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Cafe for sale

Lilly's, Islington Wharf, Penryn, Cornwall

Sold STC £19,000

Property Description

Key features

  • COMPREHENSIVELY EQUIPPED RESTAURANT PREMISES
  • IDEAL HUSBAND & WIFE BUSINESS
  • TREMENDOUS SCOPE FOR GROWTH
  • POPULAR & RAPIDLY EXPANDING LOCATION

Full description

A well appointed first floor leasehold restaurant situated in a thriving Boatyard in the popular town of Penryn.

Situation - Lilly's is situated in the Islington Wharf Boatyard in the historic Cornish town of Penryn which has a resident population of approximately 7,000 with a number of affluent villages in the surrounding area including Flushing and Mylor. The harbourside town of Falmouth is approximately 2 miles distant which boasts a further population of 22,000.

Description - The business has been operated by our clients as a restaurant currently trading evenings only and they currently offer a selection of English and Chinese fayre although it is felt that the premises will appeal to a number of differing users as the premises have been used for a variety of restaurant purposes over the recent years.

The Accommodation Comprises - (all areas and dimensions are approximate)

Main Restaurant Area - 8.07m x 7.62m. A light and airy room affording elevated views down the Penryn River with tables and chairs for approximately 26 covers, exposed beams, wall mounted television.

Bar/Servery - Counter with 2 double bottle fridges, wine fridge, Epos till and coffee machine.

Second Dining Room - 5.81m x 4.71m. A delightful room enjoying a view over the boatyard with table and chairs for approximately 20 covers, flat screen TV and piano. This room would be ideally suited for private functions etc.

Commercial Kitchen - Comprising in brief, 6 ring and 4 ring ovens, Samsung microwave, Lincat grill, table top fryer, stainless steel tables, dishwasher, stainless sink and drainer.

Office/Storeroom - A selection of base units, fridge and fitted desk.

Ladies And Gents W/C's -

Storeroom - With a selection of fitted shelving.

Tenure - Leasehold - The premises are available by way of assignment of the existing lease at a current passing rental of £7,800 per annum inclusive of insurance and water charges.

General Information - LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate - The Energy Performance Rating for this property is within Band E.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Premises Licence - We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.

Business Rates - We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search

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

Stock - To be taken at valuation.

Superfast Broadband - For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit http://www.superfastcornwall.org/.

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

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 gt@miller-commercial.co.uk or
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or
Beverley Northey on 01872 247031 or via email bn@miller-commercial.co.uk

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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Energy Performance Certificates (EPCs)

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