Restaurants for sale in Penzance

View the "Extremely Well Regarded Restaurant in Popular Cornish Coastal Town" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 We used to use Daltons Weekly but found your website much easier to use. 

S Martin (Feb 2013)
View More
Leasehold Price: £150,000
Request Details
Business Description
a thriving and extremely well regarded quality restaurant with an enviable reputation as one of Penzance’s best restaurants. The property and business is presented to an exceptionally high standard throughout, having been well maintained and improved by our clients during their 13 years of ownership. The sale of this business represents a fantastic opportunity to purchase an extremely profitable and highly desirable catering business in a popular Cornish town. The character two storey premises offer a blend of both character features with modern contemporary furnishings and décor and the business offers potential for incoming operators to build on the successful reputation of the existing business or for incoming operators to develop their own style of trade to suit their own requirements and take advantage of the stylish and well equipped restaurant premises. The property briefly comprises:- attractive Ground Floor Restaurant comfortably seaing 32 covers; an impressive First Floor Restaurant comfortably seating 26 customers; fully equipped Commercial Catering Kitchen with ancillary and welfare facilities; al fresco Patio Area for 8 customers.
Trading Hours:

Our clients have deliberately chosen to restrict the opening hours of the business to evenings only, trading 6 evenings per week (closed Sundays) from 6:00pm until close (last orders for food 9:00pm) during the summer months and 5 evenings per week (closed Sundays and Mondays) from October until Easter. The business also closes for 2/3 weeks in January for our clients to take holidays.

Number of Employees:

husband and wife partnership, with the husband working 5 evenings per week and his wife working 1-2

Tenure: Leasehold

Location Details:

Situated just off the main town thoroughfare and shopping centre

Leasehold Term:

The business is being offered by way of a new 15 year full repairing and insuring lease with a rent of £21,500 per annum with rent reviews every 3 years. Details can be made available to interested parties.

Listed by: Stonesmith
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

Seller Reference:
Bookmark and Share
You May Also Like...