Freehold Portuguese Restaurant Located In Mevagissey. 2 Bedroomed Apartment Above. Could Be Converted Back Into Residential Subject To Planning. Licenced For On & Off Sales.Only Trades 4 Months Of The Year.
Veritas Business Sales are delighted to offer for sale this well established Freehold Portuguese Restaurant which is located in the Cornish village of Mevagissey. The business was established by our clients over 30 years ago and they are now offering the business & property for sale so they can enjoy a well-deserved retirement.
Since ownership they have undertaken total refurbishment and 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 and has an annual turnover of circa £84,000. Alvorada serves a fine selection of freshly made dishes including fresh scallops, local Octopus, chargrilled whole sardines, fresh mussels, coffee, soft drinks , Portuguese wines, beers and desserts. All of which can all be enjoyed in a relaxed and cosy restaurant where all fayre is freshly prepared to order using only the finest produce which has gained them a Tripadvisor rating of 4.5 and over 2,500 Instagram followers. The property also comes with a two-bedroom apartment above.
We believe that there is further potential to increase trade should you wish, by expanding upon the current opening times and opening on Sundays & Mondays during the busy summer season. Also joining the online delivery portals such as just Eat and Deliveroo would increase revenue. The business already enjoys a strong reputation within the local community and beyond for quality of food and as such has a high level of regular repeat trade along with many visiting tourists all year round. This is a fantastic opportunity to purchase a freehold restaurant which would lend itself to a wide range of cuisines and as such early viewing is highly recommended.
