Restaurant/cafe for sale in Church Street, Falmouth TR11, £29,950

29,950.00

Offer Nr.:
63410456
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Veritas Business Sales Ltd
Phone(s):
0121 721 9902

* Leasehold
* Excellent trading position
* Close to the harbour
* Busy holiday destination
* Opportunity to increase revenue
* Plant based restaurant
* Licensed
Leasehold Plant Based Restaurant Located In Falmouth
Ratings / TripAdvisor 5. 0 / Google 5. 0 / Facebook 5. 0
Licensed
Ref 2803
Location
This respected Plant Based Restaurant is located just off the high street in
the vibrant harbour town of Falmouth which offers a variety of blue chip and
niche independent retailers and has benefitted from significant investment in
recent years in its commercial and residential infrastructure along with
Falmouth University. The business is positioned just off the high street in
the heart of the town centre and close to the cinema, bus station and only a
short walk from the marina and Maritime Museum. Falmouth has recently been
voted as one of the most desirable places to live in the UK.
Leasehold Asking Price: £29, 950 plus sav (£1, 000)
Business Description
Veritas Business Sales are delighted to offer for sale this delightful Plant
Based Restaurant which is located in Falmouth. There has been a restaurant
within these premises for over 30 years and has been in the careful hands of
our client for the past 2 1⁄2 years. They are now offering the business for
sale so that they can concentrate on other business interests.
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. Sloth & Sparrow is owner operated with the
help of 7 part time member of staff (depending on the time of year) and has an
annual turnover of circa £124, 000.
The owners goal was to create the best Vegan foods utilizing as much locally
sourced and organic produce as possible, alongside using compostable
disposables which has gained them a TripAdvisor certificate of excellence with
a 5 star rating.
We believe that there is further potential to increase trade by opening
evenings, as well as Mondays, Tuesdays and Wednesdays which they currently do
not do. 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 an
established business with further potential which is a great base to build
upon and as such early viewing is highly recommended.
Original term: 6 years
Remaining: 2 1⁄2 years
Rent£7, 600 pa
Business rates: Zero
Opening Hours
Monday - Wednesday - closed
Thursday - Saturday - 10: 00pm - 4: 00pm
Sunday - 10: 00am - 6: 00pm
Leasehold
Original term: 6 years
Remaining: 2 1⁄2 years
Rent£7, 600 pa
Business rates: Zero
Ground Floor
Restaurant (5. 2m x 3. 8m) comprising: 4 tables with chairs and storage box
seating to cover (18), 4 x metal bar stools with breakfast bar, various
shelving, various hanging baskets, menu board, box freezer (Ice - King) and wall
mounted mirror. Kitchen (3. 6mx 4. 3m) comprising: Sales counter, till, espresso
coffee machine (San - Remo ), under counter drinks fridge (Adexa), various
shelves, upright freezer (lec), upright fridge (Apollo), glass food warming
unit, cupboard, 3 door chiller unit (Foster), induction hob (Caterlite), 3
door chiller unit (Polar), induction hob (Buffalo), single deep fat fryer
(Buffalo), single deep fat fryer (Nisbetts), extraction unit, hot plate &
griddle, turbo fan oven (Blue - Seal), stainless steel table, dishwasher, dual
sink, hot water dispenser (Swan), microwave (Quattro) and various kitchen
utensils.
Toilet (1. 7m x1. 7m) with W/C, wash basin and hand dryer.
EPC Rating D

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