Cafe for saleMarket Place, Penzance, Cornwall, TR18
- Business for sale
- Use class orders: A1 Shops and A3 Restaurants and Cafes
- Well established
- Prominent location
- Easy to operate
- Low overheads
This delightful Café, Coffee Shop & Tea Rooms is located in the historic picturesque costal town of Penzance which is in South West Cornwall. The Cornish Café boasts a prominent secondary position just a short stroll from the main town
Asking Price: £9,950 plus SAV
Turnover: £36,684 pa
Original term: 6 years
Remaining: 6 months
Rent: £11,500 pa
Rates: £3,639 (free next year)
Veritas Business Sales are delighted to offer for sale this respected Café, Coffee Shop & Tea Rooms concern which is located in Penzance. The business has been established for 15 years and has been in the careful hand of my client for the last 6 years and is reluctantly being offered for sale but they now feel it's time to enjoy a well deserved retirement. Since ownership they have continually invested in 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. The business is owner operated and only requires the occasional part time helper and has an annual turnover of £36,684 with a GP of 74%. They serve specialist teas & coffees , sandwiches, panini's, jacket potatoes, and daily specials which are all prepared on site using only the freshest produce. We believe that there is further potential to increase trade by opening on Sundays and extending on the current opening times. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. 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 business is not to be missed.
Monday - Saturday - 9.00am - 4.00pm
Sunday - Closed
Café comprising: seating for (18), sales counter with cash register, serve over chilled counter, espresso coffee machine (Fracino), coffee grinder (Fracino), sink drainer, storage shelving, 2 ring electric stove, 2 x commercial microwaves (Kenwood), 1 x commercial microwave (Panasonic), 1 x commercial microwave (Daewoo), griddle (Buffalo), double hotplate (Buffalo), panini machine (Buffalo), toaster (Phillips), under counter freezer, under counter stainless steel 3 door freezer unit, 2 door fridge unit, sandwich toaster, under counter fridge (Beko), freezer, blender/juicer (JTC) and kettle.
Part covered side seating area for (16)
W/C and wash basin
The property benefits from a heater and an air conditioned unit.
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