Long-established, renovated takeaway with 70-seat restaurant in busy tourist town.
70-seat restaurant with takeaway counter, new equipment included
Established business over 50 years, annual turnover circa £200,000
Newly renovated premises; EPC rating B
15-year lease only — lenders likely to refuse mortgage finance
Rent £26,000 pa, rent reviews every three years
3-bedroom flat available by separate negotiation (owner-operator potential)
Medium flood risk; area shows comparatively high deprivation
Good kitchen infrastructure: walk-in chillers/freezers and extraction
Set in Perranporth’s busy town centre, this long-established fish and chip takeaway and 70-seat restaurant benefits from strong holiday and year-round trade. The business has been recently renovated with new commercial equipment included in the sale, producing an annual turnover of around £200,000 and offering immediate walk-in operation for a purchaser wanting trading continuity.
Practical positives include an EPC B rating, substantial back-of-house space (walk-in chiller/freezer, storerooms, pot-wash and chipping room), and an owner-operated staffing model with one full-time and seasonal part-time support. There is clear scope to grow income by extending opening hours and adding online delivery services.
Important practical drawbacks are stated plainly: this is a leasehold sale with a new 15-year lease and rent at £26,000 pa (reviewed every three years). The short lease length is likely to deter many mortgage lenders and may restrict buyer finance options. Flood risk is medium and the local area shows higher-than-average deprivation, which could affect staffing and year-round footfall outside peak season.
A separate negotiation could include a three-bedroom flat, which may appeal to an owner-operator seeking on-site accommodation. This opportunity suits a hands-on buyer or investor prepared to manage a commercial lease and capitalise on Perranporth’s strong tourist demand while addressing lease and flood-risk considerations.
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