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Cafe for sale

Church Street, Falmouth, Cornwall, TR11

Under Offer £42,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A5 Hot Food Take away

Key features

  • Established business with A5
  • Easy to run
  • Ideal first business
  • Suits husband & wife team
  • Scope to expand
  • Prominent location, over looking the marina

Full description

Tenure: Leasehold

Established Coffee Shop In Falmouth For Sale
Ref 1080

Location

This delightful business is located in the vibrant harbour town of Falmouth, on Church street which is the principle pedestrian and vehicle thoroughfare through this beautiful town. Falmouth offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business has stunning views of the marina and Falmouth has been voted as one of the most desirable places to live in the UK.

Business information

Asking Price: 42,000 plus SAV
Turnover: 70,139 pa
GP: 54,414
Stock: 500

Leasehold

Original term: 10 years
Remaining : 8 years
Reviewed : 3 yearly
Rent: 15,000 pa
Rates: 6,000 pa


Business Description

Veritas Business sales are delighted to offer for sale this respected Coffee shop concern which is located on Falmouth's main high street. The business was established in 2006 and has been in the careful hands of our clients for the last 18 months and is reluctantly being offered for sale due to health reasons. Since ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which means any new purchaser will not need to spend any additional funds for some time. The business is very much owner operated and only requires the help of 1 part time member of staff and has an annual turnover of around 70,139 with a GP of 76%. The business serves a fine range of specialist teas and coffees, cold drinks, afternoon teas, flat breads, toasties, jacket potatoes, soups and of course home made cakes and muffins. We believe that there is further potential to increase trade by maybe opening evenings as a bistro or extending the menu.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and of course is reliant on the many visiting tourists.

Opening Hours

Monday - Saturday - 10.30am - 5.00pm
Sunday - 11.30am - 4.00pm

Ground Floor

Retail comprising: serve over sales counter with sales till, under counter drinks fridge, milk fridge, espresso coffee machine (New elegance), coffee grinder, display fridge (Studio), toaster (Russell Hobbs), toasted sandwich maker (Breville),fridge (A class), menu chalk boards x 2, welsh dresser, hand wash basin and tables and chairs for (14)

Kitchen comprising: Oven (Indesit), large upright freezer (Indesit), dishwasher (Bosch), chef mixer (Kenwood), stainless steel sink drainer, juicer (Ninja) and wire shelving unit

W/C and wash basin









































































































































































































































































































































































































































This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
Opening Hours

Monday - Saturday - 10.30am - 5.00pm
Sunday - 11.30am - 4.00pm

Ground Floor

Retail comprising: serve over sales counter with sales till, under counter drinks fridge, milk fridge, espresso coffee machine (New elegance), coffee grinder, display fridge (Studio), toaster (Russell Hobbs), toasted sandwich maker (Breville),fridge (A class), menu chalk boards x 2, welsh dresser, hand wash basin and tables and chairs for (14)

Kitchen comprising: Oven (Indesit), large upright freezer (Indesit), dishwasher (Bosch), chef mixer (Kenwood), stainless steel sink drainer, juicer (Ninja) and wire shelving unit

W/C and wash basin

Map & Street View

Disclaimer - Property reference 1080. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, Solihull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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