This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Pub for sale

The Mill House, Trebarwith Strand Tintagel

£1,350,000

Property Description

Key features

  • COASTAL HISTORIC INN, WITH FUNCTION ROOMS
  • CHARACTER BAR/DINING AREAS (40 COVER)
  • RECENT FUNCTIONS ROOM ADDITION (120 COVER)
  • 8/9 EN-SUITE LETTING BEDROOMS
  • SEPERATE COTTAGE/ LETTING SUITE
  • GARDENS & GROUNDS OF CIRCA 5 ACRES
  • CONSISTENT SALES & PROFITS
  • GENUINE SEMI-RETIREMENT SALE
  • EPC D

Full description

One of the County's foremost hospitality businesses in North Cornwall, which has recently been awarded the 'Top Foodie Pub in Cornwall' (by the Food Magazine). The Mill has been extensively renovated by our clients to provide several bar / dining areas, letting rooms and a Functions Room which can cater for 120 guests. The property is well presented and has strong Trading and Accounts and Profits. A rare opportunity to acquire a successful and iconic business.

Location - The Mill House is located in Trebarwith, a splendid valley setting leading to the beach at Trebarwith Strand and is close to the popular North Cornish villages of Tintagel and Port Isaac. The Mill House is an ideal location to explore the coastline and with access to the A39 connecting east and west Cornwall makes this an ideal location in a popular part of Cornwall.

The Property - We understand the Mill House has traded as a business since the 1950s, has been in our clients tenure for the past circa 12 years who are now selling due to other commitments away from this industry. The Mill House has been extensively extended by our clients in 2008 to provide a superb Functions Room, which can cater for up to 120 guests and is also flexible in its layout to accommodate smaller groups. The Functions Room is an ideal addition to the historic Inn and blends period features, namely exposed ceiling beams, wooden flooring and fireplaces. Set over two floors are the 8 to 9 guest letting bedrooms, all of which are equipped with either en-suite bath or shower rooms.

There is also a detached cottage (formerly owner/managers accommodation) which serves as a self-contained letting unit. The Mill House is set within circa 5 acres of wooded valley grounds and parking for circa 60 vehicles. A covered building with open sides doubles up as covered seating/smoking shelter and once decorated is the building where marriage ceremonies take place.

Overall, the Mill House exudes considerable character, with the recent addition of the Functions Room and is well presented and equipped to appeal to the most discerning of guests.

The Business - The Mill House enjoys a wide reputation with a local client base, which is obviously boosted significantly by tourist trade. We are advised by our clients they a 4* Rating by Visit England (with 79%), and has also recently been awarded the Top Foodie Pub in Cornwall. Also the Mill House has a reputation for weddings with c. 20 conducted per annum, has a Marriage Licence allowing it to conduct Civil Ceremonies (recently renewed until 2019).

In terms of the trade, we are advised the turnover for the year end December 2015 showed net sales of £562,949, which produced a gross profit level of 66.9% and an adjusted net profit of £130,292 (after deducting all normal overheads and indeed wages of £151,019). Further accounting information will be made available subject to a viewing appointment in the normal manner. For further information regarding our clients business please visit their website www.themillhouseinn.co.uk

The Accommodation Comprises - (all areas and dimensions are approximate)

Entrance leading into:-

Reception/Guests Lounge - 7.04m x 3.6m. A charming introduction to the property with wood burner inset into hearth, window to side elevation, slate floor. Reception desk. Behind the reception desk:-

Cellar - From entrance door into:-

Dry Store - 4.08m x 4.06m. Leading through to:-

Wine And Linen Store & Staff Wc - 3.93m x 2.33m. From reception through to:-

Main Bar/Dining Area - 8.77m x 8.48m. A very attractive room with slate floor, exposed stone walls, built in wooden bar servery, wood burner with seating and other tables and chairs for circa 14 to 16 covers. Through to:-

Dining Area - 7.09m x 5.58m. With windows to 3 elevations, wooden floor, principal dining room for the guests breakfasts and for lunch. Tables and chairs for circa 24 covers. Through to:-

Kitchen 1 - 3.82m x 2.81m, plus 2.79m x 4.34m. Windows to 2 side elevations, well equipped commercial kitchen with commercial non-slip flooring, principal cooking equipment includes a 6 ring gas cooker with 3 vent extraction system. Defined washing up area and food preparation/serving area. From the breakfast/dining room through to the new extension which comprises an inner hallway connecting to its own entrance servicing the Functions Room and customer wcs.

Inner Hallway -

Ladies Wc - 3 wcs, slate floor.

Disabled Wc -

Gents Wc - 1 wc and 2 urinals. Through to:-

Functions Room - Of 'L' shape configuration. 9.00m x 10.86m, plus an area which can be divided off 5.84m x 5.75m. An extremely impressive addition to the property with vaulted ceilings, sky lights and wooden flooring, which we are advised has underfloor heating. The functions room is capable of entertaining guests up to circa 120 persons. We are advised the Functions Room has a fully integrated sound system. Doors opening onto a licensed terrace.

Bar Area - 3.47m x 2.07m. Specifically used in connection with functions, built-in wooden bar/servery, several taps being serviced by its small outside cellar. Through to:-

Kitchen 2 - 8.04m x 5.90m. An extremely well equipped purpose built kitchen with large swing doors to the Function Room, commercial non-slip flooring, principal equipment comprising 6 ring gas cooker, with 8 vent extraction system, hot plate, commercial oven and pass through dishwasher. Through to:-

Walk-In Chiller, Staff Wc & Store - 5.77m x 3.61m overall. Door to rear elevation.

Schedule Of Letting Accommodation - Arranged over the first and second floors

First Floor -

Room 1 - Superior. Window to side elevation, en-suite bath with shower over.

Room 10 - Superior. Window to front elevation, en-suite bath with shower over.

Room 5 - Superior. Two windows to the side elevation, en-suite bath with shower over.

Room 2 - Double. Window to side and rear elevations, en-suite shower.

Room 3 - Double. Two windows to side and rear elevations, en-suite shower.

Linen Cupboard -

Second Floor -

Room 6 - Double. Window to side elevation, en-suite shower.

Room 7 - Twin. Window to side elevation, en-suite shower.

Rooms 8 & 9 - Family/Double. Being offered as a single letting unit comprising a double bedroom and a further room with 3 single beds, window to 2 elevations, en-suite bath and shower.

The Cottage - Situated adjacent to the principal Mill House is a property known as The Cottage, entered at first floor level with stairs ascending, alternatively with access from the lower ground floor. Door into:-

Lounge, Kitchen & Diner - 6.3m x 3.61m. A very attractive room with built-in kitchen, 2 windows to 2 elevations, feature wood burner in one corner. Stairs ascending to the lower ground floor.

Superior Bedroom - With door and window to the side elevations, bath with shower, heated towel rail, window to side elevation.

Outside - Parking to the front of the property and with a recently completed further extension car park, providing overall 60 spaces and with some grounds for the guests to enjoy, in particular a feature stream which runs on the boundary of the property which can be used as part of the wedding ceremony.

Outside Smoking Area/Civil Marriage Building - An attractive addition to the front of the property which has a dual purpose as a covered smoking area for customers or is decorated and used as the building for the marriage ceremony.

Tenure - Freehold

General Information - LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate - The Energy Performance Rating for this property is a D.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Premises Licence - We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.

Contact Information - For further information or an appointment to view please contact either:-

Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk or
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or
Beverly Northey on 01872 247031 or via email bn@miller-commercial.co.uk

Business Rates - We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock - To be taken at valuation.

Superfast Broadband - For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit http://www.superfastcornwall.org/.

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.


More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference 26808142. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miller Commercial, Truro. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.