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Leasehold Café & Fish/Chip Restaurant/Takeaway In Mevagissey For Sale

Mevagissey, Cornwall, UK
Asking Price:
£89,950 Furniture / Fixtures included
Sales Revenue:
£114,244
Cash Flow:
Available on request

Leasehold (Licensed) Café & Fish & Chip Restaurant/Takeaway located in Mevagissey. Only trades March - September.

Veritas Business Sales are delighted to offer for sale this very popular Café & Fish & Chip Restaurant/Takeaway business which is located in Mevagissey. The premises has traded as a Fish & Chip Takeaway for over 100 years and has been in the careful hands of the current owners for the last 30 years. Reluctantly the business is now being offered for sale so that our clients can enjoy a well deserved retirement.
Since ownership they have refurbished, redecorated and continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included with in 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 very much owner operated and employs the help between 4 & 8 part time seasonal members of staff and has an annual turnover of £114,244. Central Café serves a fine range of freshly cooked breakfasts, fish & chips, pies, burgers, sandwiches, condiments and hot & cold drinks to include tea & coffee. All food is freshly prepared to order on site using only the finest local produce. The bar is fully stocked with a selection of local beers and fine wines from around the globe.
We believe that there is further potential to increase turnover should you wish by opening all year around. This would ideally suit a husband & wife partnership. 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 business with plenty of potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

New FRI 14 year lease
(being negotiated)
Rent: £28,000 pa
Reviewed: 3 yearly
Business rates: £5,489 pa

Location:

This delightful Café & Fish & Chip Restaurant/Takeaway is located in the stunning Cornish fishing village of Mevagissey. Situated within a prominent and highly visible trading position on The Market Square. The village has a number of complementary independent retailers and enjoys high levels footfall and tourism especially during summer months. Mevagissey is a picturesque working fishing harbour with a population of circa (2,015) situated (5 miles) south of St Austell.

Premises Details:

Ground Floor
Restaurant 1 (6.1m x 4.4m) with 12 wooden tables with chairs and covers for (42) and various menu boards.
Kitchen/Frying area (4.9m x 5.7m) comprising: glass food display cabinet, draft beer dispenser with chillers, sales counter, electronic till, coffee machine (Presto), hot water dispenser (Instanta), various shelves, 2 door chiller unit (Polar), 2 door drinks fridge (Polar), 3 pan frying range (frank-Ford), upright drinks fridge, 2 door under counter freezer with work surface (Polar), 2 door fish fridge (Pollo), 4 pot bain-marie (Electroway), electronic till, commercial microwave (Sharp) and wash basin.
Storeroom (2.0m x 2.0m) with walk in freezer, upright stainless fridge (Polar) and various shelves.
Kitchen (3.2mm x 3.3m) comprising: 6 burner cooker (Falcon), 5 x commercial microwaves (Sharp), salamander grill (Buffalo), salamander grill (Blue Seal), 2 toasters, work top griddle, wash basin, 4 stainless steel prep table, various shelves, extraction unit, commercial upright freezer (polar) and 2 door chiller unit with granite work surface (Polar).
Chipping room (3.7m x 2.6m) comprising: ice machine, potato chipper (Hopkins), potato rumbler (Crypto), 2 large chip buckets, sink with dual drainer, stainless steel prep table and dish washer (Blue Seal).
Restaurant 2 (6.8m x 3.7m) with 10 wooden tables and chairs with covers for (38) and various menu boards.

First floor
Gents W/C with wash basin.
Ladies W/C with wash basin.
Flat 1 comprising: kitchen dinner (5.7m x 3.9m), lounge (4.8m x 3.0m) and bedroom en-suite (2.9m x 4.8m).

Second Floor
Flat 2 comprising: kitchen (3.7m x 3.7m), bathroom (2.3m x 3.3m), lounge (4.3m x 3.8m), bedroom 1 (2.6m x 3.6m, bedroom 2 (3.7m x2.5m).

Business Operation

Reasons for selling:

Retirement

Trading hours:

March – September Monday – Saturday – 10:30am – 8:30pm Sunday - closed

Years established:
100 years

Other Information

Inventory / Stock value:
£2,000

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