The subject premises are situated on Kenwyn Street in the City of Truro which, has a resident population of approximately 20,000 and is the commercial centre for the county of Cornwall. The City boasts a range of national and niche retailers, has schooling for all ages, easy access to the nearby A30 and a station on the main Penzance to Paddington rail line.
Description / The Business
These delightful two storey premises have been upgraded by our client during their tenure with a pleasantly presented customer seating area, a well equipped commercial kitchen and a real boon is the enclosed courtyard to the rear elevation.
Our clients currently trade 5 days a week from Tuesday to Saturday inclusive with opening hours of 10am to 4pm and food is available from 11am to 3pm. In our opinion there is tremendous opportunity for growth through expanding the opening hours into the weekend evenings.
The business is operated by a husband and wife team with the assistance of a number of part-time employees.
Accounts for the year ending 31st May 2019 showed a turnover of £115,724. Full accounting information will be made available to prospective purchasers subject to a viewing appointment in the usual manner.
The Accommodation Comprises
(all areas and dimensions are approximate)
Customer Seating Area
A delightful room with wooden flooring, windows to the front elevation and tables and chairs for 32 covers.
Comprising, wooden counter top, shelving, Belfast sink, coffee machine, fridge, Buffalo water boiler and an electronic cash register.
Access to side passageway, ladies and gents toilets, door to courtyard and stairs to;-
A well equipped commercial kitchen comprising in brief, twin stainless steel sink and drainer, commercial dishwasher, a selection of stainless steel tables, microwaves, 1 twin fryer, 1 single fryer, gas 6 ring oven and extractor. Door to fire escape.
Storage Room 1
2 fridges and adjustable racking.
Storage Room 2
Freezer and adjustable racking.
As previously mentioned the establishment is one of the few within the City of Truro that enjoys an outside seating area with the courtyard to the rear affording approximately 16 covers.
General Enquiries 0300-1234-100
Tenure – Leasehold
The business is for sale by way of an assignment of the existing 15 year lease which commenced on the 13th August 2007 with a current passing rental of £15,300 per annum payable monthly in advance.
Energy Performance Certificate
The Energy Performance Rating for this property is within Band C56.
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.
We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.
We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search
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
To be taken at valuation.
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
For further information or an appointment to view please contact:-
Paul Collins on 01872 247029 or via email firstname.lastname@example.org
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.