BEAUTIFULLY PRESENTED LICENSED COFFEE SHOP (24 COVER)
ONE BEDROOM APARTMENT
GENUINE RETIREMENT SALE
AVAILABLE FOR THE FIRST TIME IN NEARLY 20 YEARS
CONSISTENT TRADE AND PROFITABILITY
IDEAL FIRST VENTURE
EPC: D88 (FIRST FLOOR FLAT: E42 SECOND FLOOR FLAT: E41)
DELIGHTFUL MARKET TOWN
The Duchy Coffee Shop is situated in the heart of Lostwithiel, directly opposite the historic church of St Bartholomew, which dates back to the thirteenth century. Once an ancient Stannary Town, Lostwithiel is located in Central Cornwall in a wooded valley at the head of the estuary of the River Fowey. This historic town is famous for its Tudor Bridge and nearby Restormel Castle and is home to an eclectic mix of individual boutiques, antique shops, cafes and niche retailers. It has a station on the main London to Penzance Rail line and the arterial A390 connecting Devon and Cornwall passes through its centre.
It is also within easy reach of some of Cornwall’s most popular visitor attractions; the Eden Project being within 8 miles and Heligan Gardens within 15 miles, making it an ideal base for those wishing to explore the South East Coast of Cornwall.
Main Seating Area
Range of freestanding tables and chairs providing 24 covers. Window to front elevation with built in window seat. Part exposed stone walls. Wood effect laminate flooring. Access to:
The business occupies a traditional property which retains much of its original charm and character. To the ground floor is a coffee shop with 24 covers and well equipped commercial kitchen. The coffee shop is accessed from Fore Street via a passage that leads between it and the neighbouring shop. This passageway also gives access to the commercial kitchen, a small courtyard area and the first floor apartments.
At present, the flat is occupied by our client but, if not required for an ‘owner operator, could be let for residential or holiday use to generate additional revenue.
The coffee shop has been in our clients tenure for the past 19 years and is now being offered for sale due to impending retirement.
Whilst Lostwithiel sees a healthy seasonal uplift during the summer months it also has a strong local following and trades all year round from 10am to 4pm Monday to Saturday. The business is operated by our client with one full time member of staff but it is considered that it would be easily manageable for a couple.
Trading accounts will be made available subject to a viewing appointment in the usual manner, we are advised that the business is currently trading below the VAT threshold through choice.
Built in base units with wall mounted shelving over. Small under counter fridge. 1 Spout Coffee Machine. Electronic Till.
Blue Seal Gas range, turbo fan commercial oven, 8 microwaves, range of base units, 4 upright fridges and 4 upright freezers. Door to side passageway:-
Rear Side Courtyard
Access to Fore Street and to first and second floor accommodation.
Close coupled wc, vanity wash hand basin, wall mounted hand dryer.
First Floor Apartment
Window to front elevation. Access to:-
Large window to front elevation, built in wardrobes. Access to:-
Bath with electric shower over, wc, pedestal wash hand basin.
General Enquiries 0300-1234-100
Energy Performance Certificate
The Energy Performance Rating for this property is D88. The rating for the first floor flat is E42 and the EPC for the second floor flat is E41.
We understand the business currently holds a premises licence in respect the sale of liquor for consumption on the premises.
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 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.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.
For further information or an appointment to view please contact:-
Beverly Northey on 01872 247031 or via email email@example.com
Paul Collins on 01872 247029 or via email firstname.lastname@example.org
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] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] 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.