Restaurant/cafe for sale in East Street, Newquay TR7

Leasehold Pasty & Ice Cream Parlour Located In Newquay Town Centre
Self Contained 4 Bed Apartment Above
Licensed
Ref 3009

Asking Price £99,950 plus sav (£1,000)

Location
This extremely well positioned Pasty & Ice cream Parlour is located within a busy parade of shops just off one of the main thoroughfare roads in Newquay town centre. Newquay is one of the nation's favourite seaside towns, exudes the laid-back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort, all wrapped up in the most fantastic coastal scenery.

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Pasty & Ice Cream Parlour which is located in the Cornish seaside town of Newquay. The business has been established for 10 years and has been in the careful hands of our clients for the past 8 years. The business is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have completely redecorated the premises and continually invested in new equipment along with purpose built bespoke cabinets & work surfaces. All fixtures & fittings are bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Oggy Oggy is owner operated with the help of 3 part time members of staff (depending on the time of year) and has an annual turnover of circa £140,000. They serve a fine range of pasties, waffles, ice cream, smoothies, local coffee and a variety of teas and cold drinks. All produce is locally sourced and freshly prepared on the premises.
We believe that there is further potential to increase trade should you wish, by taking advantage of the business's perfect location and opening in the evenings during the summer months, the business has many requests for this but currently closes at 17:00. The business enjoys a very strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Sunday - 10:00 - 17:00

Leasehold
Term: 6 years
Remaining: 4 years
Reviewed: 3 yearly
Rent: £18,000 pa
Rates: Zero

Ground Floor
Takeaway, café & kitchen (10.6m x 4.8m) comprising: Tables, chairs and bench seating to cover (14), various bespoke menu boards, 2 x table top fan ovens (Briotek), stainless steel oven stand with oven tray storage, pasty warmer display cabinet (Bufalo), 2 x chest freezers, various shelves, microwave (Igenix), espresso coffee machine (La Spaziale), toaster, kettle, slushy machine, sales counter, cash register, various bespoke counters and storage units with work tops, sink with drainer & directional hose, 2 x drinks blenders (Pro-Blend), 2 x ice cream display freezers, Whippy ice cream machine (Carpigiani), pastry display cabinet (King), 2 door upright drinks fridge (Polar), chest freezer with glass top and hot dog machine.
Storeroom (4.9m x 1.2m) with various shelves.
Toilet (1.0m x 2.7m) with w/c, wash basin and wall mounted mirror.

External
Frontage with 4 garden tables to cover (24).
EPC Rating D

First Floor
Apartment (self contained with sea views).
Kitchen/Dining Room (4.7m x 4.1m).
Lounge (4.8m x 3.9m).
Bedroom (3.7m x 2.7m) double.
Hallway & stairs.

Second Floor
Bedroom 2 (4.8m x 3.8m) double.
Bedroom 3 (3.1m x 3.2m) double.
Bedroom 4 (3.2m x 3.2m) double.
Bathroom (2.4m x 1.6m) with bath, shower, w/c and wash basin.