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Restaurant/cafe for sale

£39,950 (£39.95/sq. ft) Offers in region of

12 Discovery Quay, Falmouth TR11

1,000 sq. ft*
Interested in this property? Call +44 121 721 9902 * or

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

Property features

  • Established business
  • Ideal first business
  • Easy to operate
  • Stunning views of the marina
  • Licenced

Property description

Leasehold Café and Dessert Bar For Sale In Falmouth
Licensed Midday-Midnight
Ref 2043

Location

This delightful business is located in the vibrant harbour town of Falmouth which offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business has stunning views of the marina and is next to the Maritime Museum. Falmouth has been voted as one of the most desirable places to live in the UK.

Business information

Asking Price: £39,950 plus sav
Turnover: £93,000 pa net of VAT
Stock: £2,000

Leasehold

Original term: 20 years
Remaining: 5 years (new lease available)
Rent: £16,000 pa
Services charges: £1363.60p pa
Rates: £5,450 pa

Business Description

Veritas Business Sales are delighted to offer for sale this respected Café business which is located in the highly popular tourist hotspot in Falmouth. The business has been established for 10 years and has been in the careful hand of my clients for the last 2 years and is reluctantly being offered for sale due to health reasons. Since ownership they have 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 currently owner operated and requires the help of 10 casual staff in the summer which reduces down to 6 in the winter months. The business enjoys an annual turnover of £93,000 net of vat and operates pre-booked creative tea parties for all ages which is very popular. The Creative Arts Cafe serves a fine selection of specialist teas, hand roasted Cornish coffees, cold drinks, breakfast sandwiches, cereals, home made soups, hot and cold sandwiches, salads, jacket potatoes, daily specials, light lunches, pasty's, pies, cakes ice-creams and offers a children's menu. All meals are freshly prepared on site using only the freshest local produce. We believe that there is further potential to increase trade by extending the current opening times, offering bistro food of an evening and you could extend the external seating on the square with a covered area and patio heaters . The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passing 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 business is not to be missed.
Opening Hours

Monday – Sunday – 9.00am – 6.00pm April-Oct
10.30am-4pm November-March

Ground Floor

Cafe comprising: Tables & chairs to cover (20), serve over chilled glass display cabinet, sales counter with electronic till (Elo), espresso coffee machine (Stylena), cold rinks chiller (Zoin), upright drinks fridge (Tef), ice cream display freezer and drop fridge for storage (Roskillys) and various wooden shelving
Kitchen with stainless steel sink drainer and work surface with under counter double freezer, stainless steel hand wash basin, microwave x 2, ice machine (Polar), toaster, stainless steel fridge (Polar), glass washer (Evolution), grill (Lincat), oven (Lincat), upright fridge ( Liebitter), panini maker, and various pots, pans, chopping boards, cups, saucers, knives and forks.
W/C and hand wash basin

External

Front covered seating for (14) and uncovered seating for (16) on the square with view of the marina
4 potted palm trees

What Zoopla users think of Falmouth

Overall rating:

  • currently 4 stars
Very good - 81% (64 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 Falmouth:

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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

  • Falmouth Town (0.2 miles)
  • Falmouth Docks (0.3 miles)
  • Penmere (0.9 miles)
  • Exeter International Airport (83.1 miles)
  • Cardiff Airport (114.3 miles)
  • The Blaye Airport (130.5 miles)
  • Falmouth Ntl Maritime Museum Ferry Landing (0.1 miles)
  • Custom House Quay (0.2 miles)
  • Falmouth Prince of Wales Pier Ferry Landing (0.5 miles)

Nearby schools

View all schools in Cornwall
  • King Charles Primary School (0.5 miles)
  • Marlborough School (0.8 miles)
  • Falmouth Primary Academy (0.9 miles)
  • Truro and Penwith College (7.9 miles)
  • Cornwall College (18.3 miles)
  • UTC Plymouth (42.2 miles)
  • Falmouth School (1.5 miles)
  • Penryn College (2.6 miles)
  • Truro High School (7.3 miles)
Note: Distances are straight line measurements

Local info for Cornwall

About the neighbours in TR11

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (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 Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd 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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