Leasehold Restaurant, Falmouth, Cornwall, TR11

Leasehold Restaurant Located In Cornwall
Prominent Position
Trip-advisor Rating 4.9
Ref 3187i

Asking Price: £89,950

Location
This respected restaurant is located in the south of Cornwall.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular Sea Food Restaurant which is located in the south of Cornwall. There has been a restaurant on this site for over 40 years and has been in the careful hands of our clients for the past 2 years. They are now offering the business for sale as they can enjoy a well-deserved retirement. Since ownership they have undertaken a complete refurbishment and 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 employs the help of 3 full time members of staff and has an annual turnover of circa £300,000 net of vat. The business offers deliciously simple fish and shellfish and all fayre is freshly prepared to order on site using only the finest local produce. We believe that there is further potential to increase trade should you wish to do so as they do not currently open in the daytime despite large demand during the holiday season. The business already 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 a growing business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Saturday - 18:00 - 22:30


Leasehold
Original term: 10 years Remaining: 4 years Rent: £13,200 pa Reviewed: 3 yearly Business rates: zero

Ground Floor
Restaurant (7.4m x 3.1m) comprising: tables and chairs to cover (28), sales counter, wall mounted black boards, wall lights, wine fridge, wine glass ceiling mounted, upright wine fridge (Haier), various shelves, glass washer, large wall mounted mirror, undercounter drinks fridge (Polar) and sink with drainer.
Toilet (1.5m x 0.9m).

Basement
Kitchen (7.4m x 3.1m) comprising: dishwasher (Wash-Rite), large extraction unit, dual commercial sink with drainer, 3 x stainless steel prep tables, various stainless steel shelves, wash basin, food blender (Magi-Mix), microwave, microwave, stainless steel trolley on wheels, 4 door fridge (polar), single fryer (Caterlite), table top oven (Turbo-Fan), 3 door chiller unit (Polar), cooker with 2 induction hobs, 2 hot plates and oven, dual fryer, (Buffalo), stainless steel plate cupboard with hot lights, stainless steel table with shelves.
Storage cupboard (3.8m x 1.4m) with various shelves.

EPC Rating B