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Restaurant for sale

Leasehold Sea Food Restaurant Located In Cornwall
Restaurant
Added > 14 days

Features and description

  • Established Business
  • Sea Food Restaurant
  • Prime Location
  • Turnover £850,000 pa
  • Leasehold

Veritas Business Sales are delighted to offer for sale this very popular 60 cover Sea Food Restaurant which is located in Cornwall. The business was established by our clients and is now being offered for sale due to other business commitments.

Since ownership they have 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 owner operated with the help of a number of dedicated full time and part time members of staff and has an annual turnover of circa £850,000 (based on 6 day week). The business has an excellent trading position.

We believe that there is further potential to increase revenue by expanding upon the current opening times and by continuing to trade during the winter months. 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 visiting tourists. This is a superb opportunity to purchase an established high turnover 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.

Leasehold
Remaining: 10 years
Rent: £40,000 pa
Rates: £12,000 pa

Ground Floor
Eating area: Tables and chairs, reception/sales counter, till, sink with drainer, under counter drinks fridge, espresso coffee machines, hot water dispenser, various shelves and under counter drinks fridge.

Ground Floor
Entrance
Eating area comprising: tables with chairs. Hallway to Kitchen comprising: glass washer, undercounter fridge, microwave, chiller units, various stainless steel shelves, large extraction unit, grill, stainless wash basin, complete range (fryer, burner cooker, oven solid top, 10 Grid Rational, various cooking utensils and trays, sink with drainer, dish washer), pass with heat lights, full drinks service set up.

Kitchen through to: Storeroom comprising walk in fridge, freezer various shelves, , various stainless steel shelves W/C with wash basin. Leading to: Full Office and addition store

EPC Rating E

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About this agent

Veritas Business Sales - Solihull
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
0121 721 6440
Full profileProperty listings
Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.
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