Commercial Property for saleFore Street, Fowey
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AN OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED RESTAURANT BUSINESS WITH LETTING ROOMS, OCCUPYING ONE OF THE MOST HISTORIC PROPERTIES IN THE HEART OF FOWEY. Much improved and modernised, this is a ready-made business opportunity and early viewing is essential. Grade II Listed.
The Globe is an established Bar and Restaurant with accommodation, in one of the oldest buildings in Fowey. Dating from 1555, the Grade II Listed building has been used for various purposes over the years. It was formerly known as The Globe Posting House, being a house or inn where horses were kept for postriders, or for hire to travellers, a most useful service for those arriving by ship or boat who needed to travel further afield.
Fowey is regarded as one of the most attractive waterside communities in the county. Particularly well known as a popular sailing centre, the town has two thriving sailing clubs, a famous annual Regatta and excellent facilities for the keen yachtsman. For a small town Fowey provides a good range of shops and businesses catering for most day to day needs. The immediate area is surrounded by many miles of delightful coast and countryside much of which is in the ownership of the National Trust. Award winning restaurants, small boutique hotels, excellent public houses etc, have helped to establish Fowey as a popular, high quality, destination.
There are several excellent golf courses within easy reach, many world class gardens are to be found in the immediate area and the fascinating Eden Project with its futuristic biomes is just 5 miles to the north west. There are good road links to the motorway system via the A38/A30. Railway links to London, Paddington, can be made locally at Par, and St. Austell and there are flights to London and other destinations from Newquay.
The Accommodation - The historic and charming accommodation is laid out over three floors and has enjoyed an extensive programme of repairs and renovations in recent times, full details of which are available from the agent. The Globe still retains all the period charm one would expect, including quirky and atmospheric rooms, wooden floors, and original fireplaces. On the first floor two of the double Bedrooms have been renovated and are in use as letting bedrooms with Ensuite facilities, with two further potential letting bedrooms available. On the second floor an attractive Attic Conversion provides a self contained suite or possible owners accommodation.
As well as the improvements to the fabric of the building, the kitchen areas and bedrooms, the business benefits from an EPOS system, a new inventory of fixtures, fittings and other contents, as well as a refreshed website, and active social media platforms. The business is being sold to include Fixtures and Fittings, plus Stock at Valuation.
Ground Floor - •Entrance Lobby
•Three atmospheric Dining Rooms providing 42 covers.
•Drinks Prep Room with Coffee Machine, Fridges, Spirits Area, Glass washer etc
•Kitchen with Stainless Steel Commercial Equipment and New Extraction System
•Two Prep/ Store rooms
•Further Storage Areas
First Floor - •Two Ensuite Doubles
•Third Double Bedroom
•Separate Ladies and Gents Toilets for the use of Dining Guests
Second Floor Attic Conversion - •Sitting Room
•Recently installed Shower Room
Tenure - Leasehold, 15 year renewable lease (incorporating The Landlord and Tenant Act 1954), start date 1st March 2005.
Rent - £15,000 per annum
Services - None of the services, systems or appliances at the property have been tested by the Agents.
Viewing - Strictly by appointment with the Sole Agents: May Whetter & Grose, Estuary House, Fore Street, Fowey, Cornwall, PL23 1AH. Tel: 01726 832299 Email: email@example.com
Local Authority - Cornwall Council, 39 Penwinnick Road, St Austell, Cornwall, PL25 5DR
Non-Domestic Epc Rating D -
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