• A SUPERBLY PRESENTED CAFÉ/TAKEAWAY SITUATED IN THE HEART OF THE CITY
Price:
Leasehold - £69,950
Location:
Cornwall, Truro
Business Type:
Commercial Property, Food Service Businesses
• TRADING SINCE APRIL 2006 WITH CONSISTENT YEAR ON YEAR GROWTH
• SUPERB HUSBAND AND WIFE OPPORTUNITY
• 5 COVERS ON GROUND FLOOR, 26 COVERS ON FIRST FLOOR
• WELL EQUIPPED KITCHEN
• EXCELLENT LEVELS OF REPEAT BUSINESS
• INTERNAL VIEWING HIGHLY RECOMMENDED
The Lunch Café enjoys an excellent level of takeway trade and affords comfortable ground and first floor seating areas for those wishing to eat on the premises. Our clients have, in addition to the aforementioned, actively pursued the business market place and now supply a number of local businesses with sandwiches and finger food for meetings and functions etc.
In recent years this attractive 2 storey red brick building has undergone an extensive programme of refurbishment providing comfortable customer dining space with an extremely well equipped and thoughtfully laid out kitchen area which is readily managed by 1 person.
The abridged profit and loss accounts for the year ending 31/08/09 show net sales of £97,279, producing a gross profit of £61,313, with an adjusted net profit in the region of £30,000 after adding back £5,000 of wages and our client’s personal expenditure. The business currently trades between 8am and 4pm, Monday through to Saturday with consent to trade until 6pm, opening on Sundays between the hours of 10am and 4pm. The Lunch Cafe is family run and is, in our opinion, an ideal husband and wife operation.
To be offered with the remainder of a 15 year lease (commenced 17th September 2007), with a 4 yearly rent review pattern and a commencing rental of £12,000 per annum on a full repairing and insuring basis.
UK Non-Specific
£ 800,000
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