Leasehold Restaurant Located In The Padstow Area

Padstow, Cornwall



Date Submitted:


Advert ID



2560 / Rightbiz
Leasehold: £99,950
Leasehold Restaurant Located In The Padstow Area
TripAdvisor Rating 5 / Facebook Rating 5 / Google Review 4.9
Ref 2560

This outstanding restaurant is located in an unspoilt Cornish village near Padstow where you will find quaint slate built cottages. The village is set within the Seven Bays region offering seven bays for seven days and its coast line boasts some of the most spectacular beaches in North Cornwall.

Asking Price: £99,950 plus SAV (£500)

Business Description
Veritas Business Sales are delighted to offer for sale this well respected and very popular 36 cover restaurant which is located in a highly popular tourist hotspot in Cornwall. The premises has traded as a restaurant for many years and has been in the careful hands of the current owners for the past 10 years and they are now offering the business for sale so that they can concentrate on other interests. Since ownership they have refurbished, redecorated and invested in some new equipment along with fixtures & fittings which are all bought and paid for and included within the purchase price and the outside of the restaurant has recently been decorated 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 and employs the help of 1 full time chef and 2 part time members of staff and has an annual turnover of circa £150,000. This popular restaurant has built a fantastic reputation over the years for serving locally caught freshly fresh and seafood along with meat dishes which can be accompanied with some fine wines. During the last few months of lock-down the business has been very successful with their take away service. We believe that there is further potential to increase trade by extending upon the current opening times by opening during the daytime. 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 which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Opening Hours
March - December
Tuesday – Saturday – 5.30pm – 9.3.0pm
Monday & Sunday – closed

Term: New 10 year lease available
(to be finalised with the landlord)
Reviewed: 5 yearly
Rent: £9,500 pa
Rates: Zero

Ground Floor
Restaurant/Bar (5.6m x 8.8) comprising: restaurant with tables & chairs to cover (36), various menu blackboards, various pictures, espresso coffee machine (Delonghi), electronic cash register, 2 double door under counter drinks fridges, serving counter and various shelving, stainless steel wash basin.
Gents & Ladies W/C with wash basin.
Kitchen (4.0m x 5.4m) comprising: 3 stainless steel prep tables, upright white fridge (Gram), upright white freezer, wash basin, dual sink with drainer, dishwasher (Comenda), griddle l(Lincat), 6 burner cooker ( Lincat), dual chiller unit with stainless steel surface (Polar), various stainless shelves and plate warming oven.

Front patio area

EPC Rating
Contact Agent
Agent Name:
Advert Reference:
2560 / Rightbiz
Listing Statistics
The impression statistic is how many people have seen this advert on the search page.
The view statistic is how many people have viewed this advert.
The total enquiries statistic displays how many people in total have made an enquiry to the advert.
The percentage rate displays the percentage of people that are interested in this business for sale.
This figure shows a number of people that have shown interest in this business for sale.
Last Viewed
The last viewed statistic displays when the last user has viewed this advert.
Last Updated
The last updated statistic displays when the last time the seller has updated its details.
Last Enquiry Received:
Contact the seller for more details, or book a viewing
The data showed regarding this advert 'Leasehold Restaurant Located In The Padstow Area - 2560 / 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.
Find out more about the business by contacting the seller