Stunningly appointed central Truro cocktail bar and restaurant rarely available on the open market. Boho 18 has been trading since 2024 and is available due to our clients pursuing other business interests. All fixtures and fittings are included and we are instructed to seek offers in excess of £60,000 for this iconic leasehold business.
- Asking Price:
- £60,000 Furniture / Fixtures included
- Turnover:
- £400,000
- Net Profit:
- On request
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- Existing
- Lease Terms:
-
The business is available by way of a lease assignment. The lease commenced in December 2023 for a 7 year term at an annual rent of £25,000. There is a rent review due in December 2026. Please note that a tapas bar is not permitted to trade from the premises.
- Leasehold Rent:
-
£25,000 per annum
- Location:
-
In the heart of Truro close to the Cathedral, numerous local car parks and in a setback position due to its front courtyard/seating area which is unusual for Truro and is a real bonus.
- Premises Details:
-
The Old Grammar School is close to 500 years old and is Grade II listed. It was historically, of course, the grammar school prior to Truro Grammar School relocating in 1877. In recent times it has been a cocktail bar and restaurant. It comprises an attractive courtyard seating area with two large parasols with built in heaters, inside is an open plan serving area with bar, commercial kitchen, W/Cs and storage.
- Energy Performance Rating:
- E
Business Operation
- Management type:
- This business has absentee ownership.
- Reasons for selling:
-
To downsize business operations.
- Years established:
- 1
