Restaurant/cafe for sale in Stable Hobba, Newlyn, Penzance TR20, £1,750,000

1,750,000.00

Offer Nr.:
60577251
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Veritas Business Sales Ltd
Phone(s):
0121 721 9902

* Operates From High Specification Premises
* Seafood Processing Business
* Established Business
* Supplies Blue Chip Retailers
* Turnover £3, 231, 953 pa.
* Ideal Bolt on for an Existing Operator
* Great Reputaion
Leasehold Seafood Processing Business Located In The South West Of England
(The Company Has Achieved An A Grade brc Certification)
Ref 2648
Location
This outstanding Seafood Processing business is located in the South West of
England.
Asking Price £1, 750, 000 ltd co sale
Business Description
Veritas Business Sales are delighted to offer for sale this family operated
and very successful seafood processing business which is based in the South
West Of England. The business was established by our clients back in 2001 and
is only now being offered for sale so they can enjoy a well deserved
retirement.
The business operates from purpose built premises which are maintained to a
high spec and continual investment has been made on new equipment along with
fixtures & 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.
This business is owner operated and employs the help of 42 full time members
of staff and posted an annual turnover for year ending 30th September 2021 of
£3, 231, 953 with a gp of £1, 502, 924 (47%) which produces an average editda of
circa £500K. As a company the owners take their responsibilities very
seriously. All crab landed is from registered fishing vessels and they are
very stringent with their checks and procedures to make sure there are no
under sized or egg laden females landed. The company is routinely checked by
the Sea Fish Authority and have always been compliant. They process the crab
meat through their very own state of the art factory before sending daily
consignments up to the city of London amongst others. They process white crab
meat, brown crab meat, purse crab meat and lobster. Their products are sold in
many large Blue Chip retail outlets and leading supermarkets. The company has
achieved an (A grade brc certification).
We believe that should the company be acquired by another industry operator it
would thrive. This is a rare opportunity to purchase an established niche and
very profitable business which is a great base to build upon and as such early
viewing is highly recommended as this gem is not to be missed.
Opening Hours
Monday - Friday - 6: 00am - 3: 00pm
Saturday & Sunday - closed
Leasehold
New 15 year lease to be granted
Rent: £65, 000
Reviewed: 5 yearly
Rates: £10, 480
Ground Floor
Office (5. 2m x 3. 9m) with 2 desks, 3 chairs, 3 computers, printer (Lexmark)
and 2 filing cabinets.
Storeroom & tool room (7. 9m x 3. 2m) with chest freezer, various work benches,
various shelving, fridge, kettle and various tools.
Hallway with various storage cupboards.
Ladies locker room (3. 4m x 3. 6m) with 2 W/C and 2 showers.
Gents locker room (3. 9m x 3. 2m) W/C and shower.
Staff room (5. 8m x 3. 5m) with 2 tables, kitchen units wall and floor, upright
fridge, sink with two drainers and directional hose.
Secondary/primary changing area (6. 0m x 2. 0m) with 2 lockers, work boots
storage area and 2 stainless steel benches.
Qa office/production office (3. 6m x 1. 6m) with work station, fridge, computer
with key board and monitor.
Pasteurising cooker/chiller room (3. 0m x 3. 0m) with pasteurising/steam cooker
and blast chiller.
Packing room (7. 0m x 6. 6m) with various stainless steel tables and trays.
Goods out cold store (2. 8m x 4. 4m. )
Storage freezer (2. 2m x 2. 2m).
Goods in fridge (9. 2m x 3. 8m).
Ground Floor
Crab boiler room (13. 0m x 3. 5m) with crab boiler machine.
Crab stunner room (6. 2m x 11. 8m) with crab stunning machine.
Blast chiller.
Shell checking room (5. 2m x 1. 75m).
Crab processing room (8. 8m x 10. 8m) with 41 stainless steel prep tables and,
wash basins.
Crab processing tools washing area (3. 6m x 3. 6m) with sink drainer and
directional hose, commercial washer (Hobbart) and stainless steel prep table.
Cooked crab cold store (2. 7m x 5. 7m).
Crab picking room 2 (6. 5m x 8. 0m) with 300 blue plastic trays.
Machine room & chemical store (3. 1m x 10. 8m) with spinsheller machine
(Snorre), 2 crab leg blowing machines and stainless steel prep tables
(Holmes).
External
Blast freezer (12. 2m x 2. 5m).
Storage freezer (12. 2m x 2. 5m).
Compressor room.
Waste room and fork lift storage area.
2 storage containers (6. 0m x 2. 0m).

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