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£19,950

Restaurant for sale

Slades Road, St. Austell PL25

£19,950

Restaurant for sale
Slades Road, St. Austell PL25

    About this property

    • Leasehold Cafe & Coffee Shop

    • Low Overheads

    • Further Potential

    • 5 Star Hygiene Rating

    • Ideal Starter Business

    Leasehold Café & Coffee Bar Located St Austell
    Ideal Starter Business
    5 Star Hygiene Rating
    Low Overheads
    Ref 3157

    Asking Price £19,950 plus sav (£500)

    Location
    This well positioned leasehold Café & Coffee Bar is located near the town of St Austell, Cornwall. Situated within a prominent and highly visible trading position on Slades Road. Nearby you have the village of Charlestown, famous for the filming of many TV programmes such as Poldark. Local attractions include, The Eden Project, The Lost Gardens Of Heligan and nearby is Carlyon Bay Hotel, Golf & Country Club.

    Business Description
    Veritas Business Sales are delighted to offer for sale this very popular Café & Coffee Bar which is located in St Austell. The business was established 2 years ago and has been in the capable hands of our client for the past 7 months. They are reluctantly offering the business for sale due to unforeseen personal circumstances. 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. Cosy Cup Cafe is owner operated and has achieved good sales during the winter months and are forecasting an annual turnover of circa £50,000. They serve cooked breakfasts, breakfast baps as well as simple rustic food to include baked savoury croissants, cakes, local coffee, various teas and milk shakes. All fayre is freshly prepared to order on site using only the finest local produce. The business has over 1,800 followers on Facebook which is making the café more popular than ever. We believe that there is further potential to increase trade should you wish, as they do not open in the evenings despite large demand during the holiday season. The business would also benefit from joining one of the food delivery portals such as Deliveroo. 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 - Friday - 08:00 - 16:00
    Saturday - Sunday - closed

    Leasehold
    Original term: 10 years
    Remaining : 7.6 years
    Rent: £3,600 pa
    Reviewed: 3 yearly
    Business rates: Zero

    Ground Floor
    Cafe (3.6m x 4.7m) comprising: Tables and chairs to cover (12), display fridge, hot display cabinet, breakfast bar, various menu boards, sales counter, glass display case, espresso coffee machine (Francino), coffee grinder, 2 x undercounter fridges, various pictures and various shelves.
    Kitchen (3.3m x 2.7m) comprising: Sink with drainer, table-top oven, panini press kitchen cupboard, undercounter fridge (Beko), undercounter freezer (Beko), worktop, microwave, toaster, various shelves, wash basin, dishwasher, extraction unit and griddle (Host).
    Toilet (1.2m x 1.8m) with w/c and wash basin.

    External
    Frontage with tables and chairs to cover (8). Large garden to the side of the property with 4 tables and chairs to cover for (16).

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