Highly profitable daytime cafe and coffee shop

Ref : R1378

Price

Leasehold : £129,950.00 SAV SOLE AGENTS

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Highly profitable daytime café and coffee shop.
  • Enviable city centre trading location.
  • Modern lock-up premises well presented and comprehensively equipped throughout.
  • Two café areas covers approx. 80.
  • Trade patio covers approx. 30 persons.
  • Well established and reputable concern.
  • Turnover approx. £376,068 per annum with gross profit approx. £250,789 per annum.
  • Excellent adjusted net profit excess £106,000 per annum.
  • New lease available. Viewing strongly recommended.

This superb and highly profitable business occupies a prime trading position in the very heart of the city centre of Plymouth.  Cornwall Street is a thriving pedestrianised thoroughfare and there are a full and varied selection of businesses represented nearby, all of which combined to service the needs of the many hundreds of thousands of shoppers and visitors to the city centre.  The shop fronts directly on to Cornwall Street and is a short walk from Plymouth’s new coach station, opened in September 2016 as well as Plymouth’s indoor market which has recently undergone a £3.5 million pound refurbishment, and this when combined with a number of new multi million pound student accommodation developments, will help to attract more footfall to the area to help ensure the continued viability of the business.

Plymouth, with a population of over 250,000 is the largest city in the West Country.  Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards.  The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail.  Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks.

Register with us today

Account Details


Personal Details




Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

We want you to know exactly how our service works, how we use your personal data and how it is stored and transmitted. Please state that you have read and understand our Terms & Conditions and our Privacy Policy.

To proceed you must accept our Terms & Conditions:


Viewing

Our clients require that all viewings must be arranged by prior appointment through our offices. Telephone now on PLYMOUTH (01752) 20 60 20 (24hr answering service) when we will be pleased to make all your appointments for you, and bring you up-to-date with newly listed businesses.

Professional Services

We are also Specialists in Valuations for all purposes, Rent Reviews, Lease Renewals, Rating, Compensation, Planning, Property Management and Auctions. Contact our team of professionally Qualified Surveyors, Valuers and Auctioneers for all your requirements. Telephone us now on PLYMOUTH (01752) 20 60 20 (24hr answering service).

Mortgages

Contact our offices now for all your mortgage requirements. Plymouth (01752) 20 60 20.

Complete the form below and we will contact you as soon as possible

Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

We want you to know exactly how our service works, how we use your personal data and how it is stored and transmitted. Please state that you have read and understand our Terms & Conditions and our Privacy Policy.

To proceed you must accept our Terms & Conditions:

Office Address

Huntley & Partners
Spargo House
10 Budshead Way
Plymouth
Devon
PL6 5FE

Telephone

01752 206020

(24hr answering service)