£44,950
Restaurant for saleDiscovery Quay, Falmouth TR11
About this property
Leasehold Coffee & Cocktail Bar
Currently Trades Daytime Only
5 Star Food Hygiene Rating
Stunning Harbour Views
Leasehold Coffee & Cocktail Bar Located In Falmouth
Currently Trades Daytime Only
5 Star Food Hygiene Rating
Stunning Harbour Views
Ref 3248
Asking Price £44,950 plus sav (£3,000)
Location
This delightful Coffee & Cocktail Bar is located in the vibrant harbour town of Falmouth. Situated within a prominent and highly visible trading position on Discovery Quay, one of the main waterfront areas of Falmouth, right beside the harbour, marina and the National Maritime Museum, giving it a lively mix of marina views, restaurants, shops, and cultural events.
Falmouth has recently been voted as one of the most desirable places to live in the UK.
Business Description
Veritas Business Sales are privileged to offer for sale this Coffee & Cocktail Bar which is located in Falmouth. The business has been established for over 30 years ago and has been in the careful hands of our clients for the past 2 1⁄2 years. The café is now being sold due to the owners wishing to enjoy a well deserved retirement. Since ownership they have undertaken a complete refurbishment and invested in new equipment along with fixtures & fittings which are all bought and paid for (coffee machine & grinder is rented) 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. Java is owner operated and employs the help of 2 part time members of staff and has an annual turnover of circa £130,000. They serve simple vegan & vegetarian food, cream teas, cakes, local coffee, various teas and smoothies. All fayre is freshly prepared to order on site using only the finest local produce. The business also holds a full on licence for the sale of alcoholic drinks. We believe that there is further potential to increase trade should you wish to do so as they do not currently open in the evenings despite large demand during. 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 great opportunity to purchase a readymade business with further potential which is a great base to build upon and as such early viewing is highly recommended.
Opening Times
Monday - Friday - 09:00 - 16:00
Saturday - 09:00 - 19:00
Sunday - 10:00 - 15:00
Leasehold
Original term: 7 years
Remaining: 3 years
Rent: £30,000 pa
Business rates: £8,000 pa
Ground Floor
Restaurant (3.3m x 5.1m) comprising: Tables and chairs with bench, chair and stool seating to cover (40), sales counter, espresso coffee machine and grinder supplied (rented via Coffee South West), glass display case, numerous glass cake stands, various pictures, sink, and various shelves.
Toilet (2.5m x 0.8m) with w/c, wash basin and wall mounted mirror.
Kitchen (1.7m x 2.2m) comprising: Combi oven, dishwasher (Italinox), ice machine, upright fridge freezer (Polar), stainless steel worktop, pannini grill (Adexa), 2 slice toaster, microwave (Toshiba), combi oven (Adexa), various shelves, wash basin with drainer and hot water unit.
Large storage area above the restaurant.
External
External area licenced for 40 currently utilising (25) covers
EPC Raring C
Currently Trades Daytime Only
5 Star Food Hygiene Rating
Stunning Harbour Views
Ref 3248
Asking Price £44,950 plus sav (£3,000)
Location
This delightful Coffee & Cocktail Bar is located in the vibrant harbour town of Falmouth. Situated within a prominent and highly visible trading position on Discovery Quay, one of the main waterfront areas of Falmouth, right beside the harbour, marina and the National Maritime Museum, giving it a lively mix of marina views, restaurants, shops, and cultural events.
Falmouth has recently been voted as one of the most desirable places to live in the UK.
Business Description
Veritas Business Sales are privileged to offer for sale this Coffee & Cocktail Bar which is located in Falmouth. The business has been established for over 30 years ago and has been in the careful hands of our clients for the past 2 1⁄2 years. The café is now being sold due to the owners wishing to enjoy a well deserved retirement. Since ownership they have undertaken a complete refurbishment and invested in new equipment along with fixtures & fittings which are all bought and paid for (coffee machine & grinder is rented) 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. Java is owner operated and employs the help of 2 part time members of staff and has an annual turnover of circa £130,000. They serve simple vegan & vegetarian food, cream teas, cakes, local coffee, various teas and smoothies. All fayre is freshly prepared to order on site using only the finest local produce. The business also holds a full on licence for the sale of alcoholic drinks. We believe that there is further potential to increase trade should you wish to do so as they do not currently open in the evenings despite large demand during. 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 great opportunity to purchase a readymade business with further potential which is a great base to build upon and as such early viewing is highly recommended.
Opening Times
Monday - Friday - 09:00 - 16:00
Saturday - 09:00 - 19:00
Sunday - 10:00 - 15:00
Leasehold
Original term: 7 years
Remaining: 3 years
Rent: £30,000 pa
Business rates: £8,000 pa
Ground Floor
Restaurant (3.3m x 5.1m) comprising: Tables and chairs with bench, chair and stool seating to cover (40), sales counter, espresso coffee machine and grinder supplied (rented via Coffee South West), glass display case, numerous glass cake stands, various pictures, sink, and various shelves.
Toilet (2.5m x 0.8m) with w/c, wash basin and wall mounted mirror.
Kitchen (1.7m x 2.2m) comprising: Combi oven, dishwasher (Italinox), ice machine, upright fridge freezer (Polar), stainless steel worktop, pannini grill (Adexa), 2 slice toaster, microwave (Toshiba), combi oven (Adexa), various shelves, wash basin with drainer and hot water unit.
Large storage area above the restaurant.
External
External area licenced for 40 currently utilising (25) covers
EPC Raring C
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Monthly repayment
£224 per month
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