Leasehold Fried Chicken Takeaway Located In Newquay Cornwall
Ref 2665

Location
This recently refurbished Fried Chicken Takeaway is located in Newquay, Cornwall. Situated within a prominent and highly visible trading position on a business park on the outskirts of Newquay town centre. Newquay is one of the nation's favourite seaside towns, perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. The town manages to be both trendy and yet remains a great family resort all wrapped up in the most fantastic coastal scenery.

Asking Price: £39,950 plus SAV (£500)

Business Description
Veritas Business Sales are delighted to offer for sale this popular Fried Chicken Takeaway which is located in Newquay. The business was established by our clients one year ago and is now being offered for sale due to unforeseen personal reasons.
Since ownership they have refurbished, redecorated and invested in new equipment along with fixtures and fittings which are 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. The Wing Yard is owner operated with the help of 1 part time member of staff and has an annual turnover of circa £84,000. The business has deliberately traded under the vat threshold but this could easily be surpassed. The Wing Yard serve freshly prepared chicken strips, wings, chicken burgers, waffle fries, vegan options, dips and soft cold drinks. There is potential to provide alcohol off sales. The business is situated in Prow park and has a prominent and growing reputation, providing diverse and great quality food outlets. the landlord, is keen to support each business with free advertising campaigns and restrictions which do not allow duplicate or competing business types. There is ample free parking for customers and some outdoor seating.
We believe that there is further potential to increase the turnover by extending the current opening times and days, implementing a vigorous advertising and marketing campaign and by joining the on-line delivery portals such as Just Eat and Deliveroo. The business enjoys a strong reputation locally and as such has a high level of regular local trade along with many visiting tourists. This is a superb opportunity to purchase a young growing business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Tuesday - closed
Thursday - 4:00pm - 8:00pm
Friday & Saturday - 12:00pm - 8:00pm
Sunday - 4:00pm - 8:00pm

Leasehold
Original term: 3 years
Remaining: 2 years
Rent: £4,320pa
Rates: Zero
Service charge £726.08 pa

Ground Floor
Kitchen (11.6m x 3.8m) comprising: stainless steel shelving unit, upright fridge freezer (Haier), upright stainless steel fridge, wash basin, sink with drainer, hot water dispenser, stainless steel oven tray holder (Vogue), 4 stainless steel prep tables, single deep fat fryer (Buffalo), single deep fat fryer (Lincat), dual deep fat fryer with storage (Quattro), stainless steel counter top table, extraction unit, holding oven, salad prep bar (Empire), drinks fridge, sales desk, and toaster.

External
Storage unit

EPC Rating B

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

Takeaway for sale

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