Restaurant to rent

Fodders Restaurant,Tinner's Court,Truro,TR1 2LL

Let Agreed 1,020 sq. ft. | £9,823 pa| £819 pcm

Property Description

Commercial information

  • 1,020 sq ft (94 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • 45,000 FOR THE BUSINESS
  • LONG ESTABLISHED HISTORY
  • POTENTIAL FOR EVENING TRADE
  • FORMAL VIEWING RECOMMENDED
  • ENERGY PERFORMANCE RATING (C)

Full description

ACCOMMODATION:

Main Restaurant & Servery providing 64 Covers:
6.3m x 10.2m - 63.9sqm (687sqft)
Kitchen - Equipped and with Extraction system:
4.0m x 4.5m - 17.7sqm (190sqft)
Store: 4.2m x 2.2m - 9.2sqm (99sqft)
Office: 1.9m x 2.2m - 4.1sqm (44sqft)
Overall: 6.3m x 17.1m - 106.7sqm (1,149sqft)

LEASE TERMS:

Commencement - 1981
Length - 52-years
Remaining Term - 19-years
Rent Reviews - 4-yearly
Next Review - 2017

THE BUSINESS:

Price - 45,000 (inclusive of equipment and exclusive of stock at valuation)
Average Annual Turnover - 68,000
Gross Profit - 78%*
Adjusted Net Profit - 15,000pa

*Please note this figure is linked to an associated business the Espresso Bar on the ground floor. This element is also available the combined figures are as follows:

Price - Average Annual Turnover - 170,000
Gross Profit - 78%
Adjusted Net Profit - 38,000pa


Nearest stations

  • Truro (0.7 mi)
  • Perranwell (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Redgrave Commercial, Truro

Redgrave Commercial Lemon House 22 Lemon Street Truro Cornwall TR1 2LS

01872 490007 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

  • Truro (0.7 mi)
  • Perranwell (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Redgrave Commercial, Truro

Redgrave Commercial Lemon House 22 Lemon Street Truro Cornwall TR1 2LS

01872 490007 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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Property reference Fodders. 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 Redgrave Commercial, Truro.

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