Vegetarian Restaurant Changes Hands In Kenwyn Street, Truro
Written by Theresa Tyack Wednesday, 04 August 2010 09:07
Established for very many years, The Feast in Kenwyn Street has now changed hands and has just been acquired by Matt Bradwell and his fiancé Jenny.
The business, which occupied two floors, was able to offer a maximum of 51 covers from within the ground floor and an attractive rear courtyard.
The transfer was completed by way of assignment of residue of the existing 15 year term lease at a current passing rental of £15,000 per annum.
The Feast was offered off a leasehold guide price of £25,000. The sale price was not disclosed.
The establishment is being renamed "The Olive Café Deli" and will be opening on 9th August offering a brunch and lunch menu making best use of local seasonal produce in what is a relaxed atmosphere to include a delightful Mediterranean style courtyard. Matt and Jenny have considerable catering experience, having worked in chalets and hotels throughout Europe.
For full details contact Richard Gilbert on 01872 247027
Unit 2 West End Industrial Estate, Penryn
These premises provide a show room area of 296 sq ft with further workshop/storage space of 918 sq ft to the rear. A small yard area is also included and the unit is located within an established industrial setting. It benefits from easy access to the nearby A39 and A394. Unit 2 is offered with the benefit of a new F.R.I. lease off a reduced asking rental of £9,600 per annum exclusive. The option exists for a freehold acquisition of the premises, subject to negotiation.
Miller Commercial, Mansion House
Princes Street, Truro, Cornwall, TR1 2RF