4 bedroom house for saleThe Saxon Bridge, Big Green, Polperro, Looe PL13
Guide Price £650,000
- Popular Established Restaurant
- Separate Brasserie And Bar
- Prime Trading Position
- Close To Polperro Harbour
- Trading Successfully 30+Years
- Four Bedroom Accommodation
- Established Clientele
- Potential Growth Opportunity
Commercial and residential opportunity. Nelson's Restaurant has been established for over 30 years as a Restaurant and Brasserie with residential accommodation close to Polperro harbour and next to the Saxon Bridge and River Pol. The Restaurant has a well-equipped kitchen with 40 covers and bar. Captain Nemo's Brasserie features a bar with dining for 20-30 covers. The accommodation includes four bedrooms, lounge-dining room, fitted kitchen, terraced patio, family bathroom and shower room. In good decorative order with nautical features to dining and bar areas, the property offers potential to increase trading volumes from the current 30 hours per week, with opportunity for letting part of the accommodation.
The property is located in the heart of Polperro about 150 metres from the Harbour, close to the Saxon Bridge and the River Pol. For more than a century, Polperro has attracted artists who have painted, sketched and etched its picturesque harbour scenery and dramatic landscape. Polperro is a 13th century fishing village, originally belonging to the ancient Raphael Manor mentioned in the Domesday Book.
(To a maximum of 25ft ) Presented in good decorative condition with a wealth of nautical artefact's, Nelson's Restaurant seats 40 covers with tables, upholstered chairs, beamed ceiling, dado rail, fitted carpet, and panelling to walls. The covered porch has steps up to the front entrance and a fully equipped bar features a brass plated handrail, range of optics, pumps, shelves and chiller cabinets. To the rear of the bar area is a glass store / preparation area (7' 9'' x 4' 10'' ). A further door leads to:-
17' 6" x 14' 0" (5.33m x 4.27m) Fully lined stainless steel walled commercial kitchen complying with current regulations, totally refurbished in 2005. Fitted with stainless steel hob, griddle, fridges and freezers, steam convection ovens, pan racks, extractor canopy, commercial microwaves, wet and dry preparation areas and a dumb waiter to the lower ground floor. Contract vinyl flooring and fluorescent lighting.
26' 6" x 16' 5" (8.08m x 5m) (Extending 18ft 7) Captain Nemo's Bar and Brasserie, opened in 1994 and located to the lower ground floor has a street entrance down steps offering potential for separate trading. This well equipped brasserie seats 20-30 covers with tables, chairs and upholstered bench seating decorated to a nautical theme with a tiled floor, beamed ceiling and timber panelled walls with porthole windows. To the rear is a walk-in freezer, beer chillers, pump room, beer cellar, store area, and ice machine. The Bar is well appointed with hand pumps, optics, refrigerators, and a dumb-waiter enabling food service from the kitchens above. To the corridor outside the bar are Ladies and Gentlemen's WC's. Stairs lead from this corridor to the main restaurant.
To the first and second floors the owners accommodation comprises lounge-dining room, modern kitchen, four bedrooms, family bathroom and patio area.
Approached via steps to the side of the main restaurant.
Short hall with space for coat hanging leading into the kitchen.
18' 0" x 13' 6" (5.49m x 4.11m) Fitted with a modern range of floor and eye level units in oak effect including some glazed and leaded display cupboards with a marble effect worktop with wood edge trim. Vinyl floor. Power points. Space for washing machine, integral dishwasher, and fridge. Inset four ring electric hob. Electric oven inset to tower unit. Double glazed window to side elevation overlooking patio area. Glazed stable door to patio. Interior door to stairs. Glazed French doors to lounge.
Paved patio area outside the kitchen with pierced concrete block walls and views over wooded hillside.
28' 6" x 10' 2" (8.69m x 3.1m) (Widening to 13ft 2) Large L-shaped lounge with two bow windows and deep sills to the front elevation. Beamed ceiling. Dado rail. Feature stone fireplace with timber lintel and an inset wood burning stove. Fitted carpet. Two radiators. Power points. Deep cupboard. Door to hall with shower cubicle and further door to bedroom.
14' 2" x 12' 11" (4.32m x 3.94m) From a short hall with shower cubicle. Window to side elevation. Power points. Double doors to wardrobe. Folding glazed door to toilet with white close coupled WC. Dado rail. Radiator. Vinyl tile effect floor.
Electric shower to cubicle in short hall outside the bedroom.
From a door leading up from the kitchen to the first floor landing with window overlooking the town, power points, radiator and hatch to loft.
12' 2" x 10' 9" (3.71m x 3.28m) Window to side elevation. Power points. Radiator. Fitted carpet. This room is presently used as an office.
11' 8" x 9' 5" (3.56m x 2.87m) Window to front elevation. Power points. Radiator. Fitted carpet. Built in wardrobe.
15' 0" x 10' 4" (4.57m x 3.15m) Window to front elevation. Power points. Radiator. Fitted carpet. Built in wardrobes. Picture rail.
Corner shower with electric unit and mixer, low level w.c. vanity basin, tiled walls and floor, heated towel rail.
The vendor has operated the business since 1973 and now plans to retire. Currently trading for about 30 hours per week with a Premises Licence, the business has scope to increase trading hours (currently Mon-Sat 10am to 12pm and Sunday 12am to 11.30pm), utilise accommodation for letting or trade Nemo's Bar as a separate entity if required. The 2003 Licensing Act requires the designated premises supervisor to hold a Personal Licence to serve alcohol. Potential buyers should take specialist advice to ensure they are eligible to apply for this type of licence. Turnover for the year; 5Th April 2006 was £110,683 on 7 months trading, with a gross profit margin of 67.2 per cent. The vendors will make available further accounting history to bona fide clients in a position to proceed.
Viewing will be arranged through Your Move Bridgemoors for potential purchasers with proof of funds to proceed.
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