Commercial Property for sale

South Street, Fowey

Guide Price £165,000

Property Description

Full description

AN OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED CAFE BUSINESS IN A HIGHLY DESIRABLE TRADING LOCATION IN THE HEART OF FOWEY. Available for the first time since 1994, this property represents a ready-made business opportunity and early viewing is essential.

Brown Sugar Cafe commenced trading in 2006 and has a well established year round trade catering to locals and tourists alike in this extremely popular waterside location.

Fowey is regarded as one of the most attractive waterside communities in the county. Particularly well known as a popular sailing centre, the town has two thriving sailing clubs, a famous annual Regatta and excellent facilities for the keen yachtsman. For a small town Fowey provides a good range of shops and businesses catering for most day to day needs. The immediate area is surrounded by many miles of delightful coast and countryside much of which is in the ownership of the National Trust. Award winning restaurants, small boutique hotels, chic cafes and excellent public houses have helped to establish Fowey as a popular, high quality, destination.

There are several excellent golf courses within easy reach, many world class gardens are to be found in the immediate area and the fascinating Eden Project with its futuristic biomes is just 5 miles to the north west. There are good road links to the motorway system via the A38/A30. Railway links to London, Paddington, can be made locally at Par, and St. Austell and there are flights to London and other destinations from Newquay.

The Business - The cafe and associated accommodation is split over four floors in a property full of quirky charm. The ground and first floors are configured as a cafe with seating areas, with dedicated cafe w.c., and have permitted use as shop class A1 for the sale of hot food or drink for the consumption on or off the premises within the class A3.

The second floor is configured as food preparation and storage areas for the cafe. There is also a staff toilet with shower on this floor.

The third floor is used as an office and staff room. There is potential for these two floors to be re-designed to create self-contained accommodation for the new owners.

Situated in a prime location, and currently run on limited hours to suit the life-style of the owners, this business has huge potential to explore longer opening hours and evening trade, and to capitalise on its takeaway licence. Contents included other than coffee machine, available to purchase by separate negotiation. Plus S.A.V.

Tenure - Leasehold, with the remainder of a standard, Full Repair and Insure, renewable 20 year lease, commenced 26th March 2015. NB structural repairs to roof etc were completed by landlord prior to commencement of new lease in 2015. Rental £13,500 p.a. reviewed every 5 years, with the next review due March 2020. Accounts available at a viewing of the property, subject to the signing of a Non-Disclosure Agreement.

Services - None of the services, systems or appliances at the property have been tested by the Agents.

Local Authority - Cornwall Council, 39 Penwinnick Road, St Austell, Cornwall, PL25 5DR

Viewing - Strictly by appointment with the Sole Agents: May Whetter & Grose, Estuary House, Fore Street, Fowey, Cornwall, PL23 1AH. Tel: 01726 832299 Email: info@maywhetter.co.uk

Non Domestic Epc Rating - Awaiting -


More information from this agent

Nearest stations

  • Par (3.4 mi)
  • Lostwithiel (5.1 mi)
  • Luxulyan (6.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

May Whetter & Grose, Fowey

Estuary House, Fore Street, Fowey, PL23 1AH

01726 431040 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

May Whetter & Grose, Fowey

Estuary House, Fore Street, Fowey, PL23 1AH

01726 431040 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Par (3.4 mi)
  • Lostwithiel (5.1 mi)
  • Luxulyan (6.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

May Whetter & Grose, Fowey

Estuary House, Fore Street, Fowey, PL23 1AH

01726 431040 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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