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Freehold Fish Chip Restaurant Takeaway Located In Newquay For Sale

Newquay, Cornwall
Asking Price:
£1,799,950 Furniture / Fixtures included
Sales Revenue:
£700,000
Cash Flow:
Available on request

Freehold and fully refurbished Fish & Chip Restaurant & Takeaway Located in Newquay. Turnover £700,000. Comes with Cafe & Dessert Parlour next door. 9 Bedroom accommodation above to include 2 (3 bedroom flats) flats, 1 (1 bedroom flat) and a (2 bedroom) penthouse, all with stunning with of the bay.

Veritas Business Sales are delighted to offer for sale this outstanding Freehold Fish & Chip Restaurant & Dessert Parlour which is located in Newquay town centre. The business was established back in 1980 and has been in the careful ownership of our clients since September 2018. The business is reluctantly being offered for sale due to an unforeseen change in circumstances.

Since ownership they have completely refurbished, redecorated and invested in all brand 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 additional funds will not need to be spent for some time. Both businesses are owner operated and employ the help of 1 full time and 7 part time members of staff and is on target to turnover circa £700,000 this year with a GP (upwards of 65%). The Cod End is renowned in Cornwall for serving high quality fish & chips where they only use the finest produce and can be enjoyed in the recently renovated 72 seater restaurant with stunning Atlantic ocean views or simply taken away. The owners have recently opened Cafeaccino’s Café & Dessert Parlour next door after a complete shop refit and again there has been significant investment in all brand new equipment. The property benefits from 3 flats and a penthouse apartment above all of which have stunning views over the bay.

The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade local trade along with high levels of visiting tourists during summer months. This is a rare opportunity to purchase very well established business with an impeccable reputation and all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Property Information

Property:

Freehold

Living Accommodation:

First floor
Accommodation

Flat 1 (3 bedroom)
Kitchen (3.0m x 2.9m) with fitted kitchen units
Lounge/Dining room (3.9m x 5.5m) with out side patio and views over the ocean
Hallway
Bedroom 1 (5.7m x 2.6m) double
Bedroom 2 (3.1m x 3.4m) double
Bedroom 3 (1.8m x 3.0m) single
Bathroom (2.5m x 2.0m) with bath, shower, w/c and wash basin

Flat 2 (3 bedroom)
Kitchen (3.1m x 3.4m) with fitted kitchen units
Lounge /Dining room (4.7m x 5.1m) with outside patio and views over the ocean
Bedroom 1 (2.2m x 4.2m) double
Bedroom 2 (3.0m x 5.0m) double
Hallway
Bathroom (2.8m x 1.8m) with bath/shower, w/c, and wash basin

Flat 3 (1 bedroom)
Kitchen (3.1m x 5.4m 3.4m) with fitted kitchen units
Lounge dining room (5.4m x 3.4) with outside patio and views over the ocean
Bedroom 1 (4.1m x 3.0m) double accessed by stairs
Bathroom with shower, w/c and wash basin

Second floor
Accommodation

Penthouse (2 bedroom)
Lounge/Dining/Kitchen (8.3m x 5.4m)
Bathroom (1.9m x 1.9m) with bath/shower, w/c and wash basin
Bedroom 1 (5.3m x 3.7m) double
Bedroom 2 (3.7m x 3.5m) double
Large patio (8.8m x 4.5m) with views over the ocean

The property benefits from double glazing and gas fired central heating.
EPC Rating D

Location:

This outstanding and well respected Fish & Chip Restaurant & Dessert Parlour is located on Cliff Road in Newquay town centre. It stands within a prominent and highly visible trading position next door to Aldi supermarket and opposite, Newquay train station and Asda supermarket which bring high levels of footfall to the area. Newquay is one of the nation's favourite seaside towns, perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. The town manages to be both trendy and yet remains a great family resort all wrapped up in the most fantastic coastal scenery.

Premises Details:

Ground Floor
Fish & Chip Restaurant/Takeaway
Takeaway (9.2m x 5.0m) comprising: 4 wall mounted TV monitors (menu boards), 2 EPOS tills,, 3 door under counter drinks fridge (Polar), 8 under counter glass door fridges (Blizzard), commercial microwave (Sharp), 2 four pot bain-marie (Lincat), full length stainless steel counter with wash basin, single fryer, panini toaster (Buffalo), espresso coffee machine (Carmiali), milk machine (Carmiali), 4 pan frying range with built in filtration (Henry Nuttall), combi boiler, extraction canopy, various shelving, independent filtration unit and upright 2 door drinks fridge (Polar).
Restaurant (10.0m x 8.6m) comprising: 18 tables with seating and for (72), wall mounted TV screen (Techwood) and 2 children’s high chairs.

Prep Room (2.1m x 10.7m) comprising: upright stainless steel double freezer (Polar), upright double glass door freezer (Polar), microwave (Sharp), 4 ring hob (Lincat), various shelves, prep table, eco dishwasher (Winter Halter), chipper (Hopkins), potato rumbler (Williams), sink with drainer and directional hose, white fish fridge (polar), large upright fridge (Polar), food mixer (Bold) and 3 large chip bins.
Disabled W/C with wash basin and hand rails.
Storeroom with various shelving.

Ground Floor
Dessert bar
Kitchen (9.2m x 3.3m) comprising: oven (Adexa), freezer (Logik), dual fryer, 3 door stainless fridge (Gastro-line0, dish washer (asbei), sink with drainer and directional hose, microwave (Samsung), trolley, wash basin, various shelving, 3 stainless steel prep tables, 2 door chiller unit with salad bar (Infrico), 3 commercial waffle irons (Waring), 3 commercial crepe plates (Adexa), EPOS till system, milk shake machine (Waring), drinks fridge (Polar), coffee machine and ice cream chiller display unit (ISA).
Takeaway/Restaurant (6.1m x 7.9m) comprising: 6 tables with seating for (24), 4 TV monitors (menu boards), (JVC), 2 door upright fridge (Polar), drinks fridge and 2 children’s high chairs.

Store Room (3.0m x 5.0m) comprising: various shelving, microwave (Samsung), commercial mixer (Blue Seal), stainless steel prep table, large glass 2 door freezer, white chest freezer
Toilet with w/c, wash basin and wall mounted mirror

Energy Performance Rating:
D

Business Operation

Trading hours:

Monday – Saturday – 12.00pm – 9.00pm
Sunday – 12.00pm – 8.00pm

Employees:
1 full time & 7 part time
Years established:
39 years

Other Information

Inventory / Stock value:
£5,000
Website:
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