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Leasehold cafe for sale in Helston Cornwall with refurbishment and local reputation

Helston, Cornwall
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Leasehold Cafe Located In Helston Photo 1
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Leasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In HelstonLeasehold Cafe Located In Helston
  • Leasehold: £29,995
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Leasehold Cafe Located In Helston

Leasehold Cafe Located In Helston
Completely Refurbed
Established Business
Ref: 3182

Asking Price: £29,995 plus SAV (£500)

Location
This Leasehold Cafe is located in the Cornish town of Helston, Cornwall. Situated on Meneage Street near the town centre, offering residents convenient access to shops, schools, parks, and other amenities. Helston's historic architecture and charm can be seen in buildings around the area. The nearest railway station is Camborne, which is approximately (8 miles) away. The area is also well served by A roads, with the A394 being within easy driving distance of the property, which links to the national A road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) southwest of Falmouth.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular Café & Coffee Shop which is located in Helston, Cornwall. The business has been established for over 20 years ago and has been in the very capable hands of our clients for the past 3 years. They are now offering the business for sale due to unforeseen personal reasons. 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. Betty's Cafe is owner operated with the help 3 part time members of staff and has an annual turnover of circa £81,000. Deliberately trading under the vat threshold. They serve simple rustic food starting with full English breakfast, sausage or bacon baps, waffles, moving to lunch which includes toasties, jacket potatoes, cakes, pastries, local coffee, various teas, smoothies, shakes, hot chocolates, and some amazing speciality 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 to do so by opening on Sundays, Mondays or in the evenings. This is something that they do not currently do 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 recommend.

Opening Times
Tuesday - Friday - 09:30 - 16:00
Saturday - 09:00 - 15:00
Sunday & Monday - closed

Leasehold
Term: 10 Years
Remaining: 5 Years
Rent: £5,040 pa
Reviewed: 3 yearly
Business Rates: zero

Ground Floor
Café (11.6m x 4.7m) comprising: 7 tables with chairs and covers for (24), various pictures, side cabinet with draws, sales counter, various shelves, drinks blender (Pro-Blend), undercounter fridge (Beko), undercounter freezer (SIA), espresso coffee machine (Pratic Avant), coffee grinder, drinks blender, undercounter freezer (SIA), ice maker (Adex), ice cream machine (Swirl) and various menu boards.

Basement
Kitchen (3.1m x 3.3m) comprising: 3 stainless steel tables, toaster, grill (Buffalo), toasted sandwich maker, hot plate (Lincat), extraction hood, glass washer, commercial sink with drainer, microwave (Samsung), toaster, food mixer (Kenwood), table top oven (Gastrotek), soup kettle (Buffalo) and upright fridge freezer.
Prep room (3.6m x 3.3m) comprising: various shelves, stainless steel prep table with salad pots, box freezer (Indesit), upright fridge freezer (Zanussi) and 2 box freezers (SIA).
Toilet (1.3m x 2.0m) comprising: w/c, washbasin and wall mounted mirror.

EPC Rating D



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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.

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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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