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The Olive Grove Barras Moor
1,027 SF of Assignment Available in Perranarworthal TR3 7PE
Assignment Highlights
- Two expansive car parks shared with other units on Barras Moor Farm
- Located in a vibrant rural business location home to a diverse array of businesses
- Nestled in the village of Perranworthal, conveniently located between the city of Truro and Falmouth
- A storage container and shed are also situated conveniently nearby
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,027 SF | Aug 2034 | $21.63 /SF/YR $1.80 /SF/MO $22,217 /YR $1,851 /MO | TBD |
Ground
The Olive Grove has become a cherished catering venue in Perranworthal, beautifully set within Barras Moor Farm. This popular café boasts a strong reputation and loyal clientele. Leasehold : £69,950 + SAV, for the business as a going concern to include fixtures & fittings, staff, goodwill. Plus stock at valuation. Term - 10 years from 30th August 2024 Rent - £1166.67 per month. June 2025 £1,458.33 per month Rent review - June 2027, 3 yearly thereafter Container ground rent - £40 pcm Service Charge - £198.17 per month Insurance - £51.24 per month Break Clause - Tenant only every 3 years Use - Exclusive catering use on site Normal fixtures and fittings associated with this type of property are included in the sale and detailed inventory of trade fixtures and fittings will be supplied prior to exchange of contracts. Please note art work is not included. The business: The café and bar is a vibrant, daytime venue open from morning until late afternoon, offering a variety of breakfast, lunch, and dessert options alongside a full range of hot and cold beverages. Currently, it operates from 9:00 am in the morning until 4 pm, managed by a full roster of full and part time staff working with about 5 staff on shift on a standard day to include full time salaried manager and zero hour contract staff. The Olive Grove Bistro serves a mixed menu for breakfast, Brunch and Lunch, with tapas evenings, cream teas, cakes and a wide range of hot and cold beverages, alcoholic drinks, catering for small events, family gatherings, the very popular roasts and seasonal menus in addition to the daily menu. Open all year round.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Energy Performance Rating - B
- Common Parts WC Facilities
- Open-plan layout
- Display refrigerators
- Excellent décor
- Quality furnishings
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR Barras Moor , Perranarworthal, CON TR3 7PE
| Property Type | Retail | Gross Leasable Area | 1,027 SF |
| Property Subtype | Restaurant | Year Built | 2000 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,027 SF |
| Year Built | 2000 |
About the Property
The property features a charming, single-story building with wood-panelled walls. The main entrance, at the rear, opens into a spacious open-plan layout. Upon entry, guests are greeted by a bar/servery equipped with display refrigerators, a coffee machine, and a cash register. This flows into the main seating area with 15 covers, with an open-plan kitchen outfitted with premium fixtures and appliances. The main seating area provides space for 32 more covers with large bi-folding doors to the outside areas. Two sliding doors offer convenient access to different outdoor spaces, an uncovered decked area for 30 covers and 25 covers with the marquee. Ideal for all seasons, the venue is impeccably presented with excellent décor, quality furnishings, and well-maintained fixtures.
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The Olive Grove | Barras Moor
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