Cod On The Corner, Falmouth – Reduced Guide Price
PDF | Print | E-mail
Written by Gareth Moody
Friday, 16 May 2008
 Miller Commercial of Truro are instructed to market Cod On The Corner at Falmouth at a substantially reduced guide price of £75,000. 

The long established fish and chip shop is situated in prime location on one of the historic and popular harbour resort’s main thoroughfare’s, at 2 Killigrew Street. The premises comprise ground floor takeaway with twin entrance doors, whilst on the first floor there is a preparation area and staff cloakroom. 

Cod on the Corner is being made available by assignment of the existing 20 year lease, commencing December 1999, at a current annual rental of £14,000.  Trading accounts for the year to April 2007 amount to circa £117,000, producing a gross profit of nearly £63,000 and a reconstituted net profit of approaching £19,000. The business is operated by a husband and wife team with the assistance of 1 full-time and 2 part-time members of staff.  The business trades both lunchtimes and evenings but subject to seasonal variations.

Gareth Moody of Miller Commercial’s Business Transfer Dept comments, ‘This is a classic town centre fish and chip, which caters for both locals, tourists and now students, since the opening of the nearby University College for Cornwall’.

FOR FURTHER DETAILS PLEASE CONTACT GARETH MOODY ON 01872 247029