£350,000

Restaurant for sale

  1. Property photo 1 of 1.

£350,000

Restaurant for sale

Trenant Industrial Estate, Egloshayle, Wadebridge PL27

Local area information

Property location

Nearby amenities

  • Padstow Ferry Landing 0.1 miles
  • Padstow School 0.5 miles
  • Rock Padstow Ferry Landing 0.6 miles
  • St Minver School 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Padstow to find out more about the local area.

Features and description

  • Established Business
  • Sea Food Restaurant
  • Prime Location
  • Turnover £850,000 pa
  • Leasehold
Veritas Business Sales are delighted to offer for sale this very popular 60 cover Sea Food Restaurant which is located in Cornwall. The business was established by our clients and is now being offered for sale due to other business commitments.

Since ownership they have refurbished the premises and continually invested in new equipment along with fixtures & 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. The business is owner operated with the help of a number of dedicated full time and part time members of staff and has an annual turnover of circa £850,000 (based on 6 day week). The business has an excellent trading position.

We believe that there is further potential to increase revenue by expanding upon the current opening times and by continuing to trade during the winter months. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established high turnover business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Leasehold
Remaining: 10 years
Rent: £40,000 pa
Rates: £12,000 pa

Ground Floor
Eating area: Tables and chairs, reception/sales counter, till, sink with drainer, under counter drinks fridge, espresso coffee machines, hot water dispenser, various shelves and under counter drinks fridge.

Ground Floor
Entrance
Eating area comprising: Tables with chairs. Hallway to Kitchen comprising: Glass washer, undercounter fridge, microwave, chiller units, various stainless steel shelves, large extraction unit, grill, stainless wash basin, complete range (fryer, burner cooker, oven solid top, 10 Grid Rational, various cooking utensils and trays, sink with drainer, dish washer), pass with heat lights, full drinks service set up.

Kitchen through to: Storeroom comprising walk in fridge, freezer various shelves, various stainless steel shelves W/C with wash basin. Leading to: Full Office and addition store

EPC Rating E

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cornwall
  4. Wadebridge
  5. Egloshayle
  6. Trenant Industrial Estate

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