Retail Property (high street) for sale

East Street, Newquay

Sold STC £79,950

Property Description

Key features

  • 65 Covers (12 outside)
  • Equipped and trading
  • Accounts available
  • Open kitchen with wash-up area and cellar storage
  • Rent 20,000 per annum
  • Take away/restaurant potential
  • Town Centre location - high footfall

Full description

LEASEHOLD CAFÉ/RESTAURANT/TAKE-AWAY PREMISES IN CENTRAL NEWQUAY CURRENTLY TRADING SUCCESSFULLY AS A DAYTIME ONLY CAFÉ WITH FURTHER INCOME POTENTIAL

Fronting forecourt seating area with retractable blind and seating for 12 covers. Central door leads to:

Main Cafe Area - overall depth 13.06m x maximum width 7.16m (overal - Immediately inside the main front door is a kitchen servery to the right hand side with open aspect cooking facility and service/till area. The main café area is on 3 levels. Tiled floor. Part tiled walls. Full width fronting windows overlooking the forecourt seating area. Rear aspect windows. Tables and seating for approximately 53 covers.

Kitchen - The open aspect kitchen area with extraction includes a variety of cooking equipment and facilities/appliances for café style cooking (all equipment and fittings included with the lease, to be detailed on a separate inventory). To the rear of the Kitchen there is a separate wash up area. A door to the rear of the property leads down an internal staircase to gents and ladies toilets with a further staff door leading to a small lower ground floor preparation area with walk-in fridge and a door onto the rear access lane.

Outside - Small rear outside courtyard storage area and cellar storage room.

The Business - The premises have been successfully operated as a walk in town centre café premises serving food throughout the day, run by a local family with a small number of additional staff. The current owners trade from 8am to 5pm 7 days a week and do not open at all in the evenings. Abridged and audited trading accounts are available upon request. The premises have an A3 and take away licence with great potential for increased evening/take away trade.

The Lease - The premises are being sold as a going concern, with no ongoing staff liability. The current full repairing lease, inside the Landlord and Tenant Act commenced in 2009 for an initial period of 15 Years, expiring in 2024. The passing annual rent is £20,000, plus an insurance contribution circa £300.

Business Rates - Business Rates payable - £8213 per annum. (2016 accounts)


More information from this agent

Nearest stations

  • Newquay (0.2 mi)
  • Quintrell Downs (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Start & Co, Newquay

12a Cliff Road Newquay TR7 2NE

01637 470007 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

  • Newquay (0.2 mi)
  • Quintrell Downs (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Start & Co, Newquay

12a Cliff Road Newquay TR7 2NE

01637 470007 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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