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Under Offer

Leasehold

£189,950

Devon - FT4032

  • Weekly Takings:£12500
  • Annual Rent: £40000
  • Accommodation: No
  • Seating:Yes
  • Seating Capacity:60
  • Lease Years: 10
  • Deliveries: No
  • Staff/Management Run: No
  • Seating:Yes

Description

A long-established fish and chip takeaway and licensed restaurant located in the centre of a well-known riverside town in Devon. The business trades from a prominent position and benefits from strong year-round custom, with a significant uplift during the busy summer tourist season. Seating is provided for around 60 customers, with a separate takeaway entrance allowing both sides of the business to operate efficiently.

Turnover is in excess of £650,000 per annum, with weekly averages around £12,500 and peak summer weeks exceeding £25,000. The menu is traditional in style, and the business currently operates with no delivery service. It is run largely under management on relatively short hours, leaving clear scope for an owner-operator to extend trading and develop turnover further.

The premises are well equipped and arranged to a good standard, with plans for full redecoration inside and out ahead of the 2026 season. Equipment includes a 3 pan Frank Ford island frying range, Bold chipper and peeler, walk-in freezer and commercial dishwasher, alongside a fitted barista coffee area within the restaurant.

The property is held on a lease with approximately 10 years remaining at a rent of £40,000 per annum. In addition, two flats above the premises generate rental income of over £20,000 per year. The business is offered for sale at £189,950 leasehold, presenting a solid, established operation with further potential to build on existing trade.

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