Leasehold Café & Coffee Shop Located In Coverack

Leasehold Café & Coffee Shop Located In Coverack
Large Harbourside External Seating Area
Ref 2615

Location
This established Café & Coffee Shop is located in the desirable village of Coverack on the Lizard Peninsula in Cornwall. The parish includes some 10 miles of coastline from Nare Point at the mouth of the Helford River to Kennack Sands and the Manacles. The area is very popular with tourists with a number of beaches and visitor attractions nearby. The village is also close to the large Royal Navy Air Base of Culdrose with the Cornish town of Helston (11.8 miles) which gives easy access to Falmouth and Truro along the A394

Leasehold Asking Price: £43,000 plus SAV (£500)

Business Description
Veritas Business Sales are delighted to offer for sale this very busy Café & Coffee Shop which is located in the stunning fishing village of Coverack on the Lizard peninsula Cornwall. The business was established by our clients over 30 years ago and they are now offering the business for sale so that they can enjoy a well deserved retirement. Since ownership they have undertaken a complete refurbishment of the Café Bar and kitchen 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. Archies Loft is owner operated and employs the help of 6 part time members of staff (seasonal) and has an annual turnover of circa £190,000. They serve simple rustic fresh food to include soups, freshly cut sandwiches, cream teas, cakes, espresso coffee and various teas. Vegan options are available and 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 by opening evenings as there is plenty of demand. 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 a business with further potential which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Opening Hours
Monday – Sunday – 10:00am – 5:30pm

Leasehold
New 10 year lease available (not guaranteed renewable)
Rent: £12,950 pa Reviewed: 3 yearly
Business rates: currently zero

Ground Floor
Cafe (4.5m x 5.0m) comprising: ice cream display counter, various menu boards, upright drinks fridge (Interlevin), bench seat, pine display counter, pine serving counter, electronic till, upright freezer (iarp), under counter fridge (Zanussi), under counter fridge (Liebher), counter top oven (Turbo-Fan), espresso coffee machine, 2 grills (Lincat), sink, toaster, various shelves, drinks blender (Pro-Blend), microwave (Sanyo) and wash basin.
Basement
Kitchen (5.3mx 5.4m) comprising: wash basin, sink with drainer x 2, under counter fridge (Indesit), chest freezer, chest freezer (Beko), sink with drainer, work surface, box freezer (Tefcold), meet slicer, oven (Buffalo), various kitchen utensils and containers, various shelves, commercial fridge (LEC) and upright fridge freezer (Bosch)
External
Frontage with 5 tables & chairs to cover (16). The owners have use of the public toilet facilities opposite.

EPC Rating C