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Leasehold tea rooms and restaurant for sale in Polperro Cornwall with 4-bedroom accommodation

Polperro, Cornwall
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Leasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, CornwallLeasehold Tea Rooms & Restaurant Located In Polperro, Cornwall
  • Leasehold: £74,950
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Leasehold Tea Rooms & Restaurant Located In Polperro, Cornwall

Leasehold Tea Rooms & Restaurant Located In Polperro, Cornwall
4 Bedroomed Accommodation Above
External Seating For (80)
Licensed
Ref 3199

Asking Price £74,950 plus SAV (£2,000)

Location
This delightful Tea Rooms & Restaurant stands within a prominent and highly visible trading position on the main street in the unspoilt fishing village of Polperro. The area is a restricted traffic zone, situated in an (Area of Outstanding Natural Beauty), located on the South-East coast of Cornwall which provides peace and tranquillity for all guests. A noted tourist destination particularly in the summer months for its idyllic appearance, delightful harbour, beautiful beaches, fantastic costal walks, complimentary niche independent retailers, art galleries, delicious seafood and tightly packed ancient fisherman houses. The river Pol runs through the village which is situated (7 miles) east of Fowey, (4 miles) west of neighbouring town Looe and (25 miles) from the city of Plymouth.

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Tea Rooms & Restaurant which is located in the stunning village of Polperro, Cornwall. The property has been in the careful hands of our clients since 2021 and is now being offered for sale so they can concentrate on their other business interests.
Since ownership they have redecorated and 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. The Plantation Tea Room is owner operated with the help of 12 seasonal members of staff and has an annual turnover in excess of £210,000. The restaurant is very popular for its al fresco dining during the summer months and has quality garden furniture with over 80 covers. They serve simple fresh food to include, jacket potatoes with fillings, salads, freshly cut sandwiches, cream teas, cakes, coffee and alcoholic beverages. 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 by extending on the current opening times. Alfresco dining in the summer months would be very popular and is frequently enquired about. 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 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 Times
Tuesday – Saturday – 10:00 – 17:00
Sunday & Monday – closed

Leasehold
Original Length: 12 years
Remaining: 8 Years
Rent: £42,000 pa
Reviewed: 3 yearly
Business rates: zero

Ground Floor
Entrance (1.5m x 1.5m)
Bar/Restaurant (6.5m x 6.0m) comprising: 8 dining tables & chairs with covers for (30), Welsh dresser, various pictures, wall mounted mirror, bar with serving counter, espresso coffee machine (Bond leased), till, various shelves and upright drinks fridge.
Kitchen (4.0m x 7.2m) comprising: microwave, upright fridge (Polar), milkshake ice cream make (Ugolini), drink mixer (Drinkum), milk dispenser machine, various shelves, commercial hot lights for food warming (Parry), hot water dispenser (Buffalo), toaster (Dualit), kettle, dual basin sink with directional hose, various stainless shelves, dishwasher (Adexa), upright freezer (Polar), deep fat fryer, dual deep fat fryer, sink with drainer, fridge freezer (Hisense), various stainless prep tables, 3 door chiller unit with salad prep (King), table top commercial oven (Rational), oven/cooker (Beko), commercial extraction unit and wash basin.
Cellar with the usual dispensing and cooling equipment, 2 x chest freezers, upright freezer (Pro-line), upright freezer (Beko), washing machine (Logik) and dryer (Beko),
Toilets
Male toilet with w/c & Female toilet with w/c and shared wash basin to service both.

External
Garden area (17m x 4.0m) with 16 four-seater bespoke garden tables with covers for (80).

Owners Accommodation
First Floor
Lounge (3.2m x 4.8m).
Bedroom 1 (3.2m x 4.3m) double en-suite.
Bathroom (2.2m x 2.8m) with bath/shower, wash basin & W/C.
Bedroom 2 (2.8m x 2.1m) single.
Second Floor
Bedroom 3 (3.1m x 3.4m) double.
Office (2.0m x 3.1m) leading to.
Bedroom 4 (2.4m x 5.1m) double.

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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