Summary - SEABOURNE FISH,1 COMMERCIAL ROAD,PENRYN,TR10 8AG TR10 8AG
1 bed 1 bath Shop
Turnkey seaside business with strong turnover and equipment included.
Established 31-year trading history with strong local reputation
All fitted equipment included; plug-and-play operation possible
Large unit c.1,274 sq ft with walk-in chiller and freezer
Large customer car park to the frontage
Annual turnover £468,000 (year ending 30 March 2024, net of VAT)
New 10-year lease to be granted; rent £25,000 pa, reviewed every 3 years
Only 10 years remaining on lease — lenders may refuse mortgages
EPC rating D; price £99,950 plus stock at valuation
This long-established fishmonger trades from a purpose-built, newly refurbished unit close to Penryn waterfront. The business posts a recent annual turnover of £468,000 (net of VAT) and includes all fitted equipment and chill/freezer units, offering immediate, plug-and-play operations for a hands-on buyer.
The ground floor trading layout features stainless-steel display counters, a lobster tank, walk-in chiller and freezer, prep and packing areas plus customer parking to the front. First-floor storage includes high-capacity ice makers and an office. The property is large (approximately 1,274 sq ft), benefits from fast broadband and excellent mobile signal, and has no flood risk.
Financially, a new 10-year lease is to be granted at a rent of £25,000 pa (three-year reviews). This is a retirement sale after 31 years of trading and presents clear upside through marketing and extended opening or catering to the nearby university and holiday trade. Business rates are currently zero.
Important practical drawbacks are the short lease term — only 10 years remaining — which many mortgage lenders may refuse to lend against; prospective purchasers should check financing options early. The EPC rating is D. The asking price is £99,950 plus stock at valuation (SAV).
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