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Leasehold Cafe & Restaurant in Perranporth with Top Ratings

Perranporth, Cornwall
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Leasehold Café & Restaurant Located In Perranporth Photo 1
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Leasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In PerranporthLeasehold Café & Restaurant Located In Perranporth
  • Status

    FOR SALE

  • Date Submitted:

    26/01/23

  • Advert ID

    507239

  • Reference

    2825 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £44,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Café & Restaurant Located In Perranporth

Leasehold Café & Restaurant Located In Perranporth
Ratings / TripAdvisor 5.0 / Facebook 5.0 / Google 5.0
Licenced
Ref 2825

Location
This established Café/Restaurant is located in Perranporth. Situated within a busy parade of shops on the main thoroughfare road within the town centre. Perranporth is a seaside resort town on the north coast of Cornwall which lies (4 mile) east of the St Agnes Heritage coastline and around (8 miles) south west of Newquay. It’s the beach everyone raves about and billed as a great place for surfing, snorkelling, sailing and generally splashing around.

Asking Price: £44,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Café/Restaurant which is located in the Cornish seaside town of Perranporth. The business was established by our clients back in 2011 and moved to new premises in 2018. The business is now being offered for so that our clients can enjoy a well deserved retirement.
Since ownership they have completely refurbished, redecorated and continually 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. Stepping Stones is owner operated with the help of 2 part time staff members and has an annual turnover of circa £79,000. They serve a fine range of cooked breakfasts, freshly cut sandwiches, jacket potatoes, burgers, fish & chips and a variety of other main meals which includes a roast on Sunday. They also serve afternoon cream tea’s, cold drinks, freshly made specialist coffee, fruit teas and they also benefit from an alcohol licence.
We believe that there is further potential to increase trade should you wish, by opening in the evening especially during the summer months. This is something that the current owners have never done before and would undoubtedly be a huge success. The business enjoys a very 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 an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Winter
Wednesday – Sunday – 9:00am – 2:00pm
Summer
Tuesday – Sunday – 9.00am – 5.00pm

Leasehold
Original term: 6 years
Remaining: 2 Years
Rent: £10,000 pa
Rates: zero

Ground Floor
Restaurant (6.9m x 4.9m) comprising: tables& chairs to cover (20), various pictures, sales counter, electronic till, box freezer, upright drinks fridge, coffee machine (Bravilor) and various under counter shelves.
W/C (2.0m x 1.8m) with wash basin.
Kitchen (4.9m x 1.9m) comprising: extraction canopy, sink with drainer, hot water dispenser, microwave (Panasonic), plate warming oven, stainless steel prep table, dishwasher (Fagor), undercounter fridge, upright fridge freezer (Beko), 6 ring gas oven, hotplate and various shelves.

External
Frontage with tables & chairs to cover (12).



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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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