Leasehold Fishmongers, Unit 1, Commercial Road, Penryn, Cornwall, TR10 8AG

Leasehold Fish Mongers Located In Penryn, Cornwall
Established For 31 Years
Great Reputation
Ideal Location
Ref: 3119

Asking Price: 124,950 Plus SAV

Location
This established and very successful Fish Mongers is located near the waterfront in Penryn which is one of Cornwall's most ancient towns and boasts a wealth of history. Penryn has retained a large amount of its heritage and has been designated as an important conservation area. Within (1 mile) you will find the vibrant town of Falmouth which offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University (8,500 students). It has recently been voted as one of the most desirable places to live in the UK.

Business Description
Veritas Business Sales are delighted to offer for sale this established and very successful Fish Mongers which is located in Penryn, Cornwall. The business was established by our client 31 years ago and is now being offered for sale so that they can enjoy a well deserved retirement. They operate from a bespoke purpose built property with a large customer car park to the frontage and over the years have continually refurbished, decorated and invested in new equipment, which is all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Seabourne Fish is owner operated with the help of 2 full time and 2 part time members of staff and for year ending 30th March 2024 posted an annual turnover of £468,000 net of vat. The business has been one of the leading names in area for many years and built a reputation on quality, service and freshness. They source their products, whenever possible, from sustainably caught fish and are proud to be associated with the Southwest Handline Fishermen's Association.We believe that there is further potential to increase trade should you wish, by implementing a vigorous advertising and marketing campaign.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity for an existing operator to expand through acquisition which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Tuesday - Friday - 09:00 - 17:00
Saturday - 09:00 - 16:00
Sunday - closed

Leasehold
New 10 year lease to be granted
Rent: £25,000 pa
Reviewed: 3 yearly
Business rates: currently zero

Ground Floor
Retail area (6.3m x 5.8m) comprising: 2 x stainless steel chiller display counters, sink with drainer, 3 x stainless steel prep tables, counter with cash drawer, various pictures, 2 door display freezer (Husky), 2 sets of electronic scales, lobster tank, wash basin and reception counter.
Storage & prep area (8.5m x 3.0m) with large walk-in chiller unit (Colsee), 2 sinks with drainers, 3 x stainless steel prep tables, various hose pipes, bespoke flooring with drainage, walk-in freezer (Porkka), wash basin, vacuum packer unit and electronic scales.
Packing area (1.5m x 4.9m) with sink with drainer, 2 x stainless steel tables and vacuum packing unit.
Kitchen (2.8m x 1.8m) with sink with drainer, various shelves, chair, work area, microwave, toaster and kettle.
Toilet (1.1m x 1.8m) with w/c & wash basin.

First Floor
Storage area (12.0m x 2.2m) comprising: 2 x ice making machines (each capable of creating 500kg of ice per 24 hours) and 2 x spare ice making machines.
Office (4.7m x 3.3m) with desk, chair and cabinets.

External
Large customer car park to the front.


EPC Rating D