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Charming Leasehold Café & Coffee Bar in St Austell, Cornwall - High Growth Potential

Saint Austell, Cornwall
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  • Status

    UNDER OFFER

  • Date Submitted:

    30/05/24

  • Advert ID

    612044

  • Reference

    2998 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £14,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Café & Coffee Bar Located St Austell

Leasehold Café & Coffee Bar Located St Austell
Ideal Starter Business
Low Overheads
Ref 2998

Asking Price £14,950 plus SAV (£500)

Location
This well positioned leasehold Café & Coffee Bar is located near the town of St Austell, Cornwall. Situated within a prominent and highly visible trading position on Slades Road. Nearby you have the village of Charlestown, famous for the filming of many TV programmes such as Poldark. Local attractions include, The Eden Project, The Lost Gardens Of Heligan and nearby is Carlyon Bay Hotel, Golf & Country Club.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular Café & Coffee Bar which is located in St Austell. The business was established 1 year ago by our clients and they are now looking to sell the business due to other business commitments requiring their attention. Since ownership they have undertaken a complete refurbishment and invested in new equipment along with fixtures & 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. The Bird Box Cornish Koffi Shop is owner operated and has achieved an annual turnover of circa £30,000 for the first twelve months of trading. They serve simple rustic fresh food to include melts, baked savoury croissants, cakes, local coffee, various teas and smoothies . All fayre is freshly prepared to order on site using only the finest local produce. We believe that there is further potential to increase trade should you wish to do so as they do not open in the evenings despite large demand during the holiday season. The business already 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 a growing business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Tuesday – Friday 09.30 – 16.00
Saturday – 09.30 – 13.30
Sunday – Closed

Leasehold
Original term: 10 years
Remaining : 9 years
Rent: £3,600 pa
Reviewed: 3 yearly
Business rates: zero

Ground Floor
Cafe (3.6m x 4.7m) comprising: tables and chairs to cover (12), breakfast bar with 2 stools, various menu boards, sales counter, glass display case, espresso coffee machine (Francino), coffee grinder, 2 x undercounter fridges, various pictures and various shelves.
kitchen (3.3m x 2.7m) comprising: sink with drainer, kitchen cupboard, undercounter fridge (Beko), undercounter freezer (Beko), worktop, microwave , toaster, various shelves, wash basin and dishwasher.
Toilet (1.2m x 1.8m) with w/c and wash basin.

External
Frontage with tables and chairs to cover (8). Large garden to the side of the property with tables and chairs and cover (12).

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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.

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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.

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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.'.

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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.

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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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The data showed regarding this advert 'Leasehold Café & Coffee Bar Located St Austell - 2998 / 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.