6 bedroom takeaway for sale

Plymouth Road, Buckfastleigh, Devon, TQ11

Offers in Region of £499,000

Property Description

Commercial information

  • Business for sale

Key features

  • Fish and chip shop offering take away and restaurant
  • Turnover March 2016 £267,429 with net profit (unadjusted) of £64,777, growing annually
  • Central town location, all year round trade, excellent reputation
  • 2 bed flat, viewing recommended

Full description

Tenure: Freehold

DESCRIPTION
Jolly Rogers has been established in Buckfastleigh for over 50 years and under the current ownership for the last 12 years. It is now being reluctantly sold due to a new venture. The business is centrally located on the corner of the main high street, located within the fringes of Dartmoor National Park. This historic market town offers a large choice of independent shops and the main Buckfast Abbey producing local honey and the famous Buckfast tonic wine.

Buckfastleigh is located alongside the main Exeter and Plymouth link road (A38 that leads on to the M5) Buckfastleigh is also within easy access to the Torbay area of Devon. The town boasts a thriving tourist population, along with a healthy local population. Buckfastleigh also has an excellent regular bus service to Exeter, Torquay and Plymouth.

The business comprises of a traditional fish and chip shop with a wide and varied menu. In addition, and via a separate entrance, the café offers cosy seating for up to 20 covers and is interconnected to the kitchen area of the take away, offering traditional fish and chip lunches. In more recent times the vendors started to open from 9am and offer a breakfast service and have been inundated by clients who enjoy the quality of the food on offer.

The current vendor has renovated the business and properties (having a complete refurb with new equipment carried out in 2010), to what we see today which is at an impressive standard and boasts 2 spacious shops which are semi-independent and a 2 bedroom flat above the shops.

The flat has the potential to be used as owner's accommodation. The shop, cafe and flat are grade two listed.

These fully presentable businesses come complete with a fully functional commercial kitchen, a 3 pan Kriemko range which is annually serviced and 6 years old, seating for 20 covers internally and a thriving take
away service. Possibility exists for the business to be licensed for alcohol. Parking is available in a small car park which is almost opposite (Payable up to 6pm).

Also there are two very large car parks close by (payable up to 6 pm).

The business has shown steady growth over the years, with a minor drop in profitability in 2015 due to the vendor's personal circumstances and its last financial year (2016) had a net turnover of £267,429.

The business currently trades Monday to Saturday 9am until 12 noon for breakfasts, with 12 noon until 2pm for fish and chips and an evening service from 5pm until 9pm, offering additional scope on hours of opening. Sundays currently remain closed.

All of the premises have been renovated to a high standard and are light and spacious. A viewing is highly recommended.

A fantastic location offering excellent lifestyle opportunities and with 2 business opportunities with impressive growth, turnover and profitability and an excellent scope to develop this further. It is without doubt an opportunity not to be missed.

There is a ¾ bedroom cottage with a garden at the rear of the shop which is being sold separately and is not included within any part of this sale.

WEEKLY SALES
Currently shop and café sales average at £5,458 net approximately based on a 49 week opening.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday
Breakfasts 09:00 - 12:00
Lunch 12:00 - 14:00
Evening 17:00 - 21:00
Sunday Closed

STAFF
The business is managed and run by the owners plus 1 family member. In addition, they are supported by a total of 1 full time and 6 part time members of staff.

PROPERTY
The property is of a terraced construction and is located within the town centre on the corner of the main high street.

The shop is totally separate from the accommodation above, which is accessed separately and is separate from the cottage located to the rear.

All buildings are traditionally made of stone and render with slate roofs. The shops benefit from 2x epos tills. The flat could be sublet or act as owner's accommodation and is accessed from the side of the property. The shop also has a rear access.

TAKE AWAY AND CAFE
The takeaway has a separate entrance from the café but is linked to the rear for cooking and serving via a staff only right of way. Both shop fronts are of traditional wood and the doorways mirror each other.

The fish and chip takeaway side opens up to find a waiting area and the range to the rear of the main counter area. The flooring is of a non-slip nature. To the rear of the range is the main preparation area and a semi commercial kitchen area, a storage area and a variety of fridges and freezers. The shop is equipped with a 3 pan Kremko high efficiency island range, a large Linkat double gas griddle, a Linkat 4 pot bain marie, a Linkat twin table top fryer, a microwave, an extra large fish fridge, air conditioning, 2 x APOS system tills with a kitchen printer, a bean to cup coffee machine, 3 fridges, 4 freezers, a self fill water boiler, a bold rumbler/chipper/tank and a dishwasher.

There are two large storage sheds, one of which has a potato store and one with additional fridges, freezers and storage.

To the side, the open plan café seats 20 over several traditional tables. There is a large stunning feature fireplace to the rear and a toilet for client use.

All fixtures and fittings are modern and in excellent condition and will be fully included within the sale.

RESIDENTIAL ACCOMMODATION
Flat
The residential 2 bedroom flat is accessed via a staircase, located directly at the side of the property and is located above the restaurant, the shop and the kitchens.

The flat is accessed via a standard Georgian wooden door with a staircase which leads to the flat. Bedroom 1 and bedroom 2 are both doubles and have real stone natural features. They are fitted with secondary internal glazing.

The family bathroom is modern and bright being fully tiled with a corner shower unit, a pedestal and a WC built into fitted furniture. A roof light supplies the natural light in this room.

The galley style kitchen boasts traditional oak wall and base units with a ceramic hob and a built in oven. The kitchen is partially tiled.

Above the flat there is a loft which is currently used for storage.

The large lounge features stone walls in parts and a huge feature fireplace.

TENURE
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
It is rare for such a good business opportunity to become available as we see here, being in walk in condition and offering exceptional lifestyle possibilities. A viewing is highly recommended to offer the best opportunity of securing this business.

The business offers scope to expand and trading figures show year on year growth. This is truly an opportunity not to be missed.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Totnes (5.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Totnes (5.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44680. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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