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Restaurant for sale

The Seafood Bar, Quay Street, Falmouth

Sold STC £29,950

Property Description

Key features

  • ESTABLISHED RESTAURANT IN FALMOUTH TOWN CENTRE
  • IMMEDIATELY AVAILABLE
  • IDEAL HUSBAND AND WIFE BUSINESS
  • PREMISES SUITABLE FOR ALTERNATE USES
  • EPC (C)

Full description

An exciting opportunity to acquire one of Falmouth's longest established Restaurants which is available by way of assignment of the existing lease. The business is situated just meters from the waters edge and currently trades on restricted hours as a Seafood restaurant but would be equally suited to other food genres.

Location - The Seafood Bar is situated in the heart of the vibrant town of Falmouth, just moments from the harbour and main street.

The town of Falmouth has a population in excess of 20,000 and attracts hundreds of thousands of visitors year round and is a popular stop off point for a number of cruise ship companies.

Description/The Business - The premises which extend to approx 450 sqft comprise two dining areas a commercial kitchen and Ladies and Gents W/C's.

Our clients have operated a successful Seafood Restaurant from the premises for many years on a predominantly seasonal basis with a turnover approaching the VAT threshold and have now decided to offer the business for sale owing to family commitments.

It is felt that owing to the wonderful position of the premises that the building may suit a number of other food genres.

Dining Room/Bar Area - Range of fitted and free standing tables and chairs affording approx 16 covers, 2 windows looking onto Quay hill. Counter/Bar Servery with stools, electronic cash register, bottle fridge, wall mounted shelf.

Dining Room 2 - Tables and chairs for approx 16 covers.

Kitchen - Comprising a wall mounted Hand wash basin, Stainless Steel Sink and Drainer, 2 Stainless Steel Tables, Fryer, Lincat Grill, 6 ring gas oven, Microwave, range of Fridges and Freezers.

Ladies And Gents W/C's -

Tenure-Leasehold - The premises are available by way of an assignment of the existing 9 yr lease which commenced on the 25th March 2015 at a current passing rent incl insurance of £797.66 pcm.

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 (C)

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.

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.

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

Contact Information - For further information or an appointment to view please contact either Paul Collins on 01872 247029 or via email pc@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.


More information from this agent

Energy Performance Certificates (EPCs)

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