Clock Tower Fish Bar, Queen Street, Exeter, Devon

£99,950

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Tenure

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Parking

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Primary use
Restaurant

No floor / site plan

Key features

  • Long established and well presented fish & chip takeaway
  • Prime city centre trading position next to Exeter College
  • Quality fit out and extensive inventory of fixtures and fittings
  • Profitable going concern business with low overheads
  • Genuine potential for future growth and additional revenue streams

Description

The Clock Tower Fish Bar occupies a landmark high profile character corner sited premises which have been the owned and run by our client over the last 6 years. The Clock Tower Fish Bar is a popular and well regarded fish and chip shop and takeaway which has been established for nearly 70 years. The purpose equipped premises occupy part of a character filled building occupying a prominent landmark position in a vibrant city centre trading location. The Clock Tower Fish Bar provides an exceptional operating environment, specifically furnished and equipped for the trade currently undertaken and the exceptionally 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 excellent business boasts an established reputation and briefly comprises:- Customer Servery and Seating Area with 2-pan frying range and serve over counter, Preparation Kitchen, Office/Staff Room, ample Storerooms, purpose equipped Chip Preparation Room, Shower Room with WC, Staff WC and Double Garage with Parking Space. To the front of the premises is a Forecourt Area offering outside seating for customers. An internal inspection is highly recommended in order to fully appreciate all that this versatile and profitable business has to offer.

SITUATION
The Clock Tower Fish Bar occupies an established high profile trading position on Queen Street within Exeter City Centre and benefits from the considerable commercial advantages in this highly visible corner site and landmark trading position being close to Exeter College, numerous offices and residential premises. Queen Street is an extremely busy pedestrian and vehicle arterial route to and from the city centre and main shopping centre of Exeter. The business is situated opposite one of the Exeter College buildings with additional college sites and buildings situated close by, on either side of the business. Exeter Central Station, and Exeter St David’s Station are also both close by and the University of Exeter campus is also within easy walking distance, Queen Street is also home to the Royal Albert Memorial Museum and is a popular trading location due to the substantial level of footfall, the surrounding residential housing and office developments and numerous car parks. Exeter itself is the regional capital of the Southwest and as such, is not only an established and expanding business centre, but also a popular tourist destination year-round. Renowned for its historic cathedral, university and waterside developments, Exeter boasts excellent transport communications, two mainline rail links to London, and international airport with easy access to the M5 motorway at junction 30.

GROUND FLOOR
Character glazed double frontage with central glazed customer entrance door to the front leading into the Main Customer Servery and Seating Area with non-slip flooring, part-wood panelled walls, tables, chairs and fixed high level perimeter seating (12), feature lighting, large menu display board and an upright glass fronted bottle fridge (on free loan from Coca Cola).
Customer Servery and Frying Area with non-slip flooring and easy wipe wall cladding, 2-pan gas frying range with a chip box and 2 glass fronted heater compartments above, stainless steel wrapping station, EPOS touch screen cash register, 2 under counter fridges, under counter freezer, upright freezer, microwave oven, shelving, and a 4-pot bain-marie.
Kitchen/Preparation Room with non-slip flooring, easy wipe wall cladding, 2 chest freezers, stainless steel deep bowl sink unit, upright fridge, base and wall mounted kitchen units with complementary worksurfaces over.
Office/Staff Room.

LOWER GROUND FLOOR (ground floor at the rear)
2 Useful Storerooms with racked shelving providing ample storage space.
Chip Preparation Room a purpose equipped potato preparation area with tiled flooring, a commercial potato peeler, commercial potato chipper, stainless steel sink unit, ample potato sack storage space.
Shower Room with WC.
Separate Staff WC.
Tandem Double Garage & Store providing off road parking for 2 vehicles in addition to further storage space.

EXTERNAL DETAILS
To the front is a Forecourt Seating Area with outside seating for 6+ customers. There is a Rear Parking/Loading Space directly in outside of the garage for 1 vehicle.

THE BUSINESS
The Clock Tower Fish Bar is a long established and well regarded business which has been owned by our client for over 6 years and is now offered for sale due to family commitments. The business offers a traditional fish and chip menu to eat in or takeaway, including fish and chips, pies, burgers, sausages, chicken, sides and soft drinks. The business utilises Deliveroo and Uber Eats for online ordering and deliveries. The Clock Tower Fish Bar enjoys regular repeat trade and is particularly busy during college and university term times and has been awarded a 5 Star Food Hygiene rating. The Clock Tower Fish Bar does not have a website and no advertising or marketing is undertaken. The business is operated by our client, as a single working proprietor, with the assistance of 3 part time members of staff. The sale of the Clock Tower Fish Bar provides an excellent opportunity to purchase an impressive and profitable town centre going concern business, and new owners will be able to move in and start trading, without the need for any additional expenditure.

TRADING INFORMATION
We are advised that turnover for the year ending 31st January 2026 was £135,000 net of VAT with a healthy gross profit of around 69%. Additionally, our client closes the business for 10 – 12 weeks a year for family holidays. Trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The business trades 5 lunchtimes per week Monday to Friday (12-2pm) and 6 evenings per week Monday to Saturday (4.30–9pm). It is closed on Sunday. The opening hours are deliberately restricted during the college holidays, opening only in the evenings.

POTENTIAL
Our client advises that there is genuine potential to increase the current trade levels with undoubted opportunities to extend the opening hours, and to open during the college holidays. There are also opportunities for further marketing and advertising initiatives and to develop a social media presence and following. Given the busy city centre trading position, we believe that the Clock Tower Fish Bar represents an excellent opportunity to purchase a profitable and established catering business with low overheads and our client is prepared to offer a hand over to interested parties should they need it.

BUSINESS RATES
The Rateable Value from April 2026 is £12,000. We are advised that the business currently benefits from business rates relief. For further information contact Exeter City Council.

SERVICES
All mains’ services are connected to the premises.

PRICE & TENURE
£99,950 for the valuable leasehold interest as a going concern business and full trade inventory. Stock to be additional at valuation. We are advised that the premises are held on a 30 year lease, which commenced in December 2006. There are insuring and internal repairing obligations. The current rent is £12,000 per annum. We understand that the lease will be renewable at the end of the current term.
Additional information
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Brochure

Clock Tower Fish Bar, Queen Street, Exeter, Devon

NEAREST STATIONS

National Rail

Exeter Central Station

0.12 miles

National Rail

Exeter St. Davids Station

0.4 miles

National Rail

St James Park Station

0.62 miles

About STONESMITH AGENTS AND VALUERS LIMITED, Exeter

STONESMITH AGENTS AND VALUERS LIMITED, Exeter

Stonesmith are a leading business transfer agent specialising in pubs for sale, hotels for sale, catering businesses for sale and leisure and hospitality businesses for sale in the Westcountry / South West including Devon, Cornwall, Dorset and Somerset.

Our team has over 75 years combined experience in dealing in the sale and acquisition of licensed, leisure and hospitality properties, and businesses throughout the Westcountry / South West.

Contact us today for free no obligation advice.

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