Brook Street, Minehead, Somerset

Restaurant for sale in Somerset

Award winning fish and chip shop/takeaway
In busy suburb of Minehead
With 2 bedroom owners ground floor apartment
Grade II listed properties
Ideal first time catering business
Excellent home and lifestyle
Genuine retirement sale after 20 years
Taking circa £134,000 with scope to expand
Virtual freehold (residue of 999 year lease)

LOCATION
Located in a busy area of Minehead, just off the western approach to the town at Alcombe—a large residential suburb—this property benefits from a strong local catchment. Alcombe, though now part of Minehead, retains its own charm and heritage, nestled on the south eastern edge of the town. The area offers excellent amenities including a Co-op convenience store, garage workshop, and a local pub, with schools also nearby. The shop enjoys regular trade from loyal local customers as well as seasonal visitors, including tourists staying at nearby caravan parks, campsites, and Butlins Holiday Park. Minehead itself is known as the Western Gateway to Exmoor National Park and boasts a scenic seafront promenade, beaches, harbour, central park, and a vibrant mix of independent retailers, pubs, and restaurants.

THE PROPERTY
This charming Grade II Listed building offers characterful accommodation and houses a long-established, popular lock-up fish & chip takeaway. The shop features a central servery counter with frying range, flanked by an office on one side and a potato/preparation room on the other. To the rear, there is a small yard with a store shed and a lean-to staff cloakroom.
While there is no on-site parking, Brook Street provides convenient roadside parking for customers. Included in the sale is a spacious two-bedroom ground floor apartment with its own entrance directly off Brook Street, located adjacent to the shop.

THE BUSINESS
Runner-up in the County Gazette's Best Fish & Chip Shop in Somerset 2024, this award-winning business was originally sold by our agency 20 years ago and has since provided the current owners with a reliable income and excellent lifestyle. Operated by a couple with part-time staff, the shop trades five days a week (11:30am–1:30pm and 5:00pm–8:30pm), and closes annually for one month in January. Offered as a going concern, the sale includes a fully equipped premises with a gas-fired Kiremko frying range. Annual takings are approximately £134,167, with accounts available to serious buyers following a viewing. Please note: stock to be purchased at additional cost.

TENURE
Residue of a 999 year lease with a small service charge of £190 per month. This is payed individually by the 8 flats and takeaway and they have their owned Management Company for insurance and maintenance of the block.

SERVICES
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the selling agents.

RATEABLE VALUE   
£2,125 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

COUNCIL TAX BAND               
A

LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer's responsibility.

Directions from Webbers Minehead Office: Leave Minehead via Friday Street and continue straight along the main road towards Dunster. At the first roundabout, take the left exit and stay on the main road. Proceed through the traffic lights and pedestrian crossing. Shortly after, turn right into Brook Street. The property is located a short distance down on the left-hand side.

Important Information

• This is a Leasehold property.

Property Ref: 55935_COM250096

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