Restaurant/cafe for sale in 4 Foundry Street, Wadebridge, Cornwall PL27

Offers in region of £54,950 (£91.58/sq. ft)
Restaurant/cafe for sale 600 sq. ft*
Interested in this property? Call +44 121 721 9902 * or Request Details

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Property features

  • Established business
  • Fully fitted
  • Easy to operate
  • Further potential
  • Ideal starter business
  • Leasehold
  • Sandwich bar & deli
  • Town centre location

Property description

Leasehold Sandwich Bar & Deli Located In Wadebridge
TripAdvisor Rating 5* Facebook Rating 4.8 from 5
Town Centre Location
Ref 2430

Location
This outstanding and well respected Sandwich Bar & Deli is located in the town of Wadebridge. The town is now a lively hub on the north coast of Cornwall with a population of circa 8,272 permanent residents and attracts high levels of tourists, especially during summer months. It is the main town servicing the popular tourist resorts of Padstow, Rock, Polzeath and Port Isaac. Wadebridge boasts an array of large retailers along with niche independent retailers, cafés and restaurants.

Leasehold Asking Price: £54,950 plus sav (£1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Sandwich Bar & Deli which is located in the busy town of Wadebridge. The business has been established for over since 1998 and has been in the careful hands of the current owners for the past 6 years. Reluctantly they are offering the business for sale so that they can enjoy a well deserved retirement. Since ownership they have totally refurbished and continually invested in new equipment along with fixtures & fittings which are all 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. The business is owner operated and employs the help of 1 full time member of staff and has an annual turnover of £75,839 with a gp of (53%). Le Snack is serves a fine range of hot panini’s, Italian flat breads, freshly baked baguettes, sandwiches, hot & cold wraps, jacket potatoes, pasta, home made soups, various types of cakes as well as tea’s & coffee and a selection of cold drinks. We believe that there is further potential to increase trade should you wish, by extending upon the current opening times and expanding the outside catering trade. The business enjoys a 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 concern which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Opening Hours
Monday – Saturday – 9.00am – 3.00pm
Sunday – closed

Leasehold
New lease available
Original length: 10 years
Remaining: 5 years
Rent: £10,552 pa
Business rates: Zero

Ground Floor
Takeaway area (5.3m x 4.2m) comprising: Large chilled display counter (Criosbane), ice cream display counter, upright drinks chiller, various menu boards, dual sandwich toaster (Buffalo), dual sandwich toaster, fan, electronic cash register, wash basin, various shelving, upright fridge (Kelvinator, electric oven (Smeg) and oven stand.
W/C with wash basin.
Storeroom (1.5m x 1.5m) with various shelving.

Kitchen (3.2m x 2.3m) comprising: Dual sink with drainer, various shelves, 2 stainless steel prep tables (Sissons), 5 stainless steel tables, commercial food mixer (adt), water heater, cooking hob, toaster, stainless steel freezer (Blizzard), upright fridge (Gram), microwave (Breville) and various kitchen utensils.

EPC Rating D

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (local rate)

Contact Veritas Business Sales Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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