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Paul Collins Commercial Surveyor View Profile

Contact us about this property

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

To Let
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Jenn’s Diner, New Portreath Road, Redruth

Restaurant & take away to let

£95,000 Guide price

Leasehold

A superb opportunity to acquire one of the Counties fasting growing leasehold catering businesses situated in a prominent roadside location just moments from the A30 and the popular coastal resort of Portreath. The business achieved a turnover of circa £300,000 for the most recent financial year and is being offered by way of a new FRI lease at a commencing rental of £34,000 per annum and

  • WELL APPOINTED LEASEHOLD CAFE
  • TURNOVER APPROACHING £300,000 FOR THE LAST FINANCIAL YEAR
  • AVAILABLE WITH A NEW LEASE
  • LARGE CAR PARK & SEPARATE OFFICE
  • CURRENTLY TRADING DAYTIMES ONLY
  • PROMINENT ROADSIDE LOCATION
  • EPC: B40

Property Brochure PDF Location Map

Location

Jenn’s Diner is located on the outskirts of the Historic mining town of Redruth in a busy roadside location just minutes from the A30 which is the main arterial route through the County. The area has seen tremendous regeneration in recent years in both residential housing developments and the Leisure Sector with a number of quality holiday parks & Campsites situated nearby, ensuring that Jenn’s Diner enjoys a strong year round trade with significant uplifts during the school holidays.

Description

Jenn’s Diner has been sympathetically extended in recent years and is presented in superb condition throughout, with circa 62 covers plus additional outside seating, a comprehensively equipped commercial kitchen and ample customer and staff parking.

The Business

Our clients have owned and operated the business for a little over two years and currently trade daytimes only, owing to family commitments. Despite this, the accounts for the most recent financial year show an extremely impressive turnover of £291,714 and it is felt that there is obvious room for growing the turnover further through evening opening and obtaining a premises licence to enable the sale of Alcohol. The business is now available to buy as a result of our clients external business interests.

Accommodation

The customer seating area boasts tables and chairs for approx 62 covers, wall mounted flat screen TV, radiators, assorted retro wall art and paraphernalia and an array of windows to the front elevation providing ample natural light. The sales counter has an inset refrigerated display unit behind which are located;- under counter fridge, under counter freezer, EPOS till, ice machine and microwave. In addition to this are a coffee machine and whippy machine which are both currently leased. Prospective purchasers are invited to take over the lease agreements for these two items or they can be removed by the Landlords upon completion.

Kitchen

A comprehensively equipped kitchen comprising in brief;- extractor vent, twin lincat fryer, gas 6 ring oven, large griddle, stainless steel tables, hand wash basin, assorted fridges, freezers and a bain-marie. Off the kitchen is the prep area with a counter top salad servery, range of base cupboards with stainless steel worktops and 2 microwaves.

Fridge/freezer Room & Wash Up Area

Comprising a range of base and wall cupboards with stainless steel work tops, double stainless steel sink and drainer, dishwasher, under counter fridge & freezer, 1 x double Polar fridge, 1 x double Polar freezer, 1 x 4 door polar freezer.

Ancillary Rooms

Larder, Office, Staff and Customer toilets.

Outside

The site benefits from ample parking for customers with a separate area of parking for the owners and employees to the rear of the property. There is a covered seating/dining area area to the side elevation with picnic benches plus a further open area for alfresco dining.

Separate Building

Our clients have recently completed a very useful building within the car park that could be utilised as an office/staff room or subject to the Landlords consent, be sublet to a third party. The building measures approx 300 sqft with a small kitchen area and toilet. It is likely that this building plus a parking space could achieve in the region of £7,000 per annum.

Tenure

The premises are being offered by way of a new 6 year FRI lease at a commencing rental of £34,000 per annum, as alluded to the Landlords would (subject to references) consent to the subletting of the newly built structure within the car park.

General Information

The Energy Performance Rating for this property is B40.

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 government website https://www.tax.service.gov.uk/view-my-valuation/search

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.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information

For further information or an appointment to view please contact:-

Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk

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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Paul Collins Commercial Surveyor View Profile

Contact us about this property

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

Property Brochure PDF