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FOR SALE: The Ancient Mariner Bistro, Looe, Cornwall

FOR SALE: The Ancient Mariner Bistro, Looe, Cornwall - 15th October 2018

FOR SALE: ATTRACTIVE AND WELL PRESENTED LICENSED BISTRO IN THE MUCH SOUGHT AFTER COASTAL FISHING PORT OF LOOE
THE ANCIENT MARINER BISTRO, HIGHER MARKET STREET, LOOE, CORNWALL, PL13 1BW
LEASEHOLD: £59,950

The Ancient Mariner Bistro is a well-regarded licensed bistro which is presented to a high standard throughout. Currently trading evenings only and on greatly restricted hours, there is undoubtedly a wealth of potential to extend the current offering, to include lunchtime or all-day opening.

The Ancient Mariner Bistro is situated in the heart of East Looe, an attractive riverside town on Cornwall’s south coast. The business is well located on one of the main thoroughfares within the town and leading to the beach. The resident population is approximately 5,000 which is boosted considerably by visitors to the town throughout the year and particularly during the peak summer months. Looe also draws trade from the many nearby coastal villages, hamlets and towns. Looe is situated within approximately 20 minutes’ drive of the A30 trunk road, which brings this picturesque corner of Cornwall within easy reach of Plymouth and the M5 motorway network beyond. Looe must be one of the most photographed harboursides in the Westcountry and an active fishing industry still operates from the harbour, off which there is a maze of streets with excellent shopping facilities leading to East Looe’s fine sandy beach.

The intimate, 24 seat restaurant specialises in local fish and seafood with a menu which offers fresh fish, meat and poultry and reflects the best local produce that Cornwall has to offer. Our clients source all of the produce locally with all of the food freshly cooked to order and this attention to detail has ensured that the business enjoys excellent levels of regular trade and an impressive local following, together with a seasonal boost during the busy holiday months. The business has been refurbished by our clients, since they took ownership in January 2015 and it is consequently well presented throughout. The business has its own website www.ancientmarinerslooe.com which provides further background and information. The sale of The Ancient Mariner Bistro offers undoubted potential for incoming operators to build on the existing levels of trade and develop the style of trade to suit their own requirements and to take advantage of this highly desirable catering business in a highly sought-after Cornish coastal town.

The leasehold business is on the market for £59,950. Full property details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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I am very grateful for all your efforts and patience in selling my business. Many thanks again.

Anne Olivant - Previous owner of Olivants, Exmouth