Leasehold Café & Coffee Shop Located In Saltash
Ratings / TripAdvisor 5.0 / Facebook 5.0 / Google 5.0
Ref 2831

Location
This established Café & Coffee Shop is located in Saltash, north east Cornwall. Situated within a busy parade of shops on the main thoroughfare road within the town centre. Saltash is the first town on the north east coast of Cornwall immediately across the Tamar bridge on the A30. The town faces the city of Plymouth over the river Tamar and is known as “The Gateway To Cornwall”.

Asking Price: £29,950 plus SAV (£1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Café & Coffee Shop which is located in the Cornish town of Saltash. The business was established back in 2013 and has been in the careful hands of our client for the past 4 years. The business is now being offered for so that they can enjoy a well deserved retirement.
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. No 62 is owner operated with the help of 1 full time and 2 part time staff members and has an annual turnover of circa £150,000. They serve a fine range of cooked breakfasts, freshly cut sandwiches, jacket potatoes, burgers, fish & chips and a variety of daily specials. They also serve afternoon cream tea's, cold drinks, freshly made specialist coffee and fruit teas. All fayre is freshly prepared to order on site using the finest locally sourced produce.
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 current owners have never done before and would undoubtedly be a huge success. 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 - Saturday - 9:00am - 3:30pm
Sunday - closed

Leasehold
Original term: 10 years
Remaining: 6 Years
Rent: £8,496 pa
Rates: zero

Ground Floor
Restaurant (6.4m x 4.7m) comprising: tables & chairs to cover (20), various pictures, sales counter, electronic till, glass pastry cabinet, coffee grinder, espresso coffee machine (Rancillo), various cupboards & shelves, wall mounted menu boards, cake display stand and undercounter double door drinks chiller.
W/C (2.7m x 1.7m) with wash basin.
Kitchen (4.4m x 2.7m) comprising: 2 x undercounter stainless steel fridges (Cater Cool), stainless steel prep counter, microwave (Sharps), various stainless steel shelves, salamander grill (Buffalo), 4 ring electric cooker, under counter white fridge, 2 door undercounter chiller unit with salad prep (Sterling), wash basin, extraction unit, 3 x single basket fryers (Logik), 4 slice toaster, 2 slice toaster, griddle (Buffalo), undercounter stainless steel fridge, oven (Modena), dishwasher (Asber) (Leased), sink with drainer and stainless steel trolley,

External
Frontage with tables & chairs to cover (12). Parking to the rear for (2)

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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