Pub for sale

The Mounts Bay Inn, Churchtown, Mullion

£649,950

Property Description

Key features

  • SUBSTANTIAL FREEHOUSE WITH LETTING ROOMS
  • PICTURESQUE VILLAGE LOCATION
  • SUPERBLY APPOINTED THROUGHOUT
  • EXCELLENT LEVELS OF TURNOVER AND PROFIT
  • NO ONWARD CHAIN

Full description

A wonderful opportunity to acquire a well appointed Village Inn with letting rooms in the picturesque Coastal village of Mullion. The business enjoys strong year round trade and impressive levels of profit.

Location - The Mounts Bay Inn is situated in the picturesque village of Mullion which is the largest village on the Lizard Peninsula. This part of the County is widely acknowledged as having some of the most breath taking Coastline within the UK and attracts hundreds of thousands of visitors annually who come to enjoy the nearby beaches of Poldhu Cove and Polruan Cove amongst others. Other attractions in the area include Goonhilly Earth Station, The Cornish Seal Sanctuary and Flambards Theme Park.

The Property - The Mounts Bay Inn is a substantial and spacious detached freehouse which has been comprehensively refurbished in recent years. This spacious property is extremely well appointed and in brief comprises:- Main Bar Area with sea glimpses, Snug Bar, Restaurant, Commercial Kitchen, 4 En-Suite Letting Bedrooms, Separate Family Letting Suite/1 Bedroom Flat and a further 1 Bedroom Owners Apartment with Sitting Room/Dining Room and Kitchen, Double Bedroom and Shower Room.

Externally, the property is an Enclosed Courtyard Trade Garden area with picnic bench seating for 32 and to the rear of the property is a tiered Patio and Decked Garden with a further Enclosed Lawned Garden with picnic style bench seating.

Accomodation - Double entrance doors to front into entrance lobby through into:-

Snug Bar Area - Part-carpeted and part-wood flooring, part-wood panelled walls, exposed feature stone fireplace, wall mounted menu boards, range of free standing wooden tables, upholstered chairs, and bar stools for 12 customers.

Ladies & Gents Wc's -

Open plan from the snug bar area through into:-

Main Bar - An open plan room with stripped wood flooring part-wood panelled walls, darts area, projector TV with large screen, picture windows to rear overlooking beer garden with sea glimpses, pool table, range of free standing tables, chairs, bar stools, comfy sofas and low stools providing seating for approx 60 customers.

Bar Servery - Timber fronted and polished timber top, with an extensive range of back bar fittings, display shelving and optics, Altro flooring, 3 double bottle fridges, a single bottle fridge, 2 coffee machines, coffee grinder, 2 Epos touch screen cash registers with computer link to kitchen, glasswasher, stainless steel sink unit.

Dry Goods/Bottle Store - Shelved and housing boiler.

Beer Cellar - With cellar cooling units, ice machine, stainless steel unit and microwave oven.

Restaurant - An attractive dining area with carpeted flooring, part-wood panelled walls, feature stone fireplace, range of free standing wooden tables and upholstered chairs providing seating for approx 50 customers.

Waitress Station - Timber fronted and polished timber top with Epos touch screen cash register with printer link to kitchen and display shelving.

Commercial Kitchen - Altro flooring and wipe clean clad walls and fitted with a comprehensive range of commercial catering equipment to include:- Rationale Combi steam oven, Lotus 4-burner gas range, extractor system, chargrill, flat top range, twin floor standing deep fat fryer, twin bowl stainless steel sink unit, commercial dishwasher, range of stainless steel workbenches with shelving below, fish keep, several commercial microwaves, undercounter fridges, undercounter freezer, chest freezer, eye level grill, fridge freezer, wall shelving, stainless steel hand basin and gas interlock

2 Office Areas -

Store Room - Altro flooring, 3 upright freezers, 3 upright fridges, undercounter fridge, of store cupboards and work surfaces.

Cleaning Cupboard/Store Room - Altro flooring and shelving.

Laundry Room - Altro flooring, 2 washing machines, tumble dryer and stainless steel sink unit.

Staff Wc -

Letting Accommodation - Situated on the first floor are 4 en-suite letting bedrooms with televisions, tea and coffee making facilities, wi-fi, hairdryers and alarm clock radios.

Bedroom 1 - A double room with aspect to front and an en-suite shower room.

Bedroom 2 - A family room recently refurbished (sleeps 3) with dual aspect windows to the rear with sea and coastal views and a new quality en-suite shower room.

Office/Store Room - Door leading onto roof space.

Bedroom 3 - A refurbished double room with sea and coastal views and a quality en-suite shower room.

Bedroom 4 - A twin/double room with aspect to the front and an en-suite shower room.

Further Family Letting Suite/1 Bedroom Flat - Which can be reconfigured depending on requirements or provide additional owners accommodation and briefly comprises:- Single letting Bedroom/Sitting Room with aspect to the side. Kitchen with built in hob, base and wall units. Family bedroom/Triple room. A good sized room with aspects to the front and rear. Shower room.

Owners Accommodation - Situated on the second floor is the private accommodation with Laundry room, Open plan Living area/Kitchen and an en-suite Double Bedroom.

Outside - To the front elevation is an enclosed courtyard area with picnic tables providing seating for approx 30 customers. Bin store area. Freezer store with 2 chest freezers, 2 undercounter freezers and upright fridge. To the rear of the property is an extensive decked area leading off the main bar with sea views and picnic tables providing seating for approx 50 customers. Steps lead down to an enclosed lawned beer garden with further decked area providing further picnic bench seating for 48 customers. Covered smoking shelter. Wooden storage shed and pedestrian access to the rear.

Trading Information - Accounts for the year ending 31st March 2016 show sales of £544,887 net of VAT which produced a net profit of £102,597. Full trading information will be made available to interested parties following a formal viewing appointment.

Opening Hours - The opening times of The Mounts Bay Inn are 11.00am until 11.00pm Monday to Thursday; 11.00am until midnight Friday and Saturday and 11.30am to 11.00pm on Sunday. Food is served from midday until 2.00pm and 6.00pm until 9.00pm Monday to Saturday and from midday until 2.30pm and 6.00pm until 8.30pm on Sundays.

Current Staffing - The business is run by our clients, a husband and wife partnership, with the assistance of 8 full-time and 5 part-time members of staff.

General Information - 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.

Business Rates - We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search

Services - All main services are connected to the subject property with the exception of mains gas, LPG is used for cooking and there is an oil-fired central heating system installed.

Stock - To be taken at valuation.

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

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

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

Nearest station

  • Penmere (11.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Miller Commercial, Truro

Mansion House Princes Street, Truro, TR1 2RF

01872 490012 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 station

  • Penmere (11.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Miller Commercial, Truro

Mansion House Princes Street, Truro, TR1 2RF

01872 490012 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 27962140. 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 Miller Commercial, Truro. 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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