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£125,000Restaurant for sale
East Looe, East Looe PL13
Restaurant
Features and description
- Charming Seaside Café
- 16 Seats
- Fully Equipped Kitchen
- Highly Reputable and Award-Winning
- Prime Location Nr Beach & Amenities
- Great Potential for Business Growth
- 975yrs left on lease, Rent Nil , Ground Rent £1 per year,
LOCATION
Daisy’s Café is ideally situated on Castle Street, just off the bustling Fore Street in Looe. This prime location benefits from high pedestrian traffic between the heart of the town and the popular South West Coast Path. Looe, a charming fishing town and seaside destination, is renowned for its picturesque harbour and beach, attracting a steady flow of tourists. The town is ideally situated just 20 miles west of Plymouth, offering excellent transport links, including a train station with mainline connections to major cities. This accessibility makes it a convenient destination for both residents and visitors alike.
DESCRIPTION
This delightful, character-filled café has been thoughtfully improved by its current owners, featuring a vibrant, retro-inspired theme. The property offers a cosy, well-presented ground-floor café with seating for 16 guests, showcased by a charming bay window at the front, along with a stable door entrance. The café is equipped with a comprehensive commercial kitchen, a wash area, storage spaces, and a customer cloakroom. All business equipment is owned outright making it a turnkey operation offering lower operating costs.
BUSINESS MODEL
Daisy’s Café operates primarily as a daytime establishment, offering a variety of breakfasts, lunches, homemade cream teas, cakes and refreshments from February to December. For new owners, there is significant potential to increase business by extending the operating hours or introducing evening hours. The lease also includes provision for conversion to a residential property.
Business accounting information will be available to seriously interested parties following an initial viewing.
PROPERTY INFORMATION
Services: Mains water, drainage, electricity and gas.
Business Rated - May be subject to small business rates relief
Tenure: Leasehold of 999 years from 1st May 2000
Ground rent - £1.00 per year
Rent - Nil.
Maintenance - Third of any external works. The building had a new new roof in 2019.
Business Insurance (2024) - £522.10
Share of Buildings Insurance (2024) - £251.23
Fixtures and Fittings The sale includes all fixtures and fittings.
Daisy’s Café is ideally situated on Castle Street, just off the bustling Fore Street in Looe. This prime location benefits from high pedestrian traffic between the heart of the town and the popular South West Coast Path. Looe, a charming fishing town and seaside destination, is renowned for its picturesque harbour and beach, attracting a steady flow of tourists. The town is ideally situated just 20 miles west of Plymouth, offering excellent transport links, including a train station with mainline connections to major cities. This accessibility makes it a convenient destination for both residents and visitors alike.
DESCRIPTION
This delightful, character-filled café has been thoughtfully improved by its current owners, featuring a vibrant, retro-inspired theme. The property offers a cosy, well-presented ground-floor café with seating for 16 guests, showcased by a charming bay window at the front, along with a stable door entrance. The café is equipped with a comprehensive commercial kitchen, a wash area, storage spaces, and a customer cloakroom. All business equipment is owned outright making it a turnkey operation offering lower operating costs.
BUSINESS MODEL
Daisy’s Café operates primarily as a daytime establishment, offering a variety of breakfasts, lunches, homemade cream teas, cakes and refreshments from February to December. For new owners, there is significant potential to increase business by extending the operating hours or introducing evening hours. The lease also includes provision for conversion to a residential property.
Business accounting information will be available to seriously interested parties following an initial viewing.
PROPERTY INFORMATION
Services: Mains water, drainage, electricity and gas.
Business Rated - May be subject to small business rates relief
Tenure: Leasehold of 999 years from 1st May 2000
Ground rent - £1.00 per year
Rent - Nil.
Maintenance - Third of any external works. The building had a new new roof in 2019.
Business Insurance (2024) - £522.10
Share of Buildings Insurance (2024) - £251.23
Fixtures and Fittings The sale includes all fixtures and fittings.
About this agent
Popes Estate Agents are an Independent Estate Agents, established in 1992 by proprietor, John Pope. We are based in South East Cornwall and cover the coastal town of Looe and the surrounding areas. We specialise in the sale of residential property, new homes, business transfer and auctions. We also provide comprehensive letting and property management. Situated in a prime position of No.1 Fore Street, we are open 7 days a week, including bank holidays and so we will endeavour to never miss that prospective buyer. We aim to have a fresh approach to buying and selling houses. With a team of dedicated, friendly, and honest staff with extensive local knowledge, we are committed to providing a truly professional service