Harbourside Bistro at Portreath comes to the market
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Written by Gareth Moody
Monday, 18 February 2008
 Miller Commercial of Truro are marketing the Harbourside Bistro located in The Square in the coastal village of Portreath, NW of Redruth, Cornwall. It is being sold off a recently revised leasehold guide price of £35,000 SAV.

The successful, lock-up, seafood restaurant has been established since 1998 and stands only a short distance from the popular beach. Standing at ground floor level, it is well presented and offers a restaurant area of 61.2sq.m. providing for 35 covers, a well equipped kitchen and storage.

The business is being made available on a 10 year term lease commencing June 2004, on an internal repairing and insuring basis, at a current passing rental of £9,987 per annum.

The restaurant is supported by the local residential community and by the many tourists during the summer months using the many caravan/camping sites and holiday cottages in the area. Recent trading accounts show sales in the region of £72,000 producing a gross profit of 63%. The current proprietors have recently taken over another business venture and wish to sell the restaurant to concentrate on the new venture.

Gareth Moody, Commercial Surveyor at Miller Commercial comments,

‘The area of Portreath in which the Harbourside Bistro is located is designated for future regeneration work and it is thought this will only add to the trading success and general appeal of this attractive little restaurant’.

FOR FULL DETAILS CONTACT GARETH MOODY AT MILLER COMMERCIAL TRURO ON 01872 247029.