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Pub for sale

Chy Bar And Koola Club, 12, Beach Road, Newquay

Sold STC £1,495,000

Property Description

Key features

  • COASTAL BAR/RESTAURANT & NIGHTCLUB
  • EXTREMELY WELL PRESENTED THROUGHOUT
  • EXCELLENT LEVELS OF TURNOVER
  • EARLY VIEWING STRONGLY RECOMMENDED

Full description

A prominent freehold bar/restaurant with attached Nightclub overlooking Towan Beach with extensive outside trading areas and substantial levels of turnover.

Situation - The Chy Bar and Koola Club enjoy an elevated position overlooking the picturesque Towan Beach in the heart of the thriving North Cornish resort of Newquay which is widely acknowledged as the UK's most popular surfing destination and attracts hundreds of thousands of visitors year round.

The town itself has a resident population in excess of 20,000 with the venue Bar enjoying good year round trade which is augmented by the aforementioned tourists in the main season.

Description - The property comprises in brief a spacious open plan ground floor bar having been recently refurbished and a first floor dining/function room providing approximately 80 covers with a balcony. Behind the scenes the Chy Bar benefits from a comprehensively equipped commercial kitchen in addition to staff rooms, store rooms, cellar etc. The Koola Club is attached to "The Chy" and affords in excess of 2000 sqft of trading space with a Bars, DJ booth and dance floor.

Accounting Information - Accounting information will be provided subsequent to a viewing appointment in the usual manner.

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

Steps up to a terrace which runs the width of the premises gives access to the:-

Principal Bar/Dining Area - Stripped wood flooring, contemporary stainless steel capped bar/servery, picture windows to front elevation, D J booth, pool table, Ladies, Gents and Disabled Cloakrooms, stainless steel spiral staircase to the Function/Dining Room (described later)

Bar/Servery - With 7 stainless steel double bottle fridges, coffee machine, electronic cash registers, 3 stainless steel cocktail stations.

To the rear of the bar/servery can be found the Back Kitchen/Wash up area.

Dining/Function Room - Affording glorious views across Towan Beach, with covers for approximately 80 diners, bar with bottle fridges, electronic cash register etc. Doors to balcony.

Kitchen - An exceptionally well equipped Commercial Kitchen which has been thoughtfully designed to cope with the huge number of covers that the Chy Bar experiences in the peak season.

Ancillary Rooms - Also located on the First floor are the Office, Staff Room and Staff w/c, Cellar, Ice Room, Dry Store and Freezer room. Deliveries are made at First floor level from a side access lane.

Koola Club - Fitted with a range of seating, 2 bar service points, stage and dance floor. Ladies and Gents W/C's and access to the First Floor

General Information -

Contact Information - 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 C.

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. The venue also benefits from a Lap Dancing Licence.

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.


More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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