Restaurant/cafe to let in 2 Morwenna Terrace, Bude EX23
£13,000 pa (£13000.00/sq. ft. pa)
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Call +44 1271 618961 *
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In a prime town centre trading position opposite the Post Office and close to Summerleaze Beach, the premises are within walking distance of the town centre shops. Bude is recognised as North Cornwalls premier tourist resort having a population of around 9,200 inhabitants, which is boosted during the summer months with an influx of tourists. There are excellent holiday facilities, numerous beaches and a golf course within the town centre. Nearby towns include Barnstaple 35 miles to the North, Exeter 54 miles to the West, Newquay 43 miles to the South and Truro the main capital of Cornwall is 52 miles away. The town has an interesting selection of local and national shops and there are numerous supermarkets in the town including Sainsburys, Co-Op, Morrisons and Lidls.
*With an ingoing premium of £59,950*
The premises comprise of a leasehold lock-up unit of approx. 750 sq ft with 2 customer cloakrooms and to the rear is a commercial kitchen, staff cloakroom, wash up room, lean to storage area and pastry kitchen. The property also benefits from a small enclosed yard and parking for up to 2 cars to the rear. To the front is a forecourt area used as patio seating. The premises offer seating with 10 tables and seating at the bar and window tables. Overall there is indoor seating for approx. 46 customers. The premises will be offered comprehensively furnished and equipped, subject to trade inventory.
Operated by a family and now available reluctantly due to ill health, the business is that of a popular town centre licenced cafe and under the personal supervision of a husband and wife team with numerous part-time staff if and when required. Open 7 days a week during the summer: Opening 8.30 am to 5 pm Monday to Saturday and 9 am to 5 pm on Sunday. Winter opening hours: Monday to Saturday 8.30 am to 4 pm and 9 am to 4pm on Sunday. The business has a 5* food hygiene rating and is a dog friendly café serving a loyal client base and the holiday trade. The turnover is approximately £150,000 p/a with a gross profit of £103,000 p/a. Full details of accounts will be made available to those seriously interested parties who have inspected the premises.
The premises are offered on the basis of a lease with 3 years un-expired but we understand verbally the Landlord will provide a new 15 year lease at a current passing rental of £13,000 per annum. An ingoing tenant will need to provide the usual bank and trade references for Landlords approval.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
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