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Highly-Rated Leasehold Fish & Chip Takeaway in Truro, Cornwall for Sale

Truro, Cornwall
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Leasehold Fish & Chip Takeaway Located In Truro Photo 1
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  • Leasehold: £359,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Truro

Leasehold Fish & Chip Takeaway Located In Truro
Tripadvisor 5 Star Rating
Turnkey Business
Very Low Rent
Ref 3085

Asking Price £359,950 plus SAV (1,000)

Location
This extremely busy Fish & Chip Takeaway is located in a very busy residential area close to the centre of Truro. This vibrant City is the hub of the county and is home to a string of Blue Chip retailers which enjoys many visiting tourists. Truro is an ever expanding town with further expansion plans in both the east and west of the city. A new housing development is about to be completed close to the business which will no doubt bring more customers.

Business Description
Veritas Business Sales are delighted to offer for sale this respected leasehold Fish & Chip Takeaway which is located in the Cornish City of Truro. The business has been established for over 30 years and has been in the careful hands of our client for the past 6 years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have completely refurbished the premises and have installed brand new equipment including a made to measure 4 pan (Blackburn) range. All the equipment along with fixtures & fittings are 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. Charlies Fish & Chip Takeaway is owner operated and requires the help of 1 full time and 8 part time members of staff and for the year ending 31st August 2024 posted a turnover of £392,092 net of vat. They serve a fine selection of traditional fish & chips, pies, burgers, southern fried chicken goujons, squid rings, battered sausage, condiments and cold drinks.
We believe that there is further potential to increase trade by extending the current opening times, by opening on Sundays & Mondays and by joining the online delivery portals such as Just Eat. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established turnkey takeaway which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Tuesday – 16:00 – 20:00
Wednesday – Saturday – 11:30 – 13:45 – 16:00 – 20:00
Sunday & Monday – closed

Leasehold
Original term: 20 years
Remaining: 8 years
Rent: £4,100 pa
Reviewed: 5 yearly
Business rates: zero

Ground Floor
Takeaway & frying area (7.1m x 4.1m) comprising: sales counter, wall mounted menu light boxes, electronic till, upright drinks fridge, various shelves, 4 pan frying range (Blackburn 6 years old fully serviced), upright fish fridge, wash basin, 6 pot bain-marie with serving spoons and wall mounted 30”TV screen.
Prep room (4.8m x 3.9m) comprising: 2 microwaves (Panasonic), twin hot plate on stand (Lincat), sink with drainer, hot water dispenser (Lincat), prep table (Parry), various shelves, 2 x chest freezers (Vest-Frost), stainless prep table, upright fridge (Blizzard), upright freezer (Blizzard), various chip baskets and CCTV monitor. Chipping room (2.3m x 3.2m) comprising: wash basin, potato peeler (Bold), potato bath, potato chipper (Bold), stainless steel prep table, stainless steel shelves, 4 large yellow chip buckets, stainless steel scoop and fat filtration machine.
Staff toilet (1.0m x 2.1m) with W/C and wash basin.
Laundry room (2.0m x 1.9m) with washing machine (Bosch), sink with drainer, boiler (Vokera), various shelving.

External
Large under cover waiting area with intercom. Storeroom 1 (2.7m x 5.3m) with 3 x chest freezers (Vest Frost), settee, 2 electric heaters and spare potato chipper. Storeroom 2 (2.7m x 5.3m) with various shelving and pallets for potato storage.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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