Leasehold Café & Restaurant (Licensed) Located In Truro City

Truro
£65,000
Business ID:
#2905
£65,000
  • Ref: 2905
  • Type: Cafe
  • Availability: Sold
  • Veritas Categories: - Cafe, - Restaurants
  • Business ID: 2905
  • Commercial Tenure: Leasehold
  • Make Enquiry

Property Features

  • Leasehold Cafe & Restaurant Located In Truro
  • Licensed
  • Award Winning

Full Details

Leasehold Café & Restaurant (Licensed) Located In Truro City
Multi Award Winning
Extremely Successful
Ratings / TripAdvisor 5.0 / Google 5.0 / Facebook 4.6
Ref 2905

Location
This very successful dual site Café & Restaurant is located in Truro city centre. Situated within a prominent and highly visible trading position next to the museum and a short distance from 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: £65,000 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer to the market this well-respected Café & 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 for over 4 years. 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. Bread & Butter is owner operated with the help of 5 full time and 20 part time members of staff (depending on the time of year) and for the year ending 31st January 2023 the posted an annual turnover of £546,264 with a GP of £320,389(58.7%). The business is unique as it has two different outlets on either side of River Street, (No 20 River street) serving breakfast, brunch, lunch and afternoon teas either in the comfortable dining room or in the hugely popular garden seating area with heated booths. On the opposite side of the road (No 24 River Street) is the Takeaway & Retail serving delicious pastries, cakes, lunch & supper options as well as lovely boujie gifts. All fayre is freshly made on site using only the finest Cornish produce.
We believe that there is further potential to increase trade should you wish by opening in the evenings as the current owners choose not to do this but are continually requested to do so. 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 – Sunday – 9:00am – 3:00pm

Leasehold
(No 20 River Street)
Original term: 10 years
Remaining: 10 months (Extendable)
Rent: £12,000 pa
Rates: £12,000 pa

Ground Floor
Takeaway/Kitchen (4.5m x 5.6m) comprising: granite sales counter, 2 x upright glass fronted fridges (Polar), ice making machine (Polar), various shelves, under counter fridge (Beko), under counter freezer (Fridgemaster), espresso coffee machine (Olstoria), coffee grinder, electric water heater, dual sink with directional hose, commercial microwave (Buffalo), microwave (Daewoo), griddle (Cougar), panini press (Buffalo) and commercial extraction.
Pot wash area (1.3m x 1.2m) with dishwasher (Class EQ) and various shelves.
Toilet (1.2m x 1.0m) with W/C and wash basin.

First Floor
Dining room (5.9m x 3.8m) comprising: globe ceiling lights, tables & chairs with covers for (16), various wall mounted mirrors, various pictures and bench seating.
Second Floor
Prep kitchen (5.6m x 2.3m) comprising; 2 built in ovens (Bosch), air-con unit, dishwasher (Bosch), sink with drainer and directional hose, various shelves, electric water heater, 2 x commercial upright fridges (Polar), 2 x undercounter freezers (Lec), various white work surfaces, various kitchen utensils and hand wash basin.
Dry stores (2.1m x 1.3m) with various shelves.
Apartment
Lounge/bedroom (3.5m x 4.0m), Bathroom (1.3m x 3.1m) with wash basin, shower and w/c.
Kitchen (3.1 x 1.3) comprising: work surface with sink, upright fridge (A-Class), tumble dryer and washing machine.

EPC Rating D

Opening Hours
Monday – Sunday – 9:00am – 3:00pm

Leasehold
(No 24 River Street)
Original term: 6 years
Remaining: 4 ½ years
Rent: £14,004 pa
Rates: £9,000 pa

Ground Floor
Deli/Takeaway (6.1m x 5.2m) comprising: glass display counter, hot food holding cabinet, sales counter, electronic till with i-pad, espresso coffee machine (La Marzocco), coffee grinder, upright drinks fridge (Sterling Pro), air-con unit, upright freezer (Electra), various shelves made from bespoke birchwood ply, 2 tables with seating for (8), 2 x commercial microwaves (Buffalo), panini press (Buffalo), 2 x under counter fridges (Fridgemaster), 2 x undercounter fridges (Polar), sink with directional hose and smoothie blender.
Storeroom (4.0m x 2.2m) with kitchen wall & base units and various shelves.
W/C 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 (Class EQ), 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 (7.2mx 5.9m) with 5 x booths with cushioned seating and wooden tables to cover (24) and various plants.

EPC Rating D