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Restaurant for sale

The Sanctuary, Budock Water, Falmouth

Guide Price £20,000

Property Description

Key features

  • CHARACTERFUL LEASEHOLD BAR/RESTAURANT
  • PICTURESQUE VILLAGE CLOSE TO FALMOUTH & PENRYN
  • APPROX 100 COVERS AND A LARGE CAR PARK
  • INTERNAL VIEWING STRONGLY RECOMMENDED

Full description

A leasehold Bar/Restaurant in a charming village close to Falmouth, currently trading on restricted hours, offering tremendous scope for hands on operators and is considered highly suited to a variety of hospitality uses.

Situation - The Sanctuary is situated in the heart of the Cornish village of Budock Water. Budock Water has a thriving population with a Village Store, Public House and their are a number of proposed housing developments within the area due to come to fruition over the coming years.

Budock Water is readily accessible from the nearby town of Falmouth which has a resident population of a little over 20,000 and the area is acknowledged as one of the most popular tourist destinations within the South West.

Description - The premises has historically traded as a successful Meadery and in more recent years has been operated as a Bar/Restaurant by our clients who now wish to focus on their other business interests, as such the business is available at a highly competitive guide price.

Internally the premises affords approximately 100 covers over two floors with a recently extended bar/servery and a comprehensively equipped commercial kitchen, externally there is a covered smoking area tables and chairs for alfresco dining and immediately opposite the property is the car park for 30 to 40 cars.

Our clients are currently choosing to trade on restricted hours with wet sales only seven days a week in the evenings and food available three evenings a week and one full day. Our clients advise us that for the most recent financial year sales were in the region of circa £120,000.

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

Ground Floor - (with raised mezzanine area)

Bar And Dining Areas - 13.64m x 8.02m, defined bar area with built in tiled serving area, fitted wooden bar servery, with five taps being fed by barrels behind the bar. Bar area comprising double and single drinks chiller, electronic cash register and stainless steel drainer unit. From the bar area leading to three defined seating areas with circa 30 covers overall, with 8 being on a raised mezzanine area, three stained glassed windows to the front elevation, painted wooden floors. Complete with table and chairs etc and wall mounted TV. From bar area through to:

Commercial Kitchen - 7.97m x 6.08m, a very well equipped commercial kitchen, with commercial non slip flooring, 6 vent commercial extraction, commercial oven (Lainox), various stainless steel counters and work tops, double fryer and commercial dish washer. Upright fridge and freezers etc.

First Floor - 13.73m x 8.03m, a very large impressive area, which is yet to be completed to the same standard as the ground floor, comprising a large stained glass window to the front elevation, some booth seating and high back pews, circa 70 covers. Ladies and gents wc's. Door through to rear hallway, giving access to:

Staff Room - 4.9m x 2.83m, window to rear elevation,

Staf Toilet/Shower Room - With shower, low level wc and pedestal wash hand basin.

Lease - The premises are available by way of assignment of the existing Lease at a current passing rental of £13,200 per annum which is payable quarterly in advance.

Agents Notes - At the time of dictation a copy of the Lease was not available but will be made available subject to a viewing appointment in the usual manner.

General Information -

Contact Details - For further information or an appointment to view please contact Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk

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 within Band 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 of the sale of intoxicating liquor on and off the premises, with or without a meal.

Business Rates - We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171

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

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.


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Energy Performance Certificates (EPCs)

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