Restaurants for sale in Falmouth

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Refurbished Bar/Restaurant (65 cover) in Falmouth

Falmouth, Cornwall, England

  • Leasehold Price: £95,000  Price Reduced arrow_drop_down
Seller Reference: B41103
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Business Description
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Seller Reference: B41103
Request Details
Business Description
Popular area of Falmouth
Well equipped throughout
Consistent sales/profits
Remainder of secure lease
Genuine reason for sale
EPC: G174
Location Details:
Bahama Mama's is a three storey building located on The Moor in Falmouth which has, during our clients 6 year tenure (1 year as Bahama Mamas) undergone a top down refurbishment in terms building works, decor, branding and the equipment. The business has two principal trading areas, the bar / restaurant on the Ground Floor and a dining / function room on the First Floor, with an interesting mezzanine area. On the Second Floor are a number of rooms, currently used for storage.
Leasehold Term:
We understand the business is held by way of a 12 year lease commenced 14th January 2013, at a current passing rental of £16,000 per annum, on a full repairing and insuring basis, with rent reviews in January 2019 and 2022. We are advised the lease enjoy
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