Portreath, Redruth

£35,000

For Sale

The Square, Portreath, Redruth, TR16 4LA, United Kingdom

Location:
This café has a central trading location in the coastal village of Portreath. In a prominent position, this business forms a small parade of commercial units only a short walk from the harbour and beach. A tourist destination, Portreath is famous for its mining heritage and is visited all year round by hikers and bikers undertaking the South West coastal path that passes through the village. Popular with surfers, the family friendly sandy beach is home to Portreaths Surf Life Saving Club which hosts competitions all year round. The café enjoys trade all year round from the local population and is extremely popular with dog walkers. The business is situated on the main through road that links the village of Portreath to Gwithian and Porthtowan and is in easy reach of the A38 as well as Camborne and Redruth. The café's central position in the square offers the opportunity to partake in village events where the current owner adds an additional platform to trade from.

Description:
This is the first time the business has come to the market in 6 years with the current owners possessing it for 3 years in August 2018. Within this time, they have carried out cosmetic improvements, received a 5* food hygiene rating and created a website to reflect their high standards.
The business currently trades all year round, 6 days a week from March until October and 5 days a week from November through to February. This is mainly daytime trading with the occasional event such as bingo and village events where catering is offered. The business holds an alcohol licence. We feel the business offers a good platform for further growth where opening hours could be extended into the evening throughout the peak season to offer an evening service.
The day to day menu consists of breakfasts, hot and cold lunches, cakes, specials and hot and cold drinks. Service is operated full time by one of the owners and several part time staff.
Full accounting information will be given upon booking a viewing. Average turnover is showing at £54,000 closing March 2017.

Accommodation Comprises-
(refer to floorplan for approximate measurements)

Seating Area-
With tables and chairs for approximately 30 covers, x 2 coffee tables, bucket seats, rattan seating, and laminate wood flooring.

Service Area-
Anti-slip flooring, large servery, glass cake display domes, electronic cash register, x 1 freezer, x 1 bottle fridge, x 1 fridge, Fracino coffee machine and Fracino coffee grinder and x 2 blenders. Serving hatch to kitchen.

Kitchen-
Comprising extractor canopy, 6 ring hob and oven, hot plate, 2 microwaves, x 1 panini grill, x 2 fridge, x 1 freezer, double sink and a Bush dishwasher.

Hand Wash Area-
Shelving, plastic storage unit, single sink, wall mounted soap dispenser.

Store Room-
Shelving, x 1 chest freezer, x 1 fridge.

Customer/Staff Toilet-
Wall mounted baby changing table, single sink, toilet, wall mounted soap and paper hand towel dispenser, shelving within cupboard.

Outside-
To the front of the premises is on road free parking within the Square, outdoor tables and chairs, x 2 A frame signs, coffee sign, additional space for more tables and chairs opposite the café. To the rear is an access lane where bins are kept for the 4 commercial premises and additional outside storage.

Tenure-
We understand the premises are held by way of a 15-year lease from 2015 with annual rent reviews to RPI with a commencing rent of £11,788.74 per annum.

The vendor of this property is a relative of an employee of Hindhead Property.

Property Details

Property ID: 101415001812

Bedrooms: 0

Price: £35,000

Bathrooms: 0

Reception Rooms: 0

Property Features

Cornish Cafe In Popular Coastal Village

Leasehold 12 Years

West Cornish Coast

Trades All Year Round

Exciting Opportunity

Established Cafe

5* Food Hygiene Rating

Alcohol Licence

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