Leasehold Restaurant Located In Newquay

Leasehold Restaurant Located In Newquay
Prominent Town Centre Location
Licensed
Ref 2874

Location
This established leasehold Restaurant is located within a busy parade of shops on the main thoroughfare road in Newquay town centre. Newquay is one of the nation's favourite seaside towns, exudes the laid-back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort, all wrapped up in the most fantastic coastal scenery.

Asking Price: £29,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Restaurant which is located in the Cornish seaside town of Newquay. The business has been established for 9 years and has been in the careful hands of our clients for the past 6 months. Reluctantly the business is now being offered for sale due to unforeseen personal reasons.
Since ownership they have completely refurbished 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. Bush Pepper is owner operated with the help of 1 full time and 6 part time members of staff (depending on the time of year) and has an annual turnover of £304,500 with a high GP & net profit. The restaurant serves brunch, lunches in the season and evening meals and is fully licenced and has seating for (44) covers.
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. 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.

Opening Hours
Monday & Tuesday – closed
Wednesday – Sunday – 5:30pm – 10:00pm

Leasehold
Original term: 10 years
Remaining: 8 years
Rent: £17,004
Reviewed: 3 years

Ground Floor
Restaurant (11.0m x 4.2m) comprising: 13 tables with chairs to cover (44), various ceiling and wall lights and various plants. Bar area (2.6m x 3.0m) comprising: espresso coffee machine (Gasadio), coffee grinder, coffee machine (Novo), ice machine (Polar Ice), 3 door under counter drinks fridge (Interlevin), wash basin, till (Epos), undercounter wine fridge and glass washer (Mach).
Kitchen (5.8m x 3.3m) comprising: 6 burner cooker (Falcon), hot plate (Falcon, 2 basket deep fat fryer (Lincat), salamander grill Vevor), 2 draw chiller unit (Adande), oven (Rational), hot lights, box freezer, sous vide, sink with drainer, food mixer, dual fryer (Buffalo), 2 x stainless prep tables, double door upright fridge (polar), upright fridge (Foster), wash basin, upright fridge (Gram), vac-pack machine (Vevor), box freezer, food mixer (Thermomix), commercial meat slicer (Berkel), under counter white fridge, 2 x prep tables, 2 x microwaves (Buffalo), undercounter glass door fridge (Polar), various stainless steel shelves, mixer (Kitchen Aid) and liquidiser.
Potwash area (3.0m x 3.5m) with sink with drainer, stainless steel table, various shelves, dishwasher and washing machine (Indesit).
Storeroom (2.00m x 2.5m) with various shelves, lockers, 2 x upright freezers (Tef-Cold), CCTV and tumble dryer (Indesit).
Office (2.0m x 0.8) with desk with chair and various shelves.

First Floor
Men’s toilet with urinal, W/C, wash basin and wall mounted mirror. Ladies' toilet with 2 x W/C’s, wash basin, wall mounted mirror and baby changing unit.

EPC Rating C