This property is no longer on the market
Restaurant
Property description & features
- Leasehold
- Cafe & Restaurant
- Licensed
- Prime Location
- Turnover £622,453 pa
Leasehold (Licensed) Café & Restaurant Located In Newquay
Ratings / TripAdvisor 5.0 / Facebook 4.9 / Google 4.7
Prominent Town Centre Location
Ref 2732
Location
This established leasehold Café & Restaurant is located within a busy parade of shops on the main thoroughfare road in Newquay town centre. Newquay is one of the nation's favourite seaside towns, exudes the laid back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort, all wrapped up in the most fantastic coastal scenery.
Asking Price: £179,950 plus SAV (£2,000)
Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Café 7 Restaurant which is located in the Cornish seaside town of Newquay. The business was established by our clients back in 2015 and moved to new premises in 2020. Reluctantly the business is now being offered for sale due to other business commitments need their attention.
Since ownership they have completely refurbished, redecorated and 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. Box & Barber is overseen by the owners but operated by a team of 7 full time and 7 part time members of staff (depending on the time of year) and for year ending 31st March 2022 posted a turnover of £622,453 net of vat. They serve simple rustic food to include breakfasts, brunch & lunches, toasties, burgers, they are particularly well known for their espresso drinks and fresh pastries.
We believe that there is further potential to increase trade should you wish, by opening in the evening especially during the summer months. This is something that the owners have never done before and would undoubtably be a huge success. A more hands on owner operator could significantly reduce staff costs and increase profits. The business enjoys a very 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 which is a great base to build upon and as such early viewing is highly recommended.
Opening Hours
Monday - Sunday - 10:00am - 3:00pm
Leasehold
Original term: 12 years
Remaining: 9 Years Rent: £18,400 pa
Rates: £3,300 pa
Ground Floor
Restaurant (6.1m x 7.8m) comprising: 12 tables with chairs and covers for (26), breakfast bar with 3 tall stools various ceiling and wall lights, various pictures, sales counter with granite surface, glass display case (Lincat), large glass fronted chiller unit, coffee grinder (Victoria Arduino), 2 stainless steel trolleys, cash register, under counter milk fridge, espresso coffee machine (La Merzocco) and ice machine (Scotsman).
Rear restaurant (6.6m x 3.3m) with tables and chairs with covers for (20) and various pictures.
W/C (1.0m x 1.2m) with wash basin and wall mounted mirror.
Kitchen (7.4m x 2.2m) comprising: upright drinks fridge (Interlevin), upright freezer (Gram), 3 stainless steel prep tables, under counter freezer (Blizzard), under counter fridge (Blizzard), 2 drink blenders (Nutri-bullet), various stainless shelves, food blender (Magi-mix), glass washer (Blue Seal), wash basin, 3 door stainless chiller unit with salad station (Electrolux), griddle (Daulex), various stainless shelves, dishwasher (Electrolux), sink with drainer, stainless prep table, upright commercial fridge (Tefcold), 2 door commercial chiller unit, induction hob (Zyeo), 2 basket fryer (Buffalo), cutlery station (Lincat), 2 hotplates with oven (Lincat), salamander grill (Lincat) and extraction unit.
Storeroom (2.7m x 2.7m) with 2 door chiller unit, upright freezer (Polar)and various shelving units.
External
Seating with benches, tables &chairs and covers for (18)
EPC Rating D
Places of interest
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
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