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Leasehold Cafe In Newquay For Sale

Newquay, Cornwall, UK
Asking Price:
£39,950 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Leasehold Cafe located in Newquay. Comes with external seating area, self contained flat and 4 offices above. Comes fully equipped and is offered with vacant possession.

Veritas Business Sales are delighted to offer for sale this outstanding Cafe which is located in the Cornish seaside town of Newquay. The business has been established for 30 years and has been in the careful hands of our clients for the past 8 years. Reluctantly the business is now being offered for sale so that our clients can enjoy a well deserved retirement.
Since ownership they have completely refurbished the premises 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. The business is no longer trading and offered with vacant possession. Historically the business turned over circa £250,000 per annum.
Reef’s of Newquay comes fully equipped and ready to trade and has internal seating for (35) and external seating for (20). The premises comes with two flats that have been used as offices before with a separate entrance.
We believe that this prime location offers huge potential and as such early viewing is highly recommended as this gem is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Original term: 12 years
Remaining: 4 years
Rent: £22,000 pa
Rates: Zero

Leasehold Rent:

£22,000 per annum

Location:

This established Café is located within a busy parade of shops on one of the main thoroughfare roads 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.

Premises Details:

Ground Floor
Restaurant/Bar (7.6m x 4.9m) comprising: 5 tables with chairs and covers for (14), various wall mounted pictures, granite top bar, coffee machine (Morphy Richards), till, under counter drinks fridge (Gamko), under counter fridge (Beko), glass washer (Newscan), drinks fridge (Gamko), various shelves, twin wash basin and storage cupboards.
W/C with wash basin, wall mounted mirror and baby changing unit.
Rear restaurant (5.7m x 6.4m) comprising: 12 tables and chairs with covers for (25), 3 under counter drinks fridges (Samsung), various wall mounted pictures and large wall mounted mirror.
Kitchen (5.6m x 3.8m) comprising: cooking range (MKN), hot plate ( Blue Seal), oven (Rational), microwave (Delonghi), single fryer, salamander grill (Blue Seal), 2 door chiller with salad prep bar (Adexa), stainless steel prep table, hot lights unit, various stainless steel shelves, dual sink with drainer, upright stainless fridge (Gram), toaster, various pots and untensils, hot plate, extractor unit and storage cupboard (2.5m x 1.5m) with various shelves and cellar equipment.
Pot wash area (1.9m x 5.8m) comprising: wash basin, coffee machine (Jura), commercial sink with directional hose, chest freezer (Haier), dishwasher ClassEQ), under counter fridge (Igenix) and upright fridge (Fridgemaster).

External
Frontage with tables & chairs to cover (24)
Rear car park for (4) cars

EPC Rating C

First Floor
Toilets for restaurant
Gents with urinals, 2 w/c and 2 wash basins
Ladies with 2 w/c, 2 sinks and a wall mounted mirror

Flat1/ Office
Office 1 (4.9m x 6.0m)
Office 2 (1.5m x 2.0m)

Second Floor
Flat 2/Office
Kitchen (3.3m x 2.3m)
Lounge (5.6m x 3.8m)
Bedroom (4.0m x 4.2m)

Third Floor
Office 3 (4.1m x 5.6m)
Office 4 (3.7m x 3.7m)

Energy Performance Rating:
C

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