filtration system (Merlin)
W/C with hand wash basin, staff area with lockers
Store room comprising: washing machine (Zanussi), stainless steel freezer (Blizzard), 2 chest freezers, 3 stainless shelving units

External
Front parking for (4)

Seller Details
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Listing Details
Leasehold Price: £59,950
Tenure: Leasehold
Location: Truro, Cornwall
Sector: Fish And Chips Shops, Take Aways Businesses, A3 Business
Financials
Annual Turnover: £108,000
Annual Net Profit: Available upon request
Key Features
  • Prime Location
  • Established Business
  • With Car Park
  • Price Reduced
  • Attractive Business
  • Fully Fitted
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