FOR SALE
642127
Prime North Cornwall Coastal Portfolio | 2 Fish & Chip Shops 5 Residential Units over £800 turnover | Massive Rent Offset | Exceptional Lifestyle Opportunity
Overview:
An incredible opportunity to acquire a long-established, highly profitable fish and chip portfolio in the heart of North Cornwall. This sale includes two distinct, high-turnover sites—one in the world-famous tourist hub of Bude and the other in the thriving community of Delabole.
With 30 years of successful trading history, these businesses have been meticulously maintained, featuring over £450k in recent high-spec refits. This is a turnkey operation with a substantial "passive" income stream built-in via five residential units, providing a unique safety net for any investor.
Key Financials
• Asking Price (Leasehold): £395,950 SAV
• Annual Combined Turnover: on request.
• Total Annual Rent: £100,000
• Guaranteed Rental Income to Offset rent.
• Lease Term: New 20/25Year Lease (FRI)
The Locations
1. The Bude Flagship (Prime Coastal)
Located in a "triple-A" prime position in one of Cornwall’s most famous seaside towns. Bude is a tourist magnet with award-winning beaches and a bustling town center. This shop benefits from massive footfall and a 30-year reputation.
• Residential: Includes one 2-bedroom flat and a studio.
2. The Delabole Site (Community & Moors)
A high-turnover village shop with exceptional year-round trade and a massive seasonal boost. Located near the rugged beauty of the Moors and famous coastal walks, it serves a loyal local community.
• Residential Portfolio:
• Large 2-bedroom Cottage
• Spacious 2-bedroom Flat
• Self-contained Studio
Investment Highlights
• Unrivaled Income Protection: The residential income covers nearly half of your global rent.
• State-of-the-Art Equipment: No capital expenditure required; high-efficiency ranges and modern interiors throughout following a £450k investment.
• Growth Potential: Currently run under management; an owner-operator could drive profits even higher by streamlining operations.
• Lifestyle & Business: Perfectly positioned close to top-tier schools and world-class surfing beaches, offering the ultimate work-life balance.
Reason for Sale
The current owner is retiring after 30 years of successful operation, leaving behind a legacy of quality and a robust, "future-proofed" business model.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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