Leasehold Coffee Shop & Tapas Located In Penryn. Prominent Town Centre Location.
Veritas Business Sales are delighted to offer for sale this respected Coffee Shop & Tapas which is located in Penryn, Cornwall. The premises has been a restaurant/cafe of some kind for over 29 years and has been in the careful hands of our clients for the past 16 months. Reluctantly the business is being offered for sale due to an unexpected change of personal circumstances.
Since ownership they have redecorated 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. Gabby’s Coffee Shop & Tapas has just closed its doors due to unforeseen personal reasons but has an annual turnover of circa £65,000 net of vat. The business served a fine range of fresh salads, paninis, hand cut sandwiches, coffees, cakes, tapas and daily specials.
We believe that there is further potential to increase trade by extending upon the current opening times, especially into the evenings and opening on Mondays in the summer months. The business enjoyed a strong reputation within the local community and beyond and as such had a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established food premises where a new purchaser can change the cuisine, which is a great base to build upon and as such early viewing is highly recommended.