Fish & Chip Cafe Takeaway Close To Harbour For Sale

Business description

A successful takeaway/café in an enviable trading location in the English Riviera Resort town of Torquay. Close to the harbour and within the town centre the business is now on the market due to retirement. The business, which had a complete refit in February 2011, is fully equipped and also includes a self contained studio apartment. New 21 year lease available if required. Café Dining Area for circa 55 covers, Takeaway with New Fully Fitted Gas Range, Potato Preparation Room, Wash up Area and Food Preparation, Several Storage Rooms. Turnover for the year ending 31st March 2011 £152,178 net of VAT.

Property information

Property:

Leasehold

Location:

Torquay is one of the three towns which form the English Riviera resort of Torbay. The population of Torquay is approximately 56,000 (Torbay in total around 123,000). The area is principally a tourist resort attracting a substantial number of visitors each year. The Fish Bar is located in Victoria Parade, directly on the Torquay harbour side in one of the busiest (and most commercially envied), seasonal locations. During the summer season there is a constant flow of holidaymakers from morning until late at night.

Premises details:

The premises comprise a three/four storey building, reputed to be around 200 years old and was at one point the Hotel Vantage. The property has now been split into the takeaway and café, specialising in fish and chips as well as offering a range of hot and cold snacks, beverages etc. There is also a self-contained studio flat. The business has been trading for a number of years and we understand that there are grandfather rights which allow the business to operate until 2am and then reopen and 5am which could take advantage of the demand for hot food takeaway from the pub and club circuit which are concentrated in this part of the town.

The business has been owned by our client for the last 15 years but she also worked in the business prior to her acquisition for a further 10 years. She has now decided to hang up her frying basket and take a well earned break! Internal viewing is highly recommended.

Other information

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