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Coffee Shop And Tea Rooms Located In Falmouth For Sale

Falmouth, Cornwall
Asking Price:
£89,950 Furniture / Fixtures included
Turnover:
£130,000
Net Profit:
Under £50K

Veritas Business Sales are delighted to offer for sale Falmouth's oldest Award Winning Coffee Shop & Tea Rooms which is located on the main high street with stunning sea views. The business has been established for over 35 years and has been in the careful hands of our client since 2016 and is reluctantly being offered for sale due to personal circumstances.

Since ownership they have redecorated and continually invested in new equipment along with fixtures and 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. De Wynns is very much owner operated and employs the help of 1 full time and 4 part time members of staff and for year ending December 2017 posted a turnover of £130,000 with a GP of £46,281 (75%). They serve locally sourced artisan coffee, organic teas along with cooked breakfasts, sandwiches, homemade soups, daily specials and has built a fantastic reputation for home made cream tea’s and cakes. All fayre is freshly prepared on site to order using only the finest local produce.

We believe that there is further potential to increase trade should you wish by expanding upon the current opening times and opening evenings as well as Sundays & Bank holidays. The business enjoys a strong reputation locally (and nationally on Trip Advisor, Facebook and Google) for its high quality and as such has a high level of regular local trade along with many visiting tourists, some of whom have been visiting every year since opening. 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 superb business is not to be missed. 

Property information

Property:

Leasehold

Lease Terms:

Leasehold
Original term: 10 years
Remaining: 6 years
Rent: £9,600 pa
Rates: £8,400

Leasehold Rent:

£9,600 per annum

Location:

This delightful Coffee Shop & Tea Rooms is located 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 on the main street in the heart of the town centre with stunning sea views 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.

Premises Details:

Ground Floor
Restaurant (10.3m x 4.6m) comprising: tables and chairs to cover (30), serving counter with cash register, coffee grinder, espresso coffee machine (Astoria), under counter drinks fridge, various shelves, hot water dispenser (Marco), Scales (Avery), various pictures and double under counter drinks fridge (Blizzard).

Lower Ground Floor
Kitchen (3.4m x 2.1m) comprising: commercial sink, wash basin, upright stainless fridge (True), upright fridge (Liebherr), stainless prep table (Sissons) and hot water dispenser.
Lounge (5.5m x 4.5m) comprising: 3 leather settees, leather chair, antique desk with chair and various pictures.
Men’s W/C with hand wash basin.
Ladies W/C with hand wash basin.

First Floor
Kitchen (3.2m x 4.4m) comprising: stainless steel commercial sink, wash basin, 4 stainless steel tables (Sissons), electric cooker (Lincat), toaster (Beko), 2 single fryers (Lincat), salamander grill (Lincat), 2 ovens (Lincat), dishwasher (Maidaid), dumbwaiter lift servicing all floors, under counter fridge, stainless under counter fridge, 9 stainless steel shelves, extractor unit, hot water dispenser and an upright freezer (Liebherr).

External
Rear parking for (1).
Shed with washing machine , dryer and upright freezer.

Business Operation

Trading hours:

Winter
Tuesday – Saturday – 10.00am – 4.30pm
Sunday – closed
Summer
Tuesday – Saturday – 10.00am – 4.30pm
Sunday - closed

Employees:
1 full time and 4 part time
Years established:
35 years

Other Information

Inventory / Stock value:
£2,000
Website:
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Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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