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Leasehold Coffee Shop & Cafe Located In Redruth For Sale

Redruth, Cornwall, UK
Asking Price:
£34,950 Furniture / Fixtures included
Sales Revenue:
£80,000
Cash Flow:
Available on request

Leasehold Coffee Shop & Cafe Located in Redruth. Prominent town centre trading position. Established business with low rent and further potential. Fully equipped and an ideal starter business.

Veritas Business Sales are delighted to offer for sale this respected and popular Coffee Shop & Café which is located in the Cornish town of Redruth. Hatters Coffee House occupies an early Victorian building which was originally the town’s Hat Shop and Tailors. The business was established by our clients 8 years ago and is now reluctantly being offered for sale so they can concentrate on other business interests.
Since ownership they have redecorated and continually invested in new equipment along with fixtures and 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. Hatters Coffee House is owner operated with the help of 1 part time member of staff and the annual turnover is circa £80,000 (Pre-Covid). They serve locally sourced artisan coffee (included in SW Independent Coffee Guide), organic teas, shakes along with freshly cut sandwiches, paninis, salads, daily specials, homemade cream tea’s and cakes. All fayre is freshly prepared on site to order using only the finest locally sourced produce.
We believe that there is further potential to increase trade by expanding upon the current opening times and opening in the evenings as well as weekends. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular repeat trade along with 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 as this gem is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

New Lease available
Term: negotiable
Rent: £5,000 plus vat (landlord to discuss lease options with new tenant)
Business Rates: zero

Location:

This delightful Coffee Shop & Café is located within a prominent and highly visible trading position on the main street in Redruth, Cornwall. The business gives easy access to all car parks and is surrounded by large blue chip and niche independent retailers. The main trunk road through the county the A30 provides easy access to the picturesque town of St Ives which is approximately 16 miles away. Truro City centre, is 15 miles away and the popular holiday village of Portreath which is only 4 miles away. Redruth is also on the main railway line from Paddington to Penzance.

Premises Details:

Ground Floor
Restaurant & kitchen (13.9m x 3.0m) comprising: 5 tables and chairs with seating for (13 covers), serving counter with cash register, chiller display unit, upright fridge (Beko), commercial sink, glass washer (DC Series), under counter freezer (Hotpoint), wash basin, espresso coffee machine (on lease, Simonelli), coffee grinder (Mazzer), fridge (Essen Chill ), kitchen base cabinets with oak surfaces, water heater (Marco), drinks blender (Enpee), microwave, dual hot plate (Buffalo), toaster (Caterlite), small counter top oven (Morphy Richards), various menu boards and 2 wooden baby chairs.
Front seating area (6.9m x 3.0m) with window seating and covers for (10).
Total Ground Floor seating currently 23 but can expand easily to accommodate 33-35 covers

First Floor
Function room (18.2m x 5.0m) potential for a minimum of 20 further covers
W/C with wash basin.
Office.
Storeroom.

External
Use of courtyard to the side of the shop with space for 5 tables and can accommodate (16-20) covers
Rear with mature garden and 2 garden sheds.

Energy Performance Rating:
C

Business Operation

Trading hours:

Monday – Friday – 10:00am – 2:00pm
Saturday & Sunday – closed

Years established:
8 years

Other Information

Inventory / Stock value:
£500

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