Scroll To Top


Newquay, Cornwall
Leasehold Price:
Find more details, or book a viewing:
Advert ID
E7651RB / Rightbiz


LOCATION:               On the main shopping street amongst independent, multiple traders and hotels with a beautiful beach with terrace seating overlooking the clear ocean from the rear of the premises and ample free street parking.


DESCRIPTION:        On the ground is the forecourt with a large counter section inside comprising the A1/A3 use deli section with sandwiches, etc., a hot food section and a bar; all tastefully decorated. The seating area accommodates up to 60 covers and the owner also has a few sofas which can be laid out to suit a buyer’s requirements. There is also a large terrace on the ground floor overlooking the beautiful ocean.


                                    On the first floor is the A3 use restaurant (with full alcohol licence) with bar, seating for 40 and 3 booths, another large terrace overlooking the ocean, a dumb waiter plus ladies, gents wc’s.


                                    On the second floor with A3 use is the room, an office, a fully fitted and equipped kitchen, plenty of storage areas, staff wc and a side alley encompassing the bin area.


BUSINESS:               Run by the manager with 5/6 part time staff averaging £125,000 pa from the ground floor only takings (on books) at 65/70% gp. The takings increase to £20,000 per month during the summer months. Great potential exists for the first floor restaurant as the owner has only concentrated on the ground floor thus far.


HOURS:                     5 Day week. Closed Monday and Tuesday. Open Wednesday to Sunday 8 am to 4 pm. Closed annually from 16 December to 1st February.


COMMENTS:            The turnover was £125,000 from the ground floor only when the restaurant was closed. The takings would increase to £20,000 per month in the summer when the restaurant is open. The owner has only concentrated on the ground floor in the past so much potential exists to develop the restaurant area on  the first floor.


TENURE:                   Held on 2 renewable leases to 2031 at annual rents of £12,000 plus VAT and £16,000 plus VAT with 5 yearly rent reviews. Next review in 2021. Rates payable £7,800 pa.  


VIEWINGS:                     By appointment only (staff unaware).


NEGOTIATIONS:     Strictly through PEGASUS BUSINESS SALES on 020 7935 3939

Listing Details
Leasehold Price: £265,000
Tenure: Leasehold
Sector: Restaurants, Cafes, Delicatessens
Annual Turnover: £125,000
Annual Net Profit: Available upon request
Key Features
  • Planning Consent Available
  • Town Centre location
  • Unique Business
  • With Car Park
  • Retirement Sale
  • Open Plan Trading Area
  • Fully Fitted
  • Established Business
  • Attractive Business
  • Accounts Available
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.

Related Businesses for Sale

Pegasus Business Sales
Cafe & Sandwich Bars For Sale in...
Huddersfield, West Yorkshire
Chinese Restaurants
Pegasus Business Sales
100 Cover Well Established Chinese...
Galashiels, Scottish Borders
The data showed regarding this advert 'RESTAURANT, COFFEE SHOP AND DELI, NEWQUAY, CORNWALL - E7651RB / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.