Buy a Seaside Fish Restaurant For Sale business for sale in Penzance on BusinessesForSale.com

  • Advert ID: 637758
  • (Seller ref: 0071)

Seaside Fish Restaurant For Sale


Location:
Category:

Listed by:

Asking price:
£355,000
Sales revenue:
£64,000
Net profit:
£30,000


Fantastic licensed Freehold fish restaurant in a beautiful building located on the sea front with lovely views across the water. There are 26 covers downstairs and 36 covers upstairs. This provides the buyer with a fabulous lifestyle business in a beautiful location backed up with the security of an excellent property.

The property is immaculate and has been recently renovated to the highest standard. An upstairs flat has been converted to provide an additional 26 covers to supplement the 36 covers downstairs in order to maximise the opportunity during the summer season.

The property probably dates from the beginning of the 19th century and presents beautifully. It has a main street frontage just across the road from the sea.

The restaurant is only open in the summer months and for the evening trade. There is huge scope to increase the opening hours and significantly lift turnover and profits.

The restaurant recently received an excellent review in the Independent and since opening 3 years ago has a growing reputation amongst locals who make up about 40% of customers. The balance is made up of tourists who usually are recommended by the many surrounding hotels and guest houses.

The present vendor is reluctantly selling this business due to ill health.

Included in the sale are the freehold property, the fixtures and fittings but excluding the paintings upstairs.


Property:
Freehold

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