2 bedroom takeaway for sale

Causewayhead, Penzance, Cornwall, TR18

£345,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A5 Hot Food Take away

Key features

  • Well Established And Profitable Fish & Chip Takeaway
  • Profitable Business With An Excellent Reputation
  • Impressive Self-Contained 2 Bedroom Owners Accommodation
  • Presented To Extremely High Standards Throughout
  • Benefits From Considerable Investment & Expenditure
  • Retirement Sale After 17 Years Ownership

Full description

Tenure: Freehold

THE PROPERTY
Market Plaice Fish Bar occupies a three storey character property with origins that date back to 1843 and is set within a parade of complementary businesses. Market Plaice Fish Bar is an established and well-regarded quality fish and chip shop and takeaway which has benefitted from considerably investment and expenditure by our client's during their 17 years of ownership. Established for over 50 years, Market Plaice Fish Bar comprises a purpose equipped ground floor business premises and provides an exceptional operating environment, specifically furnished and equipped for the trade currently undertaken. The well-presented premises also offer potential for incoming operators to develop the style of trade to suit their own requirements, should they so wish. This business boasts an excellent highly regarded reputation and briefly comprises:- Customer Servery and Seating Area with quality three pan frying range, Preparation Kitchen, Purpose Equipped Wet Room/Chip Preparation Room, Refrigeration Room and Store Areas. To the front of the premises is a forecourt area offering Al Fresco Seating for 16 customers. Self-Contained 2 Double Bedroom Owner's Accommodation on the upper floors with Sitting Room, Fully Fitted Kitchen and a Family Bathroom. Market Plaice Fish Bar is an opportunity to purchase a superb Cornish coastal fish and chip shop and home and a viewing is strongly recommended in order to fully appreciate the standards inherent throughout all aspects of this business and property.

SITUATION
Market Plaice Fish Bar occupies an established trading position on Causeway Head, an attractive town centre street setting within the bustling Cornish coastal town of Penzance, just off the town's main thoroughfare. The historic and picturesque town of Penzance is located in the very South West of Cornwall and is the regional, commercial and administrative centre for West Cornwall. The historic town is centred around its harbour and fronts Mount's Bay, with a resident population of some 21,000 people which is boosted considerably during the holiday months by the many visitors to the area. Offering a wide variety of shopping, leisure and commercial amenities, Penzance is an ideal base from which to explore West Cornwall and nearby national landmarks include St Michael's Mount, Lands End, Cape Cornwall, the open air Minack Theatre at Porthcurno and the Tate Modern gallery at St Ives. The area also boasts some of Cornwall's finest beaches and coves.

INTERNAL DETAILS
Glazed shop frontage with part glazed customer entrance door to front leading into main Customer Servery with non-slip flooring, wipe clean clad walls, high level seating (4), ceiling fans, Customer Servery and Frying Area with extensive wall mounted display menu, non-slip flooring, high efficiency three pan Middleton frying range with chip box, full length glass fronted heater compartments, drip tray, stainless steel wrapping station and customer servery with electronic cash register, two pot Bain Marie, undercounter freezer, upright glass fronted drinks fridge. Refrigerated Store Area with non-slip flooring, part tiled walls, three upright fridges, upright freezer, wall cupboards, stainless steel work surfaces with shelving below. Kitchen/ Preparation Room with non-slip flooring and fully tiled walls, gas cooker with oven and four hobs, twin table top deep fat fryer, southern fried chicken pressure fryer, stainless steel work benches with shelving below, stainless steel wall shelving, two commercial microwave ovens, stainless steel deep bowl sink units, stainless steel hand basin. Wet Area/Storeroom a purpose equipped potato preparation area with commercial potato rumbler, commercial chipper, tiled flooring, stainless steel sink unit, Bin Store Area, ample potato sack storage space, three chest freezers, fish fridge, washing machine, tumble dryer and walled shelving. Staff WC.

OWNER'S ACCOMMODATION
There is a private entrance to the front providing the opportunity to let out the accommodation separately, if so desired. There is also an internal entrance door from the takeaway. Situated on the first and second floors is the extremely well presented private Owners Apartment which briefly comprises:- Sitting Room an attractive room with dual aspect windows to the front and a living flame electric fire. Kitchen fitted with a range of solid wood base and wall mounted kitchen units with complementary work surfaces and fully integrated gas hob, oven, grill, fridge, freezer and extraction unit. Bedroom 2 a good-sized double bedroom with windows to the rear. Bedroom 1 a good size double bedroom on the second floor with part sloping ceilings, eaves storage cupboards, bay dormer window to front with sea glimpses and an Ensuite Shower Cubicle. Bathroom on the second floor with a modern white suite.

EXTERNAL DETAILS
To the front of the property is a forecourt pavement Seating Area for up to 16 customers with bistro tables and chairs and an over canopy. To the rear of the property is a Bin Store Area.

THE BUSINESS
Market Plaice Fish Bar has been established for over 50 years and is an extremely well-regarded business which has been the subject of continuous investment and improvement by our clients during their 17 years of ownership. The business offers a range of traditional fish and chips along with burgers, pies, sides, condiments and hot and cold drinks. All food is freshly prepared to order. The business has an excellent reputation ensuring impressive regular and repeat trade year-round and the business has been awarded a 5-star food hygiene rating and enjoys numerous excellent reviews on TripAdvisor and Google. The business has its own website although no advertising or marketing are undertaken by our clients. The business is offered for sale due to retirement and a viewing appointment is essential in order to fully appreciate the high standards inherent throughout all aspects of this business and property.

CURRENT STAFFING
The business is run by our clients, a husband and wife team, with the assistance of 2 part time members of staff.

TRADING INFORMATION
Accounts for the year ending 5th April 2019 show sales of £126,807 net of VAT. Full detailed trading information can be made available to interested parties following a formal viewing appointment.

POTENTIAL
The sale of Market Plaice Fish Bar provides an excellent opportunity to purchase a well-regarded and profitable town centre fish and chip shop with owner's accommodation, the like of which is seldom available on the open market. Our clients advise that there is tremendous potential to increase the current trade levels which have been deliberately restricted with our client's impending retirement in mind. There are undoubted opportunities for advertising and marketing promotion including online ordering, joining online delivery portals and by developing a social media presence. There are also opportunities to extend the product ranges by introducing additional menu lines. The sale of Market Place Fish Bar represents a rare opportunity to purchase a quality takeaway business which offers impressive accommodation and the ability to move in and start trading without the need for any major expenditure. Our clients are prepared to offer a full handover and assistance to interested parties, should they so require it.


More information from this agent

Nearest stations

  • Penzance (0.3 mi)
  • St. Erth (5.5 mi)
  • Lelant Saltings (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

STONESMITH, Exeter

Suite B, Castle View Barns, Woodmanton, Exeter, Devon EX5 1HQ

01392 799015 Local call rate

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

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Map & Street View

Nearest stations

  • Penzance (0.3 mi)
  • St. Erth (5.5 mi)
  • Lelant Saltings (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

STONESMITH, Exeter

Suite B, Castle View Barns, Woodmanton, Exeter, Devon EX5 1HQ

01392 799015 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.

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