3 bedroom pub for sale

TR10

Guide Price £50,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes and A4 Drinking Establishments

Key features

  • Established business
  • 3 Bedroom owners accommodation above
  • Caravan site
  • Scope to expand trade

Full description

Tenure: Leasehold

Leasehold Pub & Restaurant With 5 Pitch Caravan Site In Rame Cross, Penryn For Sale
Ref 2004

Location

The Halfway House is located on the A394 in the village of Rame Cross which lies between Helston and the thriving harbour town of Falmouth. Its prominent roadside location makes it easily accessible and enjoys high levels of passing trade.

Financial information

Asking price: 50,000 plus SAV
Turnover: 440,000 net of vat pa
Gross Profit: 65%
Stock value: 6,000

Leasehold

Punch Taverns full repairing lease
Original term: 10 years
Remaining : 6 years
Reviewed: 5 yearly
Rent: 44,000 plus vat per annum
Rates: 13K

Business Description

Veritas Business sales are delighted to offer for sale this respected Public House & Restaurant with its very own caravan site and 3 bedroom owners accommodation above. The business has been trading for over 100 years and been in the careful hands of the current owners for the last 6 years and is reluctantly being offered for sale so that they can enjoy a well earned retirement. Since our clients have taken ownership of the business they have continually invested in new fixtures, fittings and equipment which are all bought and paid for and included within the sale price which means that any new purchaser will not have to spend any additional funds for some time. The restaurant serves traditional home cooked favourites using only the freshest locally sourced produce, along with its trademark carvery. The annual turnover is around 440,000 with a gross profit of approximately 63% with the split being 50/50 on wet and dry sales. There is a tie on draught beers, bottled beers, ciders and soft drinks with the exception of wines and spirits which are free of tie. This successful concern is currently owner operated and employs the help of 6 full time and 9 part time members of staff. We believe that there is further potential to increase profits with a young husband & wife at the helm which would reduce staffing levels. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with passing trade and many visiting tourists. We consider this a rare opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Opening Hours

Monday - Saturday - 11.00am - 11.30pm
Sunday - Midday - 10.30pm

Ground Floor

Main bar servery to include touch screen cash register, glass washer (Amika), 3 x under counter drinks fridges, electronic fridge and hand wash basin.
Bar restaurant area comprising: traditional style bar area with open beam ceiling, exposed stone wall, wood burning stove and seating for (40)
Bar area with open beam ceiling, wood burning stove and seating for (15)
Restaurant comprising: tables and chairs for (40), and a log burner
Commercial kitchen comprising: 6 burner range, oven (Lincat), twin deep fat fryer (Imperial), combi oven (Lainox), grill (Blue seal), extractor unit, microwaves x 6, hotplate with stainless steel table, stainless steel work tables x 4, stainless steel sheving units x 3, salad bar with under counter fridges x 2 (Polar), sink drainer x 2, upright freezer x 2, dishwasher (Newscan), upright double fridge (Zanussi), upright fridge (Proline) and upright drinks fridge.
Office
Prep room with 2 x stainless steel work tables, upright fridge (Electrolux), commercial mixer and domestic mixer (Kenwood)
Cellar with ice machine (Haleyou), washing machine (Whirlpool), sink and bottle storage area
Store room/potato prep with fridge (Servis) and fridge (Hotpoint)
Gents W/C, urinal and wash basin
Ladies W/C x 2 and wash basins

First floor

Double bedroom
Double bedroom
Double bedroom
Kitchen/sitting room
Office
Bathroom with shower cubicle, w/c and wash basin

External
Patrons carpark for (100)
Smoking shelter
Double garage
Paved patio area
Children's play area
Caravan site with 5 electric hook-ups
Shower room
Wood stores
Veg stores

Services connected to the premises include mains electricity, water/drainage with LPG for gas central heating and cooking.




Nearest stations

  • Penryn (3.5 mi)
  • Penmere (4.6 mi)
  • Perranwell (5.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penryn (3.5 mi)
  • Penmere (4.6 mi)
  • Perranwell (5.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2004. 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 VERITAS BUSINESS SALES LTD, Solihull. 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.

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