Leasehold Café & Coffee Bar Located In Falmouth

Leasehold Café & Coffee Bar Located In Falmouth
Harbour Views
Ref 2997

Asking Price £39,950 plus SAV (£500)

Location
This respected Café & Coffee Bar is located in the vibrant harbour town of Falmouth. The town offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned on Church Street in the heart of the town centre and close to the cinema, bus station and only a short walk from the marina and Maritime Museum. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular Café & Coffee Bar which is located in Falmouth. The business has been established for over 10 years ago and has been in the careful hands of our clients for the past 2 1/2 years. The café is now being sold due to the owners wishing to relocate. 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. Planted is owner operated and employs the help of 3 part time members of staff and has an annual turnover of circa £100,000. They serve simple rustic fresh food to include breakfast baps, lunch baps & melts, freshly cut sandwiches, cream teas, cakes, local coffee, various teas and smoothies . 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 evenings 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 – Sunday – 10:00 – 16.00

Leasehold
Original term: 7 years
Remaining : 4.5 years
Rent: £16,800 pa
Reviewed: 3 yearly
Business rates: zero

Ground Floor
Restaurant (5.2m x 3.4m) comprising: tables and chairs to cover (16), sales counter, espresso coffee machine (Simonelli), glass display case, undercounter fridge (Amica), glass washer (Class EQ), 2 x panini makers, sink with drainer, coffee grinder and various shelves.
Rear restaurant (7.8m x 2.4m) comprising: tables and chairs with some bench seating to cover (8), various shelves, Welsh dresser and upright drinks fridge (Mondial Elite).

Basement
Kitchen (4.0m x 2.3m) comprising: upright fridge (Ice King), upright freezer (Fridge Master), stainless steel prep table, cooker (Belling), dual wash basin with directional hose, wash basin, various shelves and microwave (Adexa).
Toilet with w/c and wash basin.

EPC Raring E