Summary - Seafood Processing Business, The Strand, Penzance, Cornwall, TR18 TR18 5HJ
1 bed 1 bath Hospitality
**Standout Features:**
- Established leasehold seafood processing business
- Located in high-spec, purpose-built premises
- Annual turnover of £3,231,953 with a solid profit margin
- A-grade BRC certification, indicating top-quality standards
- Strong client base with blue chip retail clients
- Vast facilities encompassing 6,304 square feet, with specialized processing equipment included
- New 15-year lease available
**Potential Concerns:**
- Current leasehold may pose financing challenges; lenders typically prefer longer leases
- Business and earnings tied to the seafood market; fluctuations may impact profitability
- Broadband speeds are very slow, which may affect operations
This well-established seafood processing business located on The Strand in Penzance, Cornwall, presents a unique opportunity for those in or entering the hospitality or seafood sectors. Operating from an expansive 6,304-square-foot facility meticulously maintained to high standards, the business boasts a commendable annual turnover exceeding £3.2 million. It has consistently served high-profile blue chip clients, and with its A-grade BRC certification, the assurance of quality is palpable.
With a dedicated workforce of 42 full-time employees, significant investment in modern equipment, and the inclusion of all machinery in the sale, this turn-key operation is primed for a seamless transition to new ownership. This could be an ideal bolt-on acquisition for an existing operator looking to expand, given its strong reputation and established market presence.
Despite its many positives, potential buyers should consider the current leasehold's implications for financing and the demand dynamics of the seafood market. As opportunities like this are rare, early viewing is highly recommended to secure this outstanding business. Envision your brand thriving in this sought-after location while capitalizing on the craftsmanship and high standards established by the current owners.
Light industrial facility for sale in Unit 8, Stable Hobba Industrial Estate, Newlyn, Penzance, TR20 — £240,000 • 1 bed • 1 bath • 3730 ft²
Restaurant for sale in 4-6 New Road, Penzance, Cornwall, TR18 — £350,000 • 1 bed • 1 bath • 1409 ft²
Shop for sale in Leasehold Fishmongers, Unit 1, Commercial Road, Penryn, Cornwall, TR10 8AG, TR10 — £124,950 • 1 bed • 1 bath • 1274 ft²
Takeaway for sale in Penmere Hill, Falmouth, Cornwall, TR11 — £750,000 • 3 bed • 3 bath • 2793 ft²
Restaurant for sale in Churchtown, Mullion, TR12 — £385,000 • 3 bed • 1 bath • 1534 ft²
Light industrial facility for sale in Leasehold Giftware Manufacturer, Helston, Cornwall, TR13 0QD, TR13 — £1,450,000 • 1 bed • 1 bath • 3270 ft²
