Truro City Centre Leasehold Café & Coffee Shop with High Ratings for Sale
Truro, Cornwall
- Status
FOR SALE
- Date Submitted:
31/01/23
- Advert ID
507556
- Reference
2827 / Rightbiz
- Call Agent:
- Leasehold: £21,750
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Leasehold Café & Coffee Shop Located In Truro City Centre
Leasehold Café & Coffee Shop Located In Truro City CentreRatings / TripAdvisor 5.0 / Google 4.8 / Facebook 4.9
Award Winning
Ref 2827
Location
This delightful Café & Coffee Shop is located in Truro city centre. Situated within a prominent and highly visible trading position close to the Theatre, Cathedral and shoppers car parks. Truro is the retail hub of the county boasting a string of large blue chip and niche independent retailers along with an array of bars and restaurants.
Leasehold Asking Price: £21,750 plus SAV (£500)
Business Description
Veritas Business Sales are delighted to offer to the market this respected Café & Coffee shop which is located in the vibrant city centre of Truro. The business was established back in 2012 and has been in the careful hands of our client since 2018. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have 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. Grounded is owner operated with the help of 1 full time member of staff and has an annual turnover of circa £84,000. They serve locally sourced artisan coffee and organic teas along with fresh pastries, breakfasts, freshly cut sandwiches, homemade soups, daily specials and cakes. All fayre is freshly prepared on site to order using only the finest locally sourced produce.
We believe that there is further potential to increase trade should you wish by, opening evenings as well as Sundays and bank holidays. The business enjoys a strong reputation locally and beyond for its high quality and as such has a high level of regular repeat trade along with many visiting tourists. 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.
Opening Hours
Monday – Saturday – 9:00am – 3:00pm
Sunday – closed
Leasehold
Original term: 6 years
Remaining: 5 years
Rent: £7,500 pa
Rates: zero
Ground Floor
Cafe comprising: wooden serving counter with epos cash register (on lease), 3 high stools with breakfast bar, 2 hand crafted wooden tables each with 4 chairs, menu blackboards, wall mounted display shelving unit.
Servery/prep area comprising: lever-press espresso coffee machine (Conti), undercounter fridge (Tef Cold), undercounter drinks fridge (Adexa), wash basin, undercounter freezer (Hoover), undercounter fridge (Montpellier), ice machine, cupboard, food blender, coffee grinder and various shelving.
Kitchen comprising: dishwasher (Asbel), sink drainer, shelving unit, 4 ring cooker (Hotpoint), undercounter fridge (Monpelleir), grill , various shelves, and microwave (Morphy Richards).
W/C with wash basin.
External
Frontage with 1 x bistro tables with 2 seats.
EPC Rating D
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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