Cafe, Retail Property (high street)

Pasty Shack, 60 Church St, Falmouth TR11 3DS

  • Falmouth
  • £25,500
  • 1,086 Sq Ft

Property Features

  • ESTABLISHED CAFE & TAKEAWAY BUSINESS
  • PRIME LOCATION IN CENTRAL FALMOUTH
  • 11PM ALCOHOL LICENCE
  • TAKEAWAY LICENCE UNTIL 130AM
  • ENERGY PERFORMANCE RATING (C)

Property Summary

Opportunity to buy an established pasty shop & cafe business located in a prominent high-street position in the popular town of Falmouth.  The premises extends to 1,086sqft comprising of retail area, cafe and seating with impressive views across the harbour.  Viewing is highly recommended.

Full Details

Overview:
The Pasty Shack is a well established pasty shop and cafe located on the main thoroughfare of Church Street, in the very centre of Falmouth.
The premises is set over 3 floors, with the ground floor offering retail and seating areas with the benefit of high-street frontage. Further seating is available upstairs offering impressive views over Falmouth harbour.
The business has been established for over 14 years and it has recently been refurbished throughout; including recent investment in new equipment, fixtures and fittings. The cafe currently stocks pasties, hot snacks, hot & cold beverages and ice cream and is open all year round.
The premises benefits from a licence to sell alcohol until 11pm and a has a takeaway licence until 1.30am Thursday to Saturday.

Opening Hours:
Mon-Sun 9.00am – 5.00pm (Summer)
Mon-Sun 10.00am – 4.00pm (Winter)

Accommodation:
Lower Ground Floor - 31.7sqm (341sqft)
Ground Floor - 39.4sqm (424sqft)
First Floor - 28.9sqm (320sqft)
Total Internal Area - 100.9sqm (1,086sqft)

The Business:
The Pasty Shack enjoys a good local covenant and benefits from high footfall in the busy tourist season.
We have been advised that the annual turnover is approx £83,000.
Extended opening hours are operated throughout the summer to maximise sales and there is potential to extend these further under new ownership.
The premises benefits from a licence to sell alcohol until 11pm and a has a takeaway licence until 1.30am Thursday to Saturday.

Availability:
The business is being sold with an asking price of £25,500 to include current Fixtures and Fittings, plus SAV.
It is offered by way of the assignment of the existing 10-year lease expiring on 28/05/2025 with a rent review at 29/05/2020 and a passing rent is £21,000pa.

Viewings:
As the business is currently trading we encourage all interested parties to view as customers in the first instance. Further viewings/inspections can be arranged via Redgrave Commercial.

More Information

  • Make Enquiry
  • View EPC
  • Call 01872 277314