Fish and chip restaurant with three apartments for sale in Llandudno, Conwy.

Description

Key FeaturesSeaside location in LlandudnoFish & Chip takeaway and restaurant (54 covers)Three two-bedroom flats with development potentialEstablished business with net sales of £636,000 (year ended March 2025)Full premises licence for alcoholBusiness DetailsBarnacles is a long-standing fish and chip restaurant and takeaway situated on Mostyn Street, in the heart of Llandudno. The property occupies a prime High Street location close to the promenade, pier, and popular tourist attractions including The Great Orme, Alice in Wonderland Trail, and Llandudno Cable Car. The town offers excellent transport links via the A55 and Llandudno Junction railway station.The property is a Victorian mid-terrace building over four floors, recently refurbished with approximately £200,000 invested, including a new shopfront canopy and structural upgrades to the three flats. The ground floor comprises a lock-up takeaway and a restaurant with open-plan seating for 54 guests, interconnecting kitchen, prep rooms, pantry, and separate wash areas.The takeaway features a stainless steel counter with glass screen and an ice cream hatch to the front.The three flats are accessed from the rear:Apartment 1 - first floor, two bedrooms, lounge, kitchen/diner, shower room, and storage.Apartment 2 - second floor, two bedrooms, lounge, kitchen, bathroom.Apartment 3 - third floor, two bedrooms, lounge, kitchen, bathroom with mountain views.External areas include seating for 20 at the front and a small rear alley with outbuilding storage.Barnacles has been successfully run by the current owner for over 30 years and is popular with both locals and tourists. The business offers fish and chips along with a dedicated vegan and gluten-free menu. There is further potential to increase revenue by completing and letting the three flats, subject to planning permission.Mains gas, electricity, water, and drainage are connected. Rateable value: £2,100.The property is offered as a virtual freehold at £1,000,000, including goodwill, fixtures, and fittings. Stock is additional at valuation. The building is held on a 2,000-year lease from Mostyn Estates, commenced 29th September 1903, with a ground rent of £17 per year.