premier pub opportunity, central town location

Price:

Leasehold - £25,000

Seller Ref:

L3122

Location:

Cornwall, Falmouth

Business Type:

Commercial Property, Pubs

See Other:

Public houses for sale in Cornwall
Pubs for sale in Cornwall
Pubs and hotel property for sale in Cornwall
Pubs for sale in Cornwall
Commercial property for sale in Cornwall

Description:

THE BUSINESS:

Town centre pub/restaurant opportunity
Recently refurbished bar areas, commercial kitchen
4 letting bedsits, owners accommodation

Location Details:

The Kings Head is one of the most famous inns in Falmouth, located in the heart of this vibrant and expanding town. Falmouth is a popular and well known resort town on the south coast of Cornwall and serves as an important social and administrative centre for this area of the county. Falmouth is known for its port and harbour facilities and in recent years has witnessed the arrival of The National Maritime Museum as well as the University of Cornwall which has led to a large influx of students in the area. Falmouth has excellent road and rail links and has an all year round population of some 20,000 persons which is greatly increased during the seasonal months by the many visitors to the area.

Lease Terms:

The premises are held on a 20 year lease from Punch Taverns with five yearly rent reviews, at a current rental of £32,000pa, with a tie for beer and cider only.

Trading Hours:

10am to midnight, seven days a week with licence extensions to 2.30am on Friday and Saturday and 1.3

Accommodation:

One bedroom owners flat with bathroom and kitchen.