Leasehold Café Located In Fowey

Leasehold Café Located In Fowey, Cornwall
Ratings / Trip-Advisor 4.5 / Facebook 5.0
Prominent Town Centre Location
Oldest Café/Restaurant in Fowey
Ref 2925

Location
This outstanding Café & Tea Rooms is located in the main thoroughfare road within Fowey town centre. Fowey is an historic port and one of the nation's favourite seaside towns. The town manages to be both trendy and yet remains a great family resort, it boasts many craft shops, galleries and restaurants all wrapped up in the most fantastic coastal scenery. St Austell is just (8 miles) away which gives access to all the major transportation links.

Asking Price: £47,950 plus SAV (£500)

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Cafe & Tea Rooms which is located in the Cornish seaside town of Fowey. The business has been established for circa 80 years and has been in the careful hands of our clients for the past 3 years. Reluctantly the business is now being offered for sale so that they can concentrate on other business interests. Since ownership they have redecorated the premises and 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. The business is owner operated with the help of 5 part time members of staff (depending on the time of year) and has an annual turnover of circa £80,000. The Lifebuoy Café serves a fine range of breakfasts, lunches, cream teas with homemade scones, cakes (all made with fresh local ingredients), cold drinks, specialist coffee and fruit teas.
We believe that there is further potential to increase trade should you wish, by advertising to the many local businesses for lunch time deliveries during the out of season months. You could join the online delivery portals such as Just Eat and maybe open in the evening. The business has many requests for this but currently closes at 3.00pm. The business enjoys a very 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 an established business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday - Saturday - 9:00am - 3:00pm
Sunday - closed

Leasehold
Lease Term: 10 years
Lease Remaining: 4 years
Rent: £6,600 pa
Business rates: Zero

Ground Floor
Restaurant (4.3m x 3.6m) comprising: tables & chairs to cover (20), various menu boards, bench seating, various pictures, serving counter, various cake stands, cash register and wall mounted mirror.
Kitchen (4.1m x 2.6m) comprising: microwave (Toshiba), undercounter fridge (Lec), undercounter freezer, espresso coffee machine, coffee grinder, undercounter fridge (Lec), cupboard, various shelves, sink with drainer, 6 burner cooker, under counter fridge (Hoover), microwave (Samsung), griddle, extraction unit, dishwasher (Contender) and various kitchen utensils.

EPC Rating B