Freehold Coffee Shop & Creperie Located In East Looe
Ratings / Trip-Advisor 4.5 / Facebook 4.5
2 Bedroom Flat Above
Stunning Views
Licenced
Ref 2775

Location
This outstanding Coffee Shop & Creperie is located in the highly desirable harbour town and fishing port of East Looe, South East Cornwall. Its prominent and highly visible location gives easy access to the many visiting tourists and enjoys stunning views across the estuary. The costal town still retains a working fishing port and remains a great family resort with many restaurants and shops to visit all year round. Looe is (20 miles) west of Plymouth and (7 miles) south of Liskeard, divided in two by the River Looe, East Looe and West Looe being connected by a bridge.

Freehold Asking Price: £264,950 plus SAV (1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this busy Coffee Shop & Creperie business which is located in East Looe. The business was established by our clients 16 years ago and is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have refurbished, redecorated and continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included with in the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Larsson's Coffee Shop & Creperie is very much owner operated and employs the help of 1 full time member of staff and through choice trades below the VAT threshold with a turnover of £84,500. Renowned as serving the best coffee in Looe and one of the last independent coffee shops in the area they also provide a range of freshly made savoury & sweet crepes and also benefits from an alcohol licence.
We believe that there is further potential to increase turnover should you wish by opening in the evenings in the summer months. The business 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 which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - closed
Tuesday - Sunday - 10:30am - 16:00pm

Ground Floor
Café (5.2m x 3.5m) comprising: tables with chairs to cover (22), espresso coffee machine (Capri), coffee grinder (Sandreno), under counter fridge, various shelves, various bar equipment, electronic till and chest freezer.
Kitchen (1.2m x 2.5m) comprising: sink with drainer, crepe machine (Krampouz), under counter fridge (Beko), under counter freezer (Beko), small white under counter freezer, 2 ring burner (Smeg), wash basin and various shelves.
Storage cupboard.

First Floor
Bedroom 1 (3.1m x 3.0m), hallway, bathroom (1.2m x 1.2m) and laundry room (1.2 x 1.7m).
Second Floor
Sitting room (2.8m x 2.9m), bathroom (1.4m x 1.6m) and kitchen (2.3m x 2.5m).
Third Floor
Bedroom 2 (4.1m x 2.9m).
External
Tables & chairs with seating for (10).

EPC Rating

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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