| Successful waterside café restaurant sold at Fowey |
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| Written by Gareth Moody | |
| Thursday, 21 February 2008 | |
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Located on the busy thoroughfare of Lostwithiel Street, the long established licensed restaurant was extremely well appointed. The attractive premises provided a 34 cover main restaurant area, a 12 cover bar area and an impressive 26 cover outside terrace providing panoramic views across the busy River Fowey towards Polruan.The business was sold with the benefit of a new 10 year lease, off an asking rental of £17,500 per annum, on full repairing & insuring terms The Toll Bar was able to demonstrate a strong trading record and it has been acquired by local purchasers who want to build on its current trading success. The Toll Bar was sold off a guide price of £110,000. Gareth Moody, Commercial Surveyor at Miller Commercial comments, ‘The Toll Bar is a first class business in a highly favoured harbour town. It attracted strong interest and supports the experience of our agency that well presented catering businesses in good coastal locations remain very popular’. FOR FULL DETAILS CONTACT GARETH MOODY AT MILLER COMMERCIAL TRURO ON 01872 247029. |
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