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Restaurant

0121 721 6440

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Restaurant

0 bed

0 bath

Property description & features

Leasehold
Pizza Restaurant
Prime Location
Close To The Harbour
Further Potential

Leasehold Pizza Restaurant Located In Padstow
Ratings / Facebook 4.8 / TripAdvisor 4.5
Licensed
Ref 2678

Location
This delightful Pizza Restaurant is located in the quaint fishing port and food haven of Padstow which lies on Cornwall's north coast. Centred around the attractive harbour this bustling town is an eclectic mix of fisherman's cottages and merchant's houses and fantastic restaurants. Whilst fishing and the port's trade have declined over the centuries the void has been readily filled by establishing itself as one of Cornwall's premiere holiday resorts. The success of the town can be attributed to its inherent charms but there is no denying that a certain celebrity chef's probably contributed to putting Padstow back on the map. The up market holiday resort of Rock brings tourists over daily by ferry across the estuary and the busy town of Wadebridge is just 5 miles away.

Asking Price: £119,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Pizza Restaurant which is located in a prime location in the harbour town of Padstow. The business was established by our clients 7 years ago and they are now offering the business for sale so that they can enjoy a well deserved retirement.
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 which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. This is a turn-key business with everything needed to be successful. Embers is owner operated with the help of 4 full time and 5 part time members of staff and has an annual turnover of circa £435,000.
They specialise in a fine range of wood fired pizzas, fajitas, dirty & veggie nachos, house pasta, chilli king prawn linguine, garlic bread as well as local coffee, tea and milk shakes. The restaurant is also licenced and serves various wines, local ales and cocktails. All fayre is freshly prepared to order on site and can be enjoyed in a relaxed and cosy restaurant or taken away.
We believe that there is further potential to increase trade by extending upon the current opening times and opening all day during the summer which they currently do not do. 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.

Opening Hours
Monday - Saturday - 12:00pm - 3:00pm - 5:00pm - 10:00pm
Sunday - 5:00pm - 10:00pm (Takeaway only)

Leasehold
New lease available
Rent: £25,000 pa
Business rates: Currently zero

Ground Floor
Restaurant & Bar (6.0mm x 4.3m) comprising: 8 tables with chairs to cover (26) covers, 2 large wall mounted mirrors, wall mounted menu chalk boards, electronic till (Epos), espresso coffee machine (LaSpaziale), drinks fridge (Polar), glass washer (Class EQ), 2 stainless steel under counter drinks fridges (Polar), under counter white fridge, under counter drinks fridge (Polar), various shelves, coffee grinder and drinks blender (Pro-Blend), work station

Kitchen (3.8mx 5.7m) comprising: oven (LaMona), induction hobb (Buffalo), salad prep chiller, (Blizzard), stainless steel 2 door under counter fridge with worktop, large 8 pizza oven (Goznea), 3 door chiller unit with granite worktop, saladette unit, wash basin, various stainless shelves (Vogue), sink with drainer, under counter stainless steel fridge (Polar), under counter stainless steel freezer (Polar), 2 induction hobs (Buffalo), pizza dough roller, dishwasher (Ecomax), chest freezer, drinks fridge (Polar), various work surfaces, microwave (DeLonghi) and water boiler (Aquapoint).
W/C with wash basin and wall mounted mirror.

External
Storage shed (3.6m x 3.2m available with separate rental agreement) comprising: tumble dryer (Bush), washing machine (Beko), ice machine (Whirlpool), 2 upright freezers (Polar), 2 upright fridges (Polar) and various shelves.

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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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 2678. 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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Broadband availability and predicted speed: obtained from Ofcom on March 21, 2022

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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 21, 2022

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