Summary - OLIVES CAFE, ISLAND SQUARE TR26 1NX
1 bed 1 bath Restaurant
### Standout Features:
- Historic café operating since 1939, located in a popular tourist area of St Ives.
- Established turnover of approximately £80,000 per annum.
- Leasehold property with 11 years remaining on the lease, which may affect financing options.
- Charming rustic design with potential for outdoor seating.
- Includes all fixtures and fittings, making it a ready-to-go business.
- Opportunity for expansion or continuing the current successful trade.
### Summary:
Nestled in the picturesque Island Square of St Ives, Olive's Café offers a unique opportunity for those seeking a cozy, seasonal business in a vibrant tourist destination. With a rich history dating back to 1939, this quaint café is ready for a new owner to either build upon its existing success or adapt the space to new offerings. The intimate interior can accommodate 20 patrons, while an additional 14 can enjoy outdoor seating in a rustic garden ambiance, perfect for the warmer months.
Despite its charm and excellent turnover potential, buyers should note that the remaining 11 years on the lease may pose financing challenges due to mortgage lenders' policies. The café's fortunate location near local beaches and art galleries enhances its appeal, creating an inviting atmosphere that capitalizes on St Ives' bustling tourism. This listing holds great investment potential for entrepreneurs looking to make their mark in a sought-after community. Don’t miss your chance to be part of the St Ives experience!
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