Freehold Restaurant (Licensed) Located In Menheniot Near Liskeard
Owners 3/4 Bedroom Accommodation
(Positioned In The Very Much Desired Menheniot Parish Development Zone)
Ref 2704

Location
This well established Freehold Restaurant is located in the desirable village of Menheniot in Cornwall. Situated just off the (A38) and is (2.5 miles) from the market town of Liskeard, on the southern edge of Bodmin Moor and 20 minutes from the city of Plymouth. Liskeard has good road access to the coastal towns of Looe and Polperro as well as easy access to the (A38) link road that services the whole of Cornwall. The main London to Penzance railway network makes Liskeard particularly accessible to both tourists and business people.

Freehold Asking Price: £449,950 plus SAV (£3,000)

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Freehold Restaurant which is located in the village of Menheniot near Liskeard. The business was established 40 years ago and has been in the careful hands of our clients for the past 7 years. 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 which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Hay Loft is owner operated with the help of 6 full time and 6 part time member of staff and for year ending 31st March 2020 posted an annul turnover of £217,561.
They serve a fine range of rustic classics to include fish & chips, crab and beef fillet being amongst the most popular. A daily catch of the day option is also is featured on the menu. All can be accompanied with some local ales an fine wines. All fayre is freshly prepared to order on site using only the finest local produce which has gained them a TripAdvisor certificate of excellence with a 4 star rating, Taste of The West Gold Star and Good Food award winners medal for 2021.
We believe that there is further potential to increase trade should you wish by extending upon the current opening times and opening lunchtimes, 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 as this is one not to be missed.

Opening Times
Monday - Saturday - 5:00pm - 9:00pm
Sunday - 12:00pm - 3:00pm

Ground Floor
Entrance/Bar (5.9m x 4.3m) comprising : 3 bench seats, various cushions, coat stand, 2 children's high chairs, various pictures, espresso coffee machine, coffee grinder, various shelving, under counter drinks fridge, usual bar equipment, built in wine rack and EPOS till system.
Gents (4.0m x 1.6m) with 3 urinals, W/C, 2 wash basins, wall mounted mirror.
Ladies (1.6m x 2.2m) with 2 x W/C's and 2 wash basins.
Restaurant 1 (7.9m x 5.1m) with 9 tables with chairs to cover (30) and various pictures.
Kitchen (4.5m x 3.6m) comprising: chest freezer (Bush), stainless prep table (Vogue), ice machine (Polar), glass washer (Halcyon), sink with drainer and upright double door freezer.
Pot-Wash (4.6m x 5.0m) with commercial sink with drainer, dishwasher with dual feed (ClassEQ), 2 stainless steel prep tables (Vogue), dumb waiter shaft to first floor and upright freezer (Gram).
Laundry room (3.5m x 3.4m) with various shelves.
Cellar (3.9m x 1.8m) fitted with all usual cellar requirements.

First Floor
Restaurant 1 (6.5m x 5.3m) with 5 tables with chairs to cover (26), storage cupboard and various pictures.
Restaurant 2 (6.0m x 5.1m) with 7 tables with chairs to cover (22) and various pictures.
Storeroom (0.7m x 1.5m) with various shelves.
Kitchen (4.1m x 4.5m) comprising: oven (Rational), salamander grill (Blue Seal), 6 burner oven (Lincat), 3 door chiller unit (Polar), stainless steel plate warming unit with hot lamps, hot plate, 2 basket fryer (Lincat), bain-marie, extraction canopy and double sink with drainer.
Prep room (5.0m x 3.6m) comprising: single fryer, stainless steel salad prep chiller unit, commercial sink with drainer, commercial food mixer (Chef Quio), commercial food mixer (Buffalo), various shelving, chest freezer, walk in chiller unit, under counter white fridge (Frigidaire), stainless steel prep table, stainless steel corner table, dumb waiter lift shaft to ground floor.

Owners Accommodation
Ground Floor
Entrance (6.7m x 2.0m)
Lounge (4.9m x 4.1m)
Kitchen (4.1m x 4.2m)
First Floor
Bedroom 1 (2.6m x 4.0m)
Bedroom 2 (4.5m x 3.7m)
Bedroom 3/Office (2.6m x 3.4m)
Bathroom (3.2m x 1.5m) with bath/shower, W/C and wash basin
Second Floor
Bedroom 4 (5.4m x 4.8m)

External
Car park with parking for (40) vehicles

EPC Rating C

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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