Available

Launceston, Cornwall

£38,750 Leasehold Ref: 4262
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Launceston is on the A30 trunk road, the main route into Cornwall for both visitors and residents and is approximately 40 miles west of Exeter, 25 miles north of Plymouth and 20 miles east of Bodmin. It is roughly midway between the north coast of Cornwall at Bude and the south coast at Saltash. Dartmoor National Park is less than 10 miles distant. The Red Chair Cafe is located adjacent to Launceston’s famous 13th century Southgate Arch which is the only one of three arches to remain in what is left of the original town wall.

The café trades from a substantial 4 storey Grade II Listed premises consisting of a lower ground floor, currently used as a function room, commercial ground floor trading as the established Red Chair Café plus owner’s lounge, bedroom & shower room and a studio flat which is currently let on an Assured Shorthold Tenancy Agreement. The café offers a range of freshly cooked meals and homemade cake, scones and muffins. The owners specialise in gluten free, dairy free and vegetarian options which prove to be very popular. The Red Chair has been voted the Travellers Choice for 4 years running with scores of excellent reviews on TripAdvisor.

The Red Chair trades 5 days per week 9 – 4pm. The premise is also available for private booking along with the meeting/function room, The White Room, which is accessed off Angel Hill. The owners choose to limit the trading figures to just under the VAT Threshold with a net profit of circa 30%. The owners are now looking to retire after 6 years running the café.

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