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Cafe for sale

The Galley, Back Quay, Truro, Cornwall

50 sq. ft.

Property Description

Commercial information

  • 50 sq ft (4 sq m)

Key features


Full description

The City of Truro is the County's administrative and commercial centre and enjoys excellent representation both by national companies and sole traders.

Location - The City of Truro is the County's administrative and commercial centre and enjoys excellent representation both by national companies and sole traders.

The Galley Fish & Chip shop occupies a prime trading pitch within the city, immediately adjacent to the Piazza and the Hall for Cornwall.

The Property - The establishment briefly comprises a ground floor Fish & Chip Take-Away, which is equipped to the highest of standards to include a 5-pan Kiremko range (new in 2009).

On the first floor there is an office, store room, walk-in chiller room and freezer room, staff facilities and a laundry room

The Business - The Galley Fish & Chip Shop has been successfully trading since February 2009 and during this time has enjoyed an excellent level of trade. Accounting information for the year ending March 2015 shows sales of £185,951 producing a gross profit for the period of 73% and reconstituted net profit of £32,624. It should be noted that the above mentioned net profit is after deducting wages of £30,000. Detailed accounting information will be made available to prospective purchasers subsequent to viewing. During this period the owners elected to trade six days a week, closing on Sundays.
The current trading hours are Mondays to Saturdays 11.00 a.m. To 9.00 p.m. However, the establishment has planning consent to operate between the hours of 11.00 a.m. And 10.00 p.m. Seven days a week. The fish and chip shop is currently staffed by two fryers and additional part-time staff as required.

Schedule Of Accommodation - (all areas and dimensions are approximate)
Servery/Frying Area: 5.69m. X 8.40m.
Double entrance doors with glazed panels. Industrial floor covering. Fully tiled walls. The fish and chip shop is well equipped to include a stainless steel service counter, cash point, 5 electronic screen menu boards, 3-door refrigerated drinks cabinet and coffee machine. There is a 5-pan Kiremko range, two stainless steel refrigerators, health regulations sink unit, 1 Gramm refrigerator, 2 Gramm stainless steel freezers, 2 Buffalo-Pro hobs, 1 Lincat griddle, 2 Sharpe 1900W/R microwaves.

First Floor - Office: 3.70m. X 1.81m. Windows overlooking The Piazza, desk CCTV with remote viewing capability.
Store Room: 1.90m. X 1.53m. Extending to 3.88m x 4.54m. Industrial floor covering, walk-in chiller room, walk-in freezer room (internal measurements of each are 2.0m. X 1.57m.).
Staff Room: 2.71 x 2.6m. Staff lockers.
Staff Cloakroom: WC, wash-hand basin, hot water heater.
Laundry Room/Kitchen: 1.6m. X 2.72m. Sink unit, hot water boiler, tumble dryer, washing machine.
Outside: To the rear of the property there are two storage sheds.

Tenure & Lease Terms - TENURE: Leasehold
LEASE TERMS: The establishment is being offered with the residue of a 24-year FRI Lease, commencing 15th December 2008, at a current annual passing rental of £40,000 exclusive, subject to 4-yearly review dates.

General Information - LOCAL AUTHORITY: Cornwall Council General Enquiries 0300-1234-100 Planning 0300-1234-151
BUSINESS RATES: We refer you to the valuation office website or call 0300-1234-171
SERVICES: Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989 South West Water: 0800 169 1144 Transco: 0800 111 999
VAT: All the above prices/rentals are quoted exclusive of VAT, where applicable.

Inventory & Stock: - INVENTORY: Detailed Inventory of all fixtures and fittings and equipment to be included within the sale will be provided by Miller Commercial prior to exchange of contracts.
STOCK: To be taken at valuation

Epc - The Energy Performance Certificate relating to this property is available via our website by clicking on the property details under the property search screen. It currently has a 'C' rating.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information - For further information or an appointment to view please contact either:-
Graham Timmins on 01872 247019 or via email or
Paul Collins on 01872 247013 or via email or
Beverly Northey on 01872 247031 or via email

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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