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Leasehold Fish & Chip Shop and Takeaway for Sale in Horrabridge, Devon

Yelverton, Devon
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  • Leasehold: £49,950
  • Turnover: £150,000 (£2,885 per week)
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Shop & Takeaway Located In Horrabridge, Devon

Leasehold Fish & Chip Shop & Takeaway Located In Horrabridge, Devon
Owners Two Bedroom Accommodation
New 6 Year Lease To Be Granted
Turnkey Business
Ref 3217L

Leasehold Asking Price: £49,950

LocationThis well positioned Leasehold Fish & Chip Takeaway is located in the village of Horrabridge, Devon. Situated within a prominent and highly visible trading position on Station Road next door to the London Inn Public House. Horrabridge is a village and a civil parish in West Devon district of Devon. It lies on the western edge of Dartmoor National Park set in the Walkham valley with the river Walkham flowing through. The village is (12 miles) from Plymouth and (4 miles) from the popular market town of Tavistock.

Business Description
Veritas Business Sales are delighted to offer for sale this respected Leasehold Fish & Chip Takeaway which is located in the village of Horrabridge West Devon. The business has been established for over 40 years and has been in the careful hands of our client for the past 7 years. They are now offering the business for sale due to unforeseen personal reasons. 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 Chippie is owner operated and requires the help of 2 part time members of staff and has a turnover of circa £150,000 net of vat. They serve a fine selection of traditional fish & chips, pies, burgers, jacket potatoes, fish cakes fried chicken, condiments and cold drinks. We believe that there is further potential to increase trade by extending the current opening times 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 takeaway which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Tuesday – Saturday – 12:00 – 14:00 – 16:30 – 20:00
Sunday – 16:30 – 20:00
Monday – closed

Leasehold
New Lease 6-year lease to be granted
Rent: £14,000
Reviewed: 3 yearly
Business rates: zero

Ground Floor
Takeaway (4.9m x 3.9m) with 4 chairs, various pictures, stainless sales counter and upright drinks fridge.Frying area (5.6m x 2.3m) with stainless steel counter, electronic till, 3 pan frying range (Henry Nutall fully Serviced), wash basin, various shelves, wall mounted and menu boards.Prep area (4.3m x 2.7m) with 2 x stainless tables, upright fridge (Electronic), upright freezer (Gram), hot plate (Price-Iveson), 2 x basket fryers and stainless steel fish fridge.Prep area 2 (6.0m x 4.2m) with 4 x microwaves (Sharp), 4 pot bain-marie, washing machine (Hotpoint), prep counter, order tablet with ticket printing machine, oil filter machine (larp), upright white freezer (Larp), various shelves, printer (HP), prep table with granite top, 2 x commercial dual basin sinks, stainless prep table, white drawers and 4 burner cooker.Toilet (1.2m x 2.2m).Storage area/office (3.5m x 9.5m) with various shelves.Garage (4.4m x 3.0m).

New Takeaway
Takeaway order area (3.3m x 4.4m) with sales counter.Kitchen (5.9m x 5.3m) comprising: 4 x burner front and 3 burner back Chinese wok cooker, 2 x stainless prep tables, large commercial extraction unit, freezer (Larp), upright stainless fridge, chest freezer, dual sink with directional hose, filter (Bitterling) and wash basin.Boiler room (2.2m x 0.9m).

External Rear parking for (2) vehicles.

Owners Accommodation
First Floor
Kitchen, dining room, lounge, bedroom 1 (double with en-suite), bedroom 2 (double).

EPC Rating C

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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.

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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.

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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.

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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.'.

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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.

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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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