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Leasehold Italian Restaurant In Falmouth For Sale

Falmouth, Cornwall, UK
Asking Price:
£49,950 Furniture / Fixtures included
Sales Revenue:
£80,000
Cash Flow:
Available on request

Leasehold Italian Restaurant located in Falmouth. Prominent town centre location. Ratings / TripAdvisor 5.0 / Google 5.0

Veritas Business Sales are delighted to offer for sale this delightful Italian Restaurant which is located in Falmouth. The business was established over 20 years ago and has been in the careful hands of our clients for 1 year. They are now offering the business for sale due to unforeseen personal reasons.
Since ownership they have 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. Pomodoro Italian Restaurant is owner operated with the help of 1 full time and 2 part time member of staff and has an annual turnover of circa £80,000.
They serve a fine range of rustic Italian classics, specializing in homemade bread, pasta, pizza and ice cream. Fresh fish also is featured on the menu with locally caught mussels being very popular. All can be accompanied with some fine wines which can all be enjoyed in a relaxed and cosy atmosphere. All fayre is freshly prepared to order on site using only the finest Italian produce which has gained them a TripAdvisor certificate of excellence with a 5 star rating.
We believe that there is further potential to increase trade by extending upon the current opening times and opening lunchtimes as well as Sundays & Mondays, which they currently do not do. The business already 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 business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Original term: 10 years Remaining : 9 years Rent: £12,000 pa Business rates: Currently zero

Location:

This respected Italian Restaurant is located in the vibrant harbour town of Falmouth which offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned on the main street in the heart of the town centre and close to the cinema, bus station and only a short walk from the marina and Maritime Museum. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Premises Details:

Ground Floor
Restaurant (3.2m x 9.1m) comprising: 5 tables with covers for (20), various shelving, 2 window seats, various pictures, sales counter, electronic till, espresso coffee machine (Faema), coffee grinder (Brevetto), drinks fridge (Stella Artois), drinks blender, music system.
Kitchen (2.9mx 2.4m) comprising: salad chiller (Isla), basket fryer, hot plate (Arrigoni), 4 burner oven (Arrigoni), stainless steel cupboard, stainless steel fridge (Blizzard), under counter freezer 3 stainless steel prep tables, griddle, induction hob, various pots and pans, 2 door plate warming cupboard, pasta making machine (Dvuronic), wash Basin, extraction unit. Potwash area (2.5m x 2.7m) comprising: sink with twin drainer, dishwasher (Maiaid), stainless wall mounted cupboard, stainless steel fridge (Blizzard), microwave (Daewoo), under counter fridge, 2 stainless steel prep tables, various stainless steel shelves, dough maker (Arvigon), ice machine (Polar)
Ladies & Gents Toilet w/c with wash basin and wall mounted mirror.

External
Rear
Storage shed with various shelves, freezer (Vestfrost)

Energy Performance Rating:
E

Business Operation

Trading hours:

Thursday – Monday – 5:00pm – 9:00pm
Tuesday & Wednesday – closed

Years established:
20 years

Other Information

Inventory / Stock value:
£1,000

Contact Veritas Business Sales

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