Miller Commercial of Truro are offering to the market the ‘7even’  licensed restaurant located on High St, in the very centre of the ever popular harbour holiday resort of St Ives, West Cornwall.  The business is for sale off a guide price of £125,000 for the leasehold interest.

The restaurant is within a 3 storey building on St Ives’ main shopping thoroughfare and enjoys huge volumes of pedestrian footfall past its’ doors. It provides a ground floor eating area accommodating 24 covers, a first floor area providing for 32 covers and a second floor offering 2 useful rooms. Subject to planning consents the second floor could possibly provide more dining accommodation or perhaps owners’ living space.

The business is being made available with the remainder of a 15 year, full repairing and insuring lease, commencing October 2006, at a current passing rental of £22,000 per annum.

The ‘7even’ restaurant opens for business daily during the main trading months and on Friday and Saturday evenings during the off season period. It is able to show good trading figures with turnover of circa £140,000 for a recent accounting year.

Russell Weetch, Head of Business Transfer at Miller Commercial reports, ‘Miller Commercial expect strong demand for this licensed restaurant in one of Cornwall’s leading tourist resorts following recent successful sales on the Abbey Restaurant in Penzance, Truro Coffee House in Truro, the Q-Bar in Falmouth, the Toll Bar in Fowey, Colonel Bulldog in Camborne and The Hub at Wadebridge, all leasehold transactions concluded during recent months’.

FOR FULL DETAILS CONTACT RUSSELL WEETCH AT MILLER COMMERCIAL TRURO ON 01872 247005.