Devon Coastal Fish & Chip Shop For Sale

Business description

Large separately accessed 2 bed owners' accommodation
Advised turnover £85,000 with major scope for increase
Known locally for quality with constant repeat business
Beautiful village centre location by Westward Ho
Huge potential for increased turnover
FREEHOLD


Business History

Meridian Business Sales are delighted to bring to the market this excellent local fish and chip shop which has been in the careful hands of our clients since 1991. The only reason this rare opportunity is being offered to the market is our clients unfortunate ill health. Recently they have informed us that due to their ill health, they have been unable to run the business to it's full potential, however they have maintained a steady stream of regular customers and as demand is high for the services of this business, a new hands on owner would be able to increase trade in a relatively short period of time. The business is in a full walk-in condition allowing you to trade from day one. There is also the opportunity to develop the trade with the numerous local holiday parks and caravan sites. Our clients advise us that turnover at the end of 2010 ran at £85,000 with a gross profit of £50,000 which is derived from the sale of traditional style fish and chip products, confectionery and soft drinks. There is massive scope to increase the turnover by extending the opening hours as currently they only open in the evenings 6 days a week and 5 lunch times.

Property information

Property:

Freehold

Living accommodation:

This is a well presented terraced 3 storey building, briefly comprising: GROUND FLOOR Main entrance leading to spacious food service area set out along the length of the shop with stainless steel serving counter and drinks fridge. This leads out to a central hallway with office and staff WC to the right. Kitchen area complete with all usual appliances including upright fridge and freezer, 2 x chest freezers, fish keep, 3 microwaves, dishwasher and storage. To the rear of the kitchen is an extension used for potato preparation with rumbler, chipper and floor drainage. FIRST FLOOR The owners' accommodation is accessed separately at the side of the property which leads to a fully fitted bathroom/WC complete with shower and bath, fitted kitchen in excellent order with all usual facilities and recent tiled floor, large lounge currently used in a bedsit arrangement. Staircase rising to the bedrooms. SECOND FLOOR The 2 bedrooms on the second floor are both large double rooms accessed from either side of the central staircase. The front bedroom has coastal views across from westward ho to Braunton with the historic island of Lundy being visible in the summer plus panoramic views of the rivers Taw and Torridge joining in the estuary. The rear bedroom has views of the rear yard. The property benefits from UPVC double glazing and also has gas central heating throughout. EXTERNAL The property faces one of the main village streets, excellent for both local and passing trade. At the rear of the building via the extension there is a yard with decking to one side and stone chippings to the other and comes complete with brick built shed/summer house at the far end and a wooden shed to the left.

Location:

This traditional fish and chip shop is located on a central road in Northam, the business enjoys a monopoly trade in the village with an ever increasing population. Northam is well known and used by locals and visitors as it is only a few minutes from the beach and links golf course at Northam Burrows, Westward Ho and Bideford. The main A39 holiday route from Minehead to Bude and further runs less than a mile from the property, giving easy access for passing trade.