Freehold Café & Coffee Bar Located In Redruth, Cornwall

Freehold Café & Coffee Bar Located In Redruth, Cornwall
Perfectly Positioned Opposite The Train Station & Next To The Bus Terminus
Leasehold Option Available
Ref 3097

Asking Price £124,950 plus SAV (£500)

Location
This Freehold Café & Coffee Bar is located in the Cornish town of Redruth. Situated very close to the train station & bus terminus. The town offers large blue chip retailers and niche independent retailers which brings decent footfall to the area. The main trunk road through the county the A30 provides easy access to the picturesque town of St Ives which is approximately (16 miles) away. Truro city centre, is (15 miles) away and the popular holiday village of Portreath is only (4 miles) away. Redruth is also on the main railway line from Paddington to Penzance.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular Café & Coffee Bar which is located in Redruth Cornwall. The business was recently established by our client and they are now offering the business for sale 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 Happy Spoon Drinks Station is owner operated and has achieved excellent sales during the winter months and are forecasting an annual turnover of circa £50,000. They serve breakfast baps, crumpets, poached or scrambled eggs on toast, toasted sandwiches, cakes, local coffee, various teas, milk shakes and soft drinks. 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, as they do not open in the evenings despite large demand during the holiday season. The business would also benefit from joining the online delivery giants such as Just Eat & Deliveroo. 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 freehold business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – 07:00 – 16:00
Tuesday – Thursday – 07:00 – 14:00
Friday & Saturday – 07:00 – 16:00
Sunday – closed

Leasehold Option £11,950
New 5 year lease to be granted
Rent: £800 PCM
Reviewed: 2 year break clause
Rates: zero

Ground Floor
Cafe (8.9m x 5.1m) comprising: tables and chairs to cover (12), breakfast bar prep counter, various menu boards, sales counter, glass display case, espresso coffee machine (Francino - leased), coffee grinder (leased), undercounter fridge, under counter freezer, various pictures, air fryer (Blau Punkt), ice cream fridge, various shelves, dishwasher (Indesit), sink with drainer, undercounter drinks fridge (Adexa) and CCTV monitor.
Basement
Storeroom (4.9m x 2.4m).
Toilet (1.2m x 1.5m) with w/c and wash basin. Laundry & staff room (2.5m x 1.7m) with washing machine (Indesit), shower with cubicle and wall mounted mirror.
Seating area (4.8m x 4.3m) with table with chairs to cover (6), wall mounted TV 40” (Samsung) and 2 armchairs.

External
Frontage with tables and chairs to cover (8).

EPC Rating: C