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Restaurant

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0121 721 6440

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Restaurant

0 bed

0 bath

Property description & features

Leasehold
Italian Restaurant
Substantial Two Bedroom Owners Accommodation
Town Centre Location
Operates On Short Hours
Licensed

Leasehold Restaurant Located In Falmouth
Substantial 2 Bedroom Owners Accommodation
Licensed
Ref 2618

Location
This respected Bar & Restaurant is located in the vibrant harbour town of Falmouth which offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned on the main street in the heart of the town centre and close to the cinema, bus station and only a short walk from the marina and Maritime Museum. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Asking Price: £24,950

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Restaurant which is located in the harbour town of Falmouth. The business was established by our clients 7 years ago and they are now offering the business for sale so that they can concentrate on other business interests.
Since ownership they have continually invested in new equipment along with fixtures & fittings which are all
bought and paid for and included within the sale price. The business already enjoys a 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 with further potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Tuesday - Saturday - 6:00pm - 9:00pm
Monday & Sunday - closed

Leasehold
Original term: 12 years
Remaining : 4 years (Dec 2026)
(Landlord & Tenant Act protected)
Rent: £12,500 pa
Rent review Dec 2023
Business rates: Currently zero
Council Tax (Living Accommodation Band A)

Ground Floor
Restaurant (4.3m x 7.5m) comprising: 10 tables with covers for (24), various shelving, window display, serving counter, ice cream display fridge, chiller display unit,electronic till, under counter drinks fridge and various shelves
Kitchen (5.7mx 3.3m) comprising: plate warmer (Caterlux), wash basin, sink with directional hose and drainer, dish washer with feed, various wire racking, stainless steel shelf, oven with 3 hot plates (Falcon), extraction unit, 2 door chiller unit (Blizzard), various kitchen utensils, 3 door chiller unit (Polar), 2 oven pizza (12) (Italforni Pesaro)
W/C with wash basin and wall mounted mirror.
Store cupboard.

External
Rear courtyard with bin storage & staff toilet.

First Floor
Owners accommodation
Lounge (4.2m x 8.6m), Hallway, Kitchen (4.7m x 2.6m), Bathroom (1.5m x 2.8m).
Second Floor
Bedroom1 (6.1m x 3.1m) Double, Bedroom 2 (3.0m x 4.8m) Double, Landing area (3.8m x 3.0m).

EPC Rating E

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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What is your home worth?

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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Property reference 2618. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

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