Leasehold Café Bar Located in St Agnes

St Agnes
£59,950
Business ID:
#3001A
£59,950
  • Ref: 3001A
  • Type: Cafe
  • Availability: Sold
  • Veritas Categories: - Cafe, - Bar
  • Business ID: 3001A
  • Commercial Tenure: Leasehold
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Property Features

  • Leasehold Cafe Bar
  • Excellent Trading Position
  • Opportunity To Increase Revenue
  • Very Busy Holiday Destination
  • Extensive Garden Seating

Full Details

Leasehold Café Bar Located in St Agnes
External Seating For (50)
Strong Takeaway Trade
Licenced
Ref 3001A

Asking Price £59,950 plus SAV (1,000)

Location
This delightful Café Bar is located in the Cornish seaside village of St Agnes. The Village has a population of circa 7,565 and sits in both a designated Area of Outstanding Natural Beauty and a World Heritage Site which produces high levels of tourist footfall, especially during summer months. St Agnes has a thriving and creative local community which supports lots of independent shops and businesses. Add to that beautiful, dog friendly beaches, world class pubs and restaurants, and access to some of the county’s most stunning coast path walks. The city of Truro is (7miles) to the west and the town of Newquay is (11 miles) to the north. The main A30 trunk road from Exeter to Penzance passes within a couple of miles.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular Café Bar which is located in St Agnes, Cornwall. The business has been established for over 11 years and has been in the careful hands of our client for the past 6 years. They are now offering the business for sale due to other business interests requiring their attention.
Since ownership they have continually 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. Genki is owner operated with the help of 6 part time members of staff and has an annual turnover of circa £89,000. (The business only trades from the end of March until late September). They are currently best known for their smoothie bowls and waffles, however they also serve a selection of freshly made savoury items and porridge, alongside locally sourced artisan coffee and organic teas, smoothies, ice creams and cream teas. All fayre is freshly prepared on site to order using only the finest locally sourced produce. The business also has the benefit of an alcohol licence.
We believe that there is further potential to increase trade by extending the current opening times and by serving later into the afternoon and opening in the evenings during the very busy 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. This is a superb opportunity to purchase an established café with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – closed
Tuesday – Sunday – 09:30 – 14:30

Leasehold
Lease: 6 years 364 days
New Lease Available
Rent: £12,000 pa
Reviewed: 3 yearly

Ground Floor
Restaurant (4.7m x 2.5m) comprising: tables & chairs with covers for (8), 2 bar stools with breakfast bar, various shelves, undercounter fridge (Hotpoint), doors to outside patio leading to extensive gardens.
Prep Kitchen (1.6m x 4.7m) comprising: espresso coffee machine (Sanremo), coffee grinder (Simonnelli) cash draw with ipad connection, various prep surfaces, 2 x drinks fridges (Gastro-line), air fryer/oven (Cuisnart), hot water dispenser, toaster, various shelves, dishwasher (Maidaid), chest freezer (Tef-Cold), 3 x drinks blenders (Nutribullet), 2 drinks blenders (Pro-Blend). Kitchen (2.1m x 1.7m) comprising: sink with drainer and directional hose, undercounter fridge (Future), microwave (Sharp), microwave (Russell Hobbs), toaster, undercounter fridge (Beko), undercounter stainless fridge.
Toilet (2.4m x 1.2m) with w/c and wash basin.

External
Stunning gardens with picnic tables to cover (50) and 2 storage sheds.