* Leasehold Cafe & Restaurant
* Prominent Town Centre Position
* Oldest Cafe In Fowey
Leasehold Café Located In Fowey, Cornwall
Ratings / Trip - Advisor 4. 5 / Facebook 5. 0
Prominent Town Centre Location
Oldest Café/Restaurant in Fowey
Ref 2925
Location
This outstanding Café & Tea Rooms is located in the main thoroughfare road
within Fowey town centre. Fowey is an historic port and one of the nation's
favourite seaside towns. The town manages to be both trendy and yet remains a
great family resort, it boasts many craft shops, galleries and restaurants all
wrapped up in the most fantastic coastal scenery. St Austell is just (8 miles)
away which gives access to all the major transportation links.
Asking Price: £47, 950 plus sav (£500)
Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Cafe &
Tea Rooms which is located in the Cornish seaside town of Fowey. The business
has been established for circa 80 years and has been in the careful hands of
our clients for the past 3 years. Reluctantly the business is now being
offered for sale so that they can concentrate on other business interests.
Since ownership they have redecorated 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. The business is
owner operated with the help of 5 part time members of staff (depending on the
time of year) and has an annual turnover of circa £80, 000. The Lifebuoy Café
serves a fine range of breakfasts, lunches, cream teas with homemade scones,
cakes (all made with fresh local ingredients), cold drinks, specialist coffee
and fruit teas.
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. You could join the online delivery portals such as
Just Eat and maybe open in the evening. The business has many requests for
this but currently closes at 3. 00pm. 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 gem is
not to be missed.
Opening Hours
Monday - Saturday - 9: 00am - 3: 00pm
Sunday - closed
Leasehold
Lease Term: 10 years
Lease Remaining: 4 years
Rent: £6, 600 pa
Business rates: Zero
Ground Floor
Restaurant (4. 3m x 3. 6m) comprising: Tables & chairs to cover (20), various
menu boards, bench seating, various pictures, serving counter, various cake
stands, cash register and wall mounted mirror.
Kitchen (4. 1m x 2. 6m) comprising: Microwave (Toshiba), undercounter fridge
(Lec), undercounter freezer, espresso coffee machine, coffee grinder,
undercounter fridge (Lec), cupboard, various shelves, sink with drainer, 6
burner cooker, under counter fridge (Hoover), microwave (Samsung), griddle,
extraction unit, dishwasher (Contender) and various kitchen utensils.
EPC Rating B

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