Leasehold Pizza Restaurant & Takeaway Located In Penryn
Ratings Trip Advisor 4.5 / Google 4.5 / Facebook 5.0
Licenced
Ref 2947

Location
This delightful Pizza Restaurant & Takeaway is located in Penryn which is one of Cornwall's most ancient towns and boasts a wealth of history. Penryn has retained a large amount of its heritage and has been designated as an important conservation area. The vibrant town of Falmouth is within (1 mile) which offers a variety of large 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 (8,500 students). It has recently been voted as one of the most desirable places to live in the UK.

Leasehold Asking Price: £49,950 plus SAV (3,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected and very popular Pizza Restaurant & Takeaway which is located in Penryn, Cornwall. The business was established by our clients 4 years ago and is now reluctantly being offered for sale due to an unforeseen change of personal circumstances.
Since ownership they have redecorated and 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. Pizza PLS is owner operated with the help of 4 full time and 3 part time members of staff and has an annual turnover of circa £350,000. They serve a range of wood fired pizzas with their very own unique dough mix to include high quality toppings along with various starters, garlic breads, salads, dips and has a fully stocked trendy bar serving ales, ciders, wines and soft drinks.
We believe that there is further potential to increase trade by extending upon the current opening times and opening on Sundays and Mondays. The business enjoys a strong reputation within the local community and beyond and as such had a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a turnkey food business where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Tuesday - Friday - 17:00 - 21:00
Saturday - 12:00 - 21:00
Sunday & Monday - closed

Leasehold
Term: 1 year rolling lease
Rent: £11,400 pa
Reviewed: 3 yearly

Ground Floor
Bar & restaurant (5.2m x 5.6m) comprising: 2 x bench tables, 2 x tables with covers for (18), 2 x baby high chairs, various pictures, wall mounted mirrors, wall mounted menu black boards, stainless steel bar, espresso coffee machine (Ascaso), coffee grinder, table top ice cream chiller, undercounter fridge (Bosch) and 2 door drinks fridge.
Back bar (2.7m x 2.5m) comprising: glass washer (Halcyon), undercounter fridge (Beko), ice machine (Polar Ice), sink with drainer, wire shelving rack, upright fridge (Lec), CCTV and stainless steel prep table.
Kitchen (2.7m x 2.4m) comprising: large wood fired pizza oven, 2 x stainless steel prep tables, toaster, 3 door chiller unit, undercounter fridge (Polar), microwave (Morphy Richards), food blender, hot plate (Adexa), wash basin and various stainless steel shelves.
Back kitchen (5.4m x 5.4m) comprising: 4 x stainless steel prep tables, blender (Magi-Mix), meat slicer, food mixer (Kitchen-Aid), various shelves, upright fridge freezer (Polar), upright fridge (Bosch), 4 x table-top pizza ovens (Effe-Uno), extraction unit, commercial pizza dough maker (Primafood), dishwasher (Comenda), table top turbo oven (Blue-Seal),sink with drainer, various flour storage containers, various dough trays, 2 x upright fridges (Polar), chest freezer and wash basin.
W/C with wash basin.
Restaurant (13.0m x 3.7m) comprising: 10 x tables with chairs and to cover (50), feature log-burner, various menu boards and log store.

External
Frontage with seating area to cover (20). Parking for (2) and storage shed.

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.

No longer on the market

Takeaway

Features and description

About this agent

See more properties like this