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SOLD - Good Vibes Cafe, 28, Killigrew Street, Falmouth

Catering for sale

£68,500 Guide price

Leasehold

A contemporary Cafe/Coffee Shop just moments from the heart of Falmouth Town Centre that has seen a significant uplift in turnover with further scope to grow the business for a hands on team.

  • WELL APPOINTED LEASEHOLD CATERING OPPORTUNITY
  • GROWING LEVELS OF TURNOVER & PROFITABILITY
  • IDEAL FIRST BUSINESS VENTURE
  • CLOSE TO FALMOUTH’S MAIN SHOPPING AREA

Property Brochure PDF Location Map

Situation

Good Vibes Café is situated on Killigrew Street just moments from Falmouth’s Moor where can be found the town’s taxi rank, bus stop and one of several shoppers car parks within the vicinity.

Falmouth has a resident population of nearly 22,000 with a thriving student population. Falmouth is widely regarded as one of the South Wests most popular tourist destinations and is visited by hundreds of thousands of visitors each year for its glorious beaches and picturesque natural harbour with Falmouth regularly playing host to maritime events including The Tall Ships Race and Falmouth’s very popular Falmouth Week.

Description

The subject premises which are laid out over 3 floors were acquired by our clients approximately two and a half years ago and during their tenure a significant amount of time and money has been spent in creating what is now one of Falmouth’s most vibrant cafes.

Good Vibes Café has seen a significant uplift in turnover during our clients ownership and offers a wide selection of hot and cold beverages to drink in or takeaway and an extensive food offering from breakfasts, sandwiches and daily specials using wherever possible local suppliers.

The business which currently trades 7 days a week with opening hours being Monday to Saturday 8.30am to 5.30pm and 10am to 2pm on Sundays.

Accounting information for the year ending 31st March 2015 show sales of £168,119. Further accounting information will be made available subsequent to a viewing appointment in the usual manner.

The Accommodation Comprises

(all areas and dimensions are approximate)

Ground Floor

6.92m x 5.47m, large picture window looking onto Killigrew Street, a range of fixed bench and free standing seating providing covers for 14 to 16 diners. To the rear of the ground floor is a service point with counter, coffee machine, electronic cash register, stainless steel sink and drainer, bottle fridge, 2 fridges, window to rear elevation.

First Floor

Main Dining Area

5.43m x 3.54m, providing approximately 24 covers with windows looking onto Killigrew Street, door to:

Kitchen

3.57m x 2.35m, with pedestal hand wash basin, twin sink and drainer, convection oven, 4 ring electric oven, microwave, storage cupboards, door to larder:

Second Floor

Office

4.34m x 3.13m

Outside

Our clients have recently gained Planning Consent for the provision of outside seating on the front pavement, to the rear of the property is a courtyard with customer wc and steps leading up to two enclosed areas of lawned gardens. Our clients have not utilised this space for customer seating etc and it is felt that this again could be further explored by prospective purchasers.

Tenure

The premises are being made available by way of an assignment of the existing 12 year FRI lease which commenced on December 25th 2005.

General Information

Local Authority

Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate

The Energy Performance Rating for this property is within Band G.

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Business Rates

We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock

To be taken at valuation

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

Property Brochure PDF