Business for Sale in Devon FISH & CHIP/FASTFOOD TAKEAWAY/RESTAURANT & 2 FLATS

Key Information

Reference

CF37318N

Tenure

Freehold, Leasehold

Status

For Sale

Region

Devon

Sector

Fish & Chip Shops

Annual Sales

£553,784.00 Exc. VAT

Accommodation

Yes

Business Information

Famous FISH & CHIP/FAST FOOD TAKEAWAY & RESTAURANT with 2 FLATS proving lucrative and valuable, also benefiting from alcohol licence. Situated within stunning and affluent sought after SOUTH DEVON waterside town, attracting visitors throughout the year. Occupying premier town centre trading position, fronting busy thoroughfare, close to the waterside where ferries and pleasure cruises depart, surrounded by holiday accommodation and residential areas.

Eye catching character premises with some covered alfresco seating to the front, extending over 3 levels, holding 5* EHO rating. Offers ground floor takeaway and seating area offering approx. 50 covers, frying, kitchen, wash-up, preparation, and storage areas complete with walk in freezer plus cloakroom facilities. Self-contained first floor 1 bedroom flat and second floor 2 bedroom flat, suit owner occupation or can be let to provide additional income.

Landmark business, in existence over 40 years, and in current ownership over 25 years, serving popular fish & chip/fast food menu to eat in or takeaway. Sales 2025 £553,784 ex Vat, Gross Profit £332,047, trades seasonal hours, but only 6 days each week, always closed on a Sunday, even during the busy summer months when takings can peak at £30,000/£35,000 per week. Sound profits, especially for working owners, further opportunities through online ordering, deliveries, and increased opening hours to include Sundays!

Leasehold £162,000 sav Freehold £648,000 sav, Ref: CF37318N