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Established Café Coffee Shop Located In Truro For Sale

Truro, Cornwall, UK
Asking Price:
£19,950 Furniture / Fixtures included
Turnover:
£84,000
Net Profit:
Undisclosed

Café & Coffee Shop is located in Truro City Center. Award-winning business. Easy to operate. Ideal starter business.

Veritas Business Sales is delighted to offer to the market this respected café & coffee shop, which is located in the vibrant city centre of Truro. The business was established back in 2012 and has been in the careful hands of our client since 2018. They are now offering the business for sale so that they can enjoy a well-deserved retirement.
Since ownership, they have continually invested in new equipment along with fixtures and fittings, which are all bought, 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. Grounded is owner-operated with the help of 1 full-time member of staff and has an annual turnover of circa £84,000. They serve locally sourced artisan coffee and organic teas, along with fresh pastries, breakfasts, freshly cut sandwiches, homemade soups, daily specials, and cakes. All food is freshly prepared on site to order using only the finest locally sourced produce.
We believe that there is further potential to increase trade should you wish, opening evenings as well as Sundays and bank holidays. The business enjoys a strong reputation locally and beyond for its high quality and, as such, has a high level of regular repeat business 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.

Property Information

Property:

Leasehold

Lease Terms:

Original term: 6 years
Remaining: 5 years
Rent: £7,500 per
Rates: zero

Location:

This delightful café & coffee shop is located in Truro city centre. Situated within a prominent and highly visible trading position close to the theater, cathedral, and shopping car parks,. Truro is the retail hub of the county, boasting a string of large blue-chip and niche independent retailers along with an array of bars and restaurants.

Premises Details:

Ground Floor
The cafe comprises a wooden serving counter with an EPOS cash register (on lease), 3 high stools with a breakfast bar, 2 handcrafted wooden tables each with 4 chairs, menu blackboards, and a and a wall-mounted display shelving unit.
Servery/prep area comprising: lever-press espresso coffee machine (Conti), undercounter fridge (Tef Cold), undercounter drinks fridge (Adexa), wash basin, undercounter freezer (Hoover), undercounter fridge (Montpellier), ice machine, cupboard, food blender, coffee grinder, and various shelving.
Kitchen comprising: dishwasher (Asbel), sink drainer, shelving unit, 4-ring cooker (Hotpoint), undercounter fridge (Monpelleir), grill, various shelves, and microwave (Morphy Richards).
W/C with a wash basin.

External
Frontage with 1 x bistro tables with 2 seats.

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Saturday – 9:00am – 3:00pm
Sunday – closed

Years established:
5 years

Other Information

Inventory / Stock value:
£500