Coffee Shops for sale in Falmouth

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Coffee Shop & Tea Rooms Located In Falmouth

Falmouth, Cornwall, England

  • Leasehold Price: £89,950
  • Annual Turnover: £130,000
Seller Reference: 2297
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 2297
Request Details
Business Description
Veritas Business Sales are delighted to offer for sale Falmouth's oldest Award Winning Coffee Shop & Tea Rooms which is located on the main high street with stunning sea views. The business has been established for over 35 years and has been in the careful hands of our client since 2016 and is reluctantly being offered for sale due to personal circumstances. Since ownership they have redecorated and continually invested in new equipment along with fixtures and 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. De Wynns is very much owner operated and employs the help of 1 full time and 4 part time members of staff and for year ending December 2017 posted a turnover of £130,000 with a GP of £46,281 (75%). They serve locally sourced artisan coffee, organic teas along with cooked breakfasts, sandwiches, homemade soups, daily specials and has built a fantastic reputation for home made cream tea’s and cakes. All fayre is freshly prepared on site to order using only the finest local produce. We believe that there is further potential to increase trade should you wish by expanding upon the current opening times and opening evenings as well as Sundays & Bank holidays. The business enjoys a strong reputation locally (and nationally on Trip Advisor, Facebook and Google) for its high quality and as such has a high level of regular local trade along with many visiting tourists, some of whom have been visiting every year since opening. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed. 
Trading hours:
Winter Tuesday – Saturday – 10.00am – 4.30pm Sunday – closed Summer Tuesday – Saturday – 10.00am – 4.30pm Sunday - closed
Tenure:
Leasehold
Location Details:
This delightful Coffee Shop & Tea Rooms is located in the vibrant harbour town of Falmouth which offers a variety of blue chip and niche independent retailers and has benefited from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned on the main street in the heart of the town centre with stunning sea views and only a short walk from the marina and Maritime Museum. Falmouth has recently been voted as one of the most desirable places to live in the UK.
Leasehold Term:
Original term: 10 years Remaining: 6 years Rent: £9,600 pa Rates: £8,400
Listed by:
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