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Truro City Centre Café & Gift Shop for Sale at £19,950 Plus SAV, Includes All Fixtures

Truro, Cornwall
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Leasehold Café & Gift Shop Located In Truro City Centre Photo 1
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Leasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City CentreLeasehold Café & Gift Shop Located In Truro City Centre
  • Status

    UNDER OFFER

  • Date Submitted:

    30/10/23

  • Advert ID

    601845

  • Reference

    2940 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £12,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Café & Gift Shop Located In Truro City Centre

Leasehold Café & Gift Shop Located In Truro City Centre
Ratings / Facebook 5.0 / TripAdvisor 4.5
Ref 2940

Location
This delightful Café & Gift Shop is located in Truro city centre. Situated within a prominent and highly visible trading position close to the Theatre, Cathedral and shopper's 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: £12,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer to the market this popular Café & Gift Shop which is located in the vibrant city centre of Truro. There has been a restaurant on this site for over 5 years and the business has been in the careful hands of our client since the start of 2023. They are now offering the business for sale due to unforeseen personal reasons.
Since ownership they have 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. Cocoa Cafe is owner operated and comes with no staffing liabilities. The Cafe is unique selling freshly made specialist coffee, fruit teas, handmade chocolates, cakes, homemade soup with fresh bread, sandwiches and paninis. All fayre is freshly prepared to order on site using the finest locally sourced produce. The business also retails artwork from local artists, items of handmade jewellery and gifts.
We believe that there is further potential to increase trade should you wish, by opening additional evenings as well as Sundays, Mondays and bank holidays. The business enjoys a very strong reputation locally and beyond for its 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
Tuesday – Saturday – 09:30 – 16:00
Sunday & Monday - closed

Leasehold
Original term: 5 years
Remaining: 4 ½ years
Rent: £10,500 pa
Rates: zero

Ground Floor
Restaurant (5.9m 4.6m) comprising: sales counter with till, tables & chairs to cover (16), various shelves, espresso coffee machine (Casadio), coffee grinder, various cake display boxes , dual sink, undercounter drinks fridge, electronic scales, glass display chiller, oven (Adexa), upright fridge freezer (Logik), wine fridge (Klarstein) and wash basin.
Storeroom (1.3m x1.2m) with various shelves. Store cupboard.
W/C (2.0m x 1.3m) with wash basin.

External
Tables & chairs to cover (4).
EPC Rating C

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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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