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Leasehold Café & Coffee Shop Located In Saltash For Sale

Saltash, Cornwall, UK
Asking Price:
£29,950 Furniture / Fixtures included
Turnover:
£150,000
Net Profit:
Available on request

Leasehold Café & Coffee Shop is located in Saltash. Prominent town centre location. Genuine retirement sale. Further potential.

Veritas Business Sales are delighted to offer for sale this outstanding café and coffee shop, which is located in the Cornish town of Saltash. The business was established back in 2013 and has been in the careful hands of our client for the past 4 years.

The business is now being offered for so that they can enjoy a well deserved retirement.
Since ownership they have completely refurbished, redecorated, and 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.

No 62 is owner operated with the help of 1 full time and 2 part time staff members and has an annual turnover of circa £150,000. They serve a fine range of cooked breakfasts, freshly cut sandwiches, jacket potatoes, burgers, fish & chips and a variety of daily specials. They also serve afternoon cream tea’s, cold drinks, freshly made specialty coffee and fruit teas. All fayre is freshly prepared to order on site using the finest locally sourced produce.

We believe that there is further potential to increase trade should you wish, by opening in the evening, especially during the summer months. This is something that the current owners have never done before and would undoubtedly be a huge success.

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.

Property Information

Property:

Leasehold

Lease Terms:

Original term: 10 years
Remaining: 6 Years
Rent: £8,496 pa
Rates: zero

Location:

This established Café & Coffee Shop is located in Saltash, north east Cornwall. Situated within a busy parade of shops on the main thoroughfare road within the town centre. Saltash is the first town on the north east coast of Cornwall immediately across the Tamar bridge on the A30. The town faces the city of Plymouth over the river Tamar and is known as “The Gateway To Cornwall”.

Premises Details:

Ground Floor
Restaurant (6.4m x 4.7m) comprising: tables & chairs to cover (20), various pictures, sales counter, electronic till, glass pastry cabinet, coffee grinder, espresso coffee machine (Rancillo), various cupboards & shelves, wall mounted menu boards, cake display stand and undercounter double door drinks chiller.
W/C (2.7m x 1.7m) with wash basin.
Kitchen (4.4m x 2.7m) comprising: 2 x undercounter stainless steel fridges (Cater Cool), stainless steel prep counter, microwave (Sharps), various stainless steel shelves, salamander grill (Buffalo), 4 ring electric cooker, under counter white fridge, 2 door undercounter chiller unit with salad prep (Sterling), wash basin, extraction unit, 3 x single basket fryers (Logik), 4 slice toaster, 2 slice toaster, griddle (Buffalo), undercounter stainless steel fridge, oven (Modena), dishwasher (Asber) (Leased), sink with drainer and stainless steel trolley,

External
Frontage with tables & chairs to cover (12). Parking to the rear for (2)

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Saturday – 9:00am – 3:30pm
Sunday – closed

Years established:
10 years

Other Information

Inventory / Stock value:
£1,000