Leasehold Vegan Restaurant Located In Truro City Centre

Leasehold Vegan Restaurant Located In Truro City Centre
Ratings / TripAdvisor 5.0 / Google 5.0 / Facebook 5.0 / Happy Cow 5.0
Licenced
Ref 2890

Location
This delightful Vegan restaurant is located in Truro city centre. Situated within a prominent and highly visible trading position close to the Theatre, Cathedral and shopper's car parks. Truro is the retail hub of the county boasting a string of large blue chip and niche independent retailers along with an array of bars and restaurants.

Leasehold Asking Price: £49,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer to the market this respected and very popular Vegan restaurant which is located in the vibrant city centre of Truro. There has been a restaurant on this site for over 30 years and the business has been in the careful hands of our client since 2020. They are now offering the business for sale so that they can concentrate on other business interests.
Since ownership they have continually invested in new equipment along with fixtures and 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 Cornish Vegan is owner operated with the help of 2 part time members of staff. For year ending 31st March 2022 the posted an annual turnover of £156,866 with a GP of £122,404 (78%) producing a healthy net profit. The restaurant is unique with a menu inspired by the idea of simple honest cooking including Mushroom Fusion, Tagliatelle Carbonara, Tofu Katsu, F*sh & Chips, Gourmet Burgers, Hot Dogs, Thai Curry and various popular side dishes. All fayre is freshly prepared on site to order using only the finest produce sourced from some of the top Vegan brands.
We believe that there is further potential to increase trade should you wish by, opening additional evenings as well as Monday & Tuesday and bank holidays. The business enjoys a very strong reputation locally and beyond for its high quality and as such has a high level of regular 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 & Tuesday – closed
Wednesday – 12:00pm – 2:30pm
Thursday – Saturday – 12:00pm – 2:30pm – 5:30pm – 9:00pm
Sunday – 12:00pm – 4:00pm

Leasehold
Original term: 5 years
Remaining: 2 years (Lease covered under the 1954 tenants act)
Rent: £15,300 pa
Rates: £600 pa


Ground Floor
Restaurant (7.2m 7.4m) comprising: 12 tables & chairs with covers for (24), 8 bar stools with breakfast bar, various pictures, 3 x children’s high-chairs. Bar area (2.3m x 2.7m) comprising: undercounter drinks fridge (Adexa), espresso coffee machine (Francino), coffee grinder, glass washer (Maid-Aid), serving counter, till, 3 door drinks chiller unit (Cater-Cool), 3 x cake display units and various shelves.
Storeroom (2.7m x1.3m) with various shelves.
W/C (2.7m x 1.3m) with wash basin.

First Floor
Kitchen (4.2m x 4.2m) comprising; commercial extraction canopy, stainless steel prep table, dual table top fryer, single table top fryer (Tefal), 6 burner oven (Falcon), salamander grill, 2 x commercial microwaves (Whirlpool), undercounter stainless fridge (Blizzard), 3 door chiller unit with salad prep (Blizzard), stainless steel shelf (Vogue), stainless steel centre table with shelves (Vogue), stainless steel dual commercial sink with directional hose, dishwasher (Classeq), various stainless steel shelves, wash basin and metal storage unit. Storeroom (1.7m x 1.5m) with various shelving. Storeroom (1.2m x 1.8m) with 3 door freezer unit (Blizzard).

External
Rear Garden (8.3mx 3.1m) with various plants, tables and chairs with covers for (24).

EPC Rating D