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Community public house with letting rooms in coastal village location

Price:
Leasehold - £150,000
Seller Ref:
l2562
Location:

Cornwall

Business Type:

Commercial Property, FRANCHISE RESALES, Pubs

See Other:
Pubs for sale in Cornwall
Public houses for sale in Cornwall
Pubs and hotel property for sale in Cornwall
Pub tenancy resales for sale in Cornwall
Pubs for sale in Cornwall
Commercial property for sale in Cornwall
Franchise resales for sale in Cornwall
Description:
THE BUSINESS:
Community public house opportunity in coastal village location
Offers two traditional style bar areas, restaurant for 50+ covers
Owners accommodation and 6 letting bedrooms
Location Details:
The Cadgwith Cove Inn is located in the centre of the picturesque coastal village of Cadgwith, a quintessentially Cornish harbour village on the southern tip of the Lizard peninsula. The village is focussed around the delightful Cadgwith Cove where fishing boats continue to ply their trade as they have done for hundreds of years. The Cadgwith Cove Inn operates as a community style pub and the social centre of the village, being the sole public house and also serves the huge influx of tourists to the area throughout the year. The Cadgwith Cove Inn comprises a detached 18th/19th century three storey granite and stone construction under a pitched slate roof with many later additions to the rear, with an enclosed patio area to the front of the property, accessed via a unique thatched entrance.
Lease Terms:
The property is held under a 20 year lease from Punch Taverns dated 2005 with a current passing rental of £50,000pa, subject to five yearly rent reviews with a full tie for beer and cider only, free for wines, spirits and soft drinks.
Accommodation:
WC SHOWER ROOM STORE OFFICE BEDROOM 2 Double, front aspect with views over Cadgwith Cove. BEDROOM 3 Double, front aspect with similar views and ensuite shower, WC and washbasin. BEDROOM 4 Double, dual aspect, washbasin. STAIRWAY TO SECOND FLOOR BEDROOM 5 Double, dual aspect, washbasin. BEDROOM 8 Double, front aspect with ensuite shower, WC and washbasin. BEDROOM 6 Twin, front aspect, washbasin. BATHROOM With bath, shower, WC and washbasin. UTILITY ROOM OUTSIDE To the front of the premises lies an enclosed paved patio area, part covered, with smoking facilities. Walkway to the rear gives private entrance to the letting accommodation. LADIES TOILETS WC, washbasin. GENTS TOILETS Urinal, WC, washbasin.
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