Seafood Processing Business, The Strand, Penzance, Cornwall, TR18

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 £250K. 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).