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pub restaurant in village location close to Wadebridge

Price:
Leasehold - £125,000
Seller Ref:
L2832
Location:

Cornwall, Chapel Amble, Wadebridge

Business Type:

Commercial Property, Food Service Businesses, Pubs

See Other:
Restaurants for sale in Cornwall
Pubs for sale in Cornwall
Public houses for sale in Cornwall
Pubs and hotel property for sale in Cornwall
Food service businesses for sale in Cornwall
Pubs for sale in Cornwall
Commercial property for sale in Cornwall
Description:
THE BUSINESS:
Superb opportunity to acquire a quality pub restaurant
Central village location
Offers traditional bar/dining areas for 120+ covers
Outside trading area fronting village green
Separate garage/car parking
Owners three bedroom accommodation
Location Details:
The Maltsters Arms is one of Cornwall’s most well-known quality pub/restaurants, centrally located in the picturesque village of Chapel Amble in North Cornwall, overlooking the village green. The Maltsters Arms comprises an end of terrace brick and stone property built in 17th/18th century, under a pitched slate roof with many later additions. Chapel Amble is located 2 miles from Wadebridge, close to the popular resort towns of Padstow, Rock, Polzeath, Port Isaac and St Minver.
Lease Terms:
The property is held leasehold under a 20 year lease dated 2nd January 2002 from Punch Taverns on fully repairing and insuring terms. We are advised by our client that the rent has been revised to £40,000pa. The business is fully tied for barrels and bottled beer but free for wine, spirits and soft drinks.
Trading Hours:
11am to 11pm, seven days a week, throughout the year with some extended hours.
Accommodation:
BEDROOM 1 Double, front aspect BEDROOM 2 Double, front aspect. BEDROOM 3 Double, front aspect. SITTING ROOM OFFICE BATHROOM 1 with shower, WC and washbasin. BATHROOM 2 with bath, WC and washbasin.
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