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Chapel an Gansblydhen, Fore Street, Bodmin, Cornwall PL31 2HR

Offers Invited

Sprosen Ltd, Weston-Super-Mare
SIZE

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SECTOR

Pub for sale

Key features

  • Free of tie freehouse - current sales £7,500 per week and growing
  • Has taken over £20,000 per week pre-Covid
  • In centre of densely populated Cornish town
  • Ground floor trading area seats 70 (400 sq ft)
  • First floor trading area seats 50 (300 sq ft)
  • High value fixtures and fittings throughout
  • Fully fitted commercial kitchen
  • Beer terrace to the front of business
  • 20-year free of tie lease

Description

LOCATION

Bodmin is an attractive historic town in Cornwall which is located 25 miles east of Plymouth and 54 miles south west of Exeter.

The Chapel an Gansblyden is located within the heart of the town centre of Bodmin on Fore Street. There are a number of national and local retailers represented nearby including WHSmith, Boots, Costa and Clarks.

The Chapel an Gansblyden is a former Wesleyan chapel that was originally built in 1840. The building was extensively restored and opened as a public house in 2008.

THE BUSINESS PREMISES

The property is of stone construction under a mix of different roofs and provides accommodation on ground and first floor levels.

Ground Floor
Trading accommodation with bar servery to one side.

There is quality seating for 70.

A variety of seating areas are provided at this level along with customer WC's, a manager's office and a beer cellar.

Upper Floor
Additional trading area with central bar servery.

A variety of seating for 50 over split levels, further customer WC's.

Staff Room
With staff WC.

Commercial Kitchen
Fully fitted commercial kitchen.

OUTSIDE

To the front of the property is a beer terrace laid out to provide approximately 38 covers.

TENURE

The property is subject to a 20 year lease which commenced February 2023.

Annual rent is £50,000 payable quarterly in advance.

There are three yearly rent reviews.

The rent deposit payable to the landlord is in the sum of £15,000.

THE BUSINESS

Trades free of tie.

Opening hours are from 12 noon until 10pm.

The business trades as a Freehouse with a simple pub grub style food menu.

Previously, this was run by a national chain with reported sales of well over £20,000 per week.

The business was closed for a while before our clients took over in February 2023. Trade is growing and is currently reporting weekly sales of around £7,500. It is fully expected that sales will continue to increase.

For more information please ask the agents.

Premises Licence
The property benefits from a premises licence permitting the sale of alcohol until midnight daily.

Trading Information
Historic trading information may be available to interested parties upon written request.

Rateable Value
Current rateable value (1 April 2023 to present) £21,750.

Brochures

Chapel an Gansblydhen, Fore Street, Bodmin, Cornwall PL31 2HR

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bodmin Parkway Station3.2 miles
  • Lostwithiel Station5.1 miles
  • Bugle Station5.8 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

Sprosen Ltd, Weston-Super-Mare

We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.

If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.

We have been established for 17 years and we look forward to being of help in the future.

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