Tea Rooms and Cafe In Newquay

Tea Rooms & Cafe For Sale In Newquay
Ref 2133
Location
This outstanding and well respected Tea room & Cafe business is located on the main thoroughfare road within Newquay town centre with stunning views of the Atlantic Ocean. Newquay is one of the nation's favourite seaside towns, 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.

Business information
Asking Price: £49,950 plus SAV
Turnover: £70,657 per annum
GP: £48,832 (69.11%)
Stock: £500

Leasehold
Original term: 6 years
Remaining : 5 years
Rent: £12,500 pa
Rates: £8,020

Business Description
Veritas Business Sales are delighted to offer for sale this established and well respected Tea Room/Cafe business which is located in Newquay. The business has been established for 70 years and has been in the careful hands of my clients for the past 5 years. Reluctantly the business is being offered for sale so they can enjoy a well deserved retirement. Since ownership they have 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 requiring no staff and has an annual turnover of £70,657 with a gross profit of £48,832 (69.11%). Martha’s Tea Room serves a fine range of homemade cakes, scones, sandwiches, cream teas, milk shakes, soft drinks as well as freshly made specialist coffee, breakfast tea and fruit teas. We believe that there is further potential to increase trade by extending upon the current opening hours during the summer months and expanding upon the current menu to offer breakfasts. 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 business is not to be missed.

Opening Hours
Summer
Monday – Sunday – 10.00 am – 5.00 pm
Winter
Monday – Saturday – 10.00 am – 4.00 pm

Ground Floor
Cafe/Kitchen area comprising: electronic cash register (Casio), various cake display cases, dishwasher (Haleyon), salad prep chiller unit (Polar), expresso coffee machine, sink with drainer, hand wash basin, coffee grinder, under counter fridge (Beko), under counter drinks fridge, toaster (Breville), sandwich toaster (buffalo), small oven, soup kettle, white under counter fridge (Fridgidere), serving counter and insect zapper
Restaurant with 7 tables with chairs and various pictures
Restaurant with 5 tables with chairs and various pictures

First Floor
W/C with hand wash basin (customer use)
Owner accommodation (2 bedroom flat)
Kitchen comprising: 3 stainless steel tables, oven (Burco), various shelves and kitchen units, stainless steel sink with drainer, under counter fridge (Ice king), white fridge, microwave, mixer (Cook Mill), blender (Robot Coupe) and hand wash basin
Double bedroom
Single bedroom
Lounge
Shower room