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East Street, Newquay, TR7 1DN

£79,950

East Street, Newquay, TR7 1DN

£79,950
LEASEHOLD CAFÉ/RESTAURANT/TAKE-AWAY PREMISES IN CENTRAL NEWQUAY CURRENTLY TRADING SUCCESSFULLY AS A DAYTIME ONLY CAFÉ WITH FURTHER INCOME POTENTIAL
Fronting forecourt seating area with retractable blind and seating for 12 covers. Central door leads to:

Main Cafe Area (overall depth 13.06m x maximum width 7.16m (overal)
Immediately inside the main front door is a kitchen servery to the right hand side with open aspect cooking facility and service/till area. The main café area is on 3 levels. Tiled floor. Part tiled walls. Full width fronting windows overlooking the forecourt seating area. Rear aspect windows. Tables and seating for approximately 53 covers.

Kitchen
The open aspect kitchen area with extraction includes a variety of cooking equipment and facilities/appliances for café style cooking (all equipment and fittings included with the lease, to be detailed on a separate inventory). To the rear of the Kitchen there is a separate wash up area. A door to the rear of the property leads down an internal staircase to gents and ladies toilets with a further staff door leading to a small lower ground floor preparation area with walk-in fridge and a door onto the rear access lane.

Outside
Small rear outside courtyard storage area and cellar storage room.

The Business
The premises have been successfully operated as a walk in town centre café premises serving food throughout the day, run by a local family with a small number of additional staff. The current owners trade from 8am to 5pm 7 days a week and do not open at all in the evenings. Abridged and audited trading accounts are available upon request. The premises have an A3 and take away licence with great potential for increased evening/take away trade.

The Lease
The premises are being sold as a going concern, with no ongoing staff liability. The current full repairing lease, inside the Landlord and Tenant Act commenced in 2009 for an initial period of 15 Years, expiring in 2024. The passing annual rent is £20,000, plus an insurance contribution circa £300.

Business Rates
Business Rates payable - £8213 per annum. (2016 accounts)
Viewing
Please contact our Newquay Office on 01637 875847 if you wish to arrange a viewing appointment for this property or require further information.
Disclaimer
Start & Co endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

KEY FEATURES

  • 65 Covers (12 outside)
  • Equipped and trading
  • Accounts available
  • Open kitchen with wash-up area and cellar storage
  • Rent - £20,000 per annum
  • Take away/restaurant potential
  • Town Centre location – high footfall

ASSETS:

BOOK A VIEWING

Speak to our experienced team on
01637 875847 Or click here to submit a short form with your contact details so we can arrange a viewing on this property.

Latest Reviews (7 Reviews)

Sale of Property
by kevin &sue willcock (Vendor) 10/10/2017
SUSTAINED BUSINESS RELATIONSHIP
by Brian P (Buyer) 08/07/2016
challenging purchase ended in success ??
by Rachel (Buyer) 25/05/2016

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