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Freehold Fish And Chip With Restaurant In Callington For Sale

Callington, Cornwall
Asking Price:
£525,000 Furniture / Fixtures included
Sales Revenue:
£170,000
Cash Flow:
Available on request

Veritas Business Sales is delighted to offer this Fish & Chip Takeaway/Restaurant for sale with extensive freehold residential accommodation included. Located in the centre of the Cornish town of Callington.
The business was established over 80 years ago and has been in the hands of the current owners since 2008. It is reluctantly being offered for sale due to retirement. Since acquiring the business, the owners have totally refurbished both the shop and living accommodation and more recently invested in all new equipment, fixtures & fittings which are all bought and paid for and included within the sale price, a huge plus for any new purchaser as additional funds will not need to be spent for some time.
Callington Fish Bar is owner operated with four part time members of staff and has an annual turnover of £150,000, with a further income of £20,000 coming from the rental of the three bedroom flat and the two bedroom town house. The business is renowned for its high quality food and serves a fine range of traditional fish & chips, sausages, pies, burgers, condiments and cold drinks. We believe that there is further potential to increase trade should you wish by implementing an advertising and marketing campaign along with a social media presence which they currently do not have.
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 visiting tourists. This is a superb opportunity to purchase an established business with growth potential, and as such early viewing is highly recommended.

Property Information

Property:

Freehold

Living Accommodation:

Owners accommodation

First floor
Lounge (3.5m x 4.5m) with feature fire place
Kitchen (2.5m x 3.5m) with wall and base units
Office/Bedroom (4.0m x 2.0m)

Second Floor
Bedroom 1 (3.5m x 4.5m) double
Bedroom 2 (4.0m x 2.0m) single
Bedroom 3 (3.5m x 3.0m) double
Bathroom (2.5m x 4.0m) with bath, hand wash basin and W/C


Town House
Ground Floor
Kitchen / Dining room with washing machine, dryer, fridge, cooker and hob.

Lower Ground
Games room
Shower room with shower cubicle, W/C and hand wash basin

First Floor
Lounge
Bedroom 2

Second Floor
Master bedroom with en suite


Both the town house and the owners accommodation are sub-let and producing a rental income of circa £20,000 pa.

Location:

Location
This impressive Fish & Chip Takeaway/Restaurant is located in the town of Callington, South East Cornwall. Its positioned within a prominent and highly visible location on the main High Street and lies on the intersection of the South – North A388 Saltash to Launceston road and the East – West A390 Tavistock to Liskeard road. This expanding town in recent times has seen residential developments with much more planned in the future.

Premises Details:

Ground Floor
Restaurant/Takeaway area with tables & chairs to cover (18), 7 wall mounted menu display boards and an upright drinks fridge. Kitchen area comprising: pressure fryer, 3 pan range (Henry Nuttall), 2 stainless steel tables, 2 contact grills (Velox), microwave (Sharp), Microwave (Panasonic), microwave (Sharp), hand wash basin, toaster (Dualit), 3 door chiller unit & saladette, filter system (Bitterling), sink drainer, stainless steel sales counter, electronic cash register, chest freezer (Logik), 4 pot bain-marie and stainless steel table. Chipping room comprising: 2 upright freezer (Liebherr), extractor unit, chipper (R1 Bold), potato rumbler, large walk in freezer, 3 potato soak buckets, chest freezer (Ice King) and various stainless trays. Pot Wash/Prep Room with washing machine (Bosch), various shelves, sink drainer, chest freezer (Ice King) and cooker. Gents W/C with hand wash basin.

Basement
Large room (10m x 9m) with various spare white goods.
W/C with hand wash basin.
Office with desk and chair.

External
Rear yard with parking for (2)

The property benefits from gas central heating and double glazing.

Business Operation

Reasons for selling:

Other interests

Employees:
4 part time
Years established:
80 years

Other Information

Inventory / Stock value:
£2,000
Website:
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Contact Information

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