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Restaurant/cafe for sale

£59,950 Guide price

Maharaaj Indian Restaurant, 3-4, River Street, Mevagissey, Cornwall PL26

Interested in this property? Call +44 1872 395926 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Unopposed indian restaurant & takeaway
  • Well equipped kitchen & restaurant
  • Early viewing strongly recommended
  • May suit other food genres
  • Popular tourist location

Property description

A very well equipped Indian Restaurant and Takeaway in the delightful fishing village of Mevagissey on Cornwall's attractive South Coast close to both The Lost Gardens Of Heligan and the Eden Project.

Situation

The Maharaaj Indian Restaurant is situated in the charming fishing village of Mevagissey on Cornwall's picturesque south coast. Mevagissey has a growing resident population and attracts tens of thousands of visitors year round and is one of the most picturesque harbours within the sw.

There are several holiday parks, hotels and accommodation providers within the area owing to Mevagissey's proximity to the Lost Gardens of Heligan and the internationally renowned Eden Project.

Description

This lock-up leasehold Indian Restaurant has been under our current client's control for approximately 3 years and was previously an Indian Restaurant for several years prior to this.

The Maharaaj enjoys an unopposed position within the village and surrounding areas and we are advised that the business achieved a turnover in the region of £280,000 to £300,000 for the last financial year full accounting information will be made available subject to a viewing appointment in the usual manner.

The Accommodation Comprises

(all areas and dimensions are approximate)

Restaurant/Bar Area

10.2m x 9.35m. Large multi pane window to the front elevation, laminate flooring throughout, tables and chairs for approximately 60 covers, small waiting area with a settee and coffee table.

Bar Servery

Comprising a triple bottle fridge, stainless steel sink and drainer, recently refitted mirror backed shelving.

Ladies And Gents Wc's

Kitchen

11.56m x 4.41m. A very large commercial kitchen equipped a range of specialist catering equipment including a gas fired Tandoori oven and Indian restaurant gas cooker, a number of fridges and freezes, tiled flooring throughout, a wash up area, a recently upgraded extractor system and a door to the rear courtyard. To the rear of the Kitchen is a dry store and pantry

Outside

To the rear of the property is a courtyard for bin storage etc.

Tenure - Leasehold

The premises are offered by assignment of the existing 15 year proportional repairing and insuring lease which commenced 25th November 2013 for a term of 15 years subject to 3 yearly rent reviews with the current passing rent payable being £15,000 per annum rising to £16,000 from the first of June this year.

General Information

Local Authority

Cornwall Council
General Enquiries Planning

Energy Performance Certificate

The Energy Performance Rating for this property is within Band E.

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Premises Licence

We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.

Business Rates

We refer you to the government website .

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: South West Water: Transco:

Stock

To be taken at valuation.

Superfast Broadband

For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit .

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information

For further information or an appointment to view please contact either:-

Graham Timmins on or via email or
Paul Collins on or via email or
Beverly Northey on or via email

Plans: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

Agents note: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial llp registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial llp is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial llp. VAT Registration No.

viewing: Strictly by prior appointment through Miller Commercial.

Property info

What Zoopla users think of Mevagissey

Overall rating:

  • currently 3 stars
Good - 61% (17 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Mevagissey:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • St Austell (4.8 miles)
  • Par (6.9 miles)
  • Luxulyan (8.5 miles)
  • Exeter International Airport (68.5 miles)
  • Cardiff Airport (100.3 miles)
  • Bristol Airport (118.7 miles)
  • Mevagissey Ferry Landing (0.3 miles)
  • Polruan Ferry Landing (7.9 miles)
  • Fowey Ferry Landing (8.0 miles)

Nearby schools

View all schools in Cornwall
  • Mevagissey Community Primary School (0.6 miles)
  • Gorran School (2.1 miles)
  • Pondhu Primary School (4.3 miles)
  • Cornwall College (5.2 miles)
  • Truro and Penwith College (13.8 miles)
  • UTC Plymouth (28.1 miles)
  • Penrice Academy (4.7 miles)
  • Restormel Alternative Provision Academy (4.8 miles)
  • Poltair School (5.0 miles)
Note: Distances are straight line measurements

Local info for Cornwall

About the neighbours in PL26

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For more information about this property, please contact
Miller Commercial, TR1 on +44 1872 395926 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Miller Commercial, and do not constitute property particulars. Please contact Miller Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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