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Leasehold Cafe And Restaurant Located In Perranporth For Sale

Perranporth, Cornwall, UK
Asking Price:
£44,950 Furniture / Fixtures included
Turnover:
£79,000
Net Profit:
Available on request

Leasehold Café & Restaurant located in Perranporth. Town centre location. Established business. Licensed and easy to operate.

Veritas Business Sales are delighted to offer for sale this outstanding Café/Restaurant which is located in the Cornish seaside town of Perranporth. The business was established by our clients back in 2011 and moved to new premises in 2018. The business is now being offered for so that our clients can enjoy a well deserved retirement.
Since ownership they have completely refurbished, redecorated 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.

Stepping Stones is owner operated with the help of 2 part time staff members and has an annual turnover of circa £79,000. They serve a fine range of cooked breakfasts, freshly cut sandwiches, jacket potatoes, burgers, fish & chips and a variety of other main meals which includes a roast on Sunday.

They also serve afternoon cream tea’s, cold drinks, freshly made specialist coffee, fruit teas and they also benefit from an alcohol licence.
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: 6 years
Remaining: 2 Years
Rent: £10,000 pa
Rates: zero

Location:

This established Café/Restaurant is located in Perranporth. Situated within a busy parade of shops on the main thoroughfare road within the town centre. Perranporth is a seaside resort town on the north coast of Cornwall which lies (4 mile) east of the St Agnes Heritage coastline and around (8 miles) south west of Newquay. It’s the beach everyone raves about and billed as a great place for surfing, snorkelling, sailing and generally splashing around.

Premises Details:

Ground Floor
Restaurant (6.9m x 4.9m) comprising: tables& chairs to cover (20), various pictures, sales counter, electronic till, box freezer, upright drinks fridge, coffee machine (Bravilor) and various under counter shelves.
W/C (2.0m x 1.8m) with wash basin.
Kitchen (4.9m x 1.9m) comprising: extraction canopy, sink with drainer, hot water dispenser, microwave (Panasonic), plate warming oven, stainless steel prep table, dishwasher (Fagor), undercounter fridge, upright fridge freezer (Beko), 6 ring gas oven, hotplate and various shelves.

External
Frontage with tables & chairs to cover (12).

Business Operation

Reasons for selling:

Retirement

Trading hours:

Winter
Wednesday – Sunday – 9:00am – 2:00pm
Summer
Tuesday – Sunday – 9.00am – 5.00pm

Other Information

Inventory / Stock value:
£2,000