Freehold Coffee Shop & Creperie Located In East Looe

Freehold Coffee Shop & Creperie Located In East Looe
Ratings / Trip-Advisor 4.5 / Facebook 4.5
2 Bedroom Flat Above
Stunning Views
Licenced
Ref 2775

Location
This outstanding Coffee Shop & Creperie is located in the highly desirable harbour town and fishing port of East Looe, South East Cornwall. Its prominent and highly visible location gives easy access to the many visiting tourists and enjoys stunning views across the estuary. The costal town still retains a working fishing port and remains a great family resort with many restaurants and shops to visit all year round. Looe is (20 miles) west of Plymouth and (7 miles) south of Liskeard, divided in two by the River Looe, East Looe and West Looe being connected by a bridge.

Freehold Asking Price: £264,950 plus SAV (1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this busy Coffee Shop & Creperie business which is located in East Looe. The business was established by our clients 16 years ago and is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have refurbished, redecorated and continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included with in the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Larsson’s Coffee Shop & Creperie is very much owner operated and employs the help of 1 full time member of staff and through choice trades below the VAT threshold with a turnover of £84,500. Renowned as serving the best coffee in Looe and one of the last independent coffee shops in the area they also provide a range of freshly made savoury & sweet crepes and also benefits from an alcohol licence.
We believe that there is further potential to increase turnover should you wish by opening in the evenings in the summer months. The business 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 an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – closed
Tuesday – Sunday – 10:30am – 16:00pm

Ground Floor
Café (5.2m x 3.5m) comprising: tables with chairs to cover (22), espresso coffee machine (Capri), coffee grinder (Sandreno), under counter fridge, various shelves, various bar equipment, electronic till and chest freezer.
Kitchen (1.2m x 2.5m) comprising: sink with drainer, crepe machine (Krampouz), under counter fridge (Beko), under counter freezer (Beko), small white under counter freezer, 2 ring burner (Smeg), wash basin and various shelves.
Storage cupboard.

First Floor
Bedroom 1 (3.1m x 3.0m), hallway, bathroom (1.2m x 1.2m) and laundry room (1.2 x 1.7m).
Second Floor
Sitting room (2.8m x 2.9m), bathroom (1.4m x 1.6m) and kitchen (2.3m x 2.5m).
Third Floor
Bedroom 2 (4.1m x 2.9m).
External
Tables & chairs with seating for (10).

EPC Rating