The Plough, Duloe, Liskeard, Cornwall, PL14

THE PROPERTY
The Plough is a substantial character Free Of Tie village freehouse and destination restaurant. This deceptively spacious property is well presented throughout having been the subject of a comprehensive programme of improvement in recent years. The inn is renowned for its ambience, retaining much of the original charm and character within a superior trading environment. This quality destination village pub and restaurant is highly regarded and briefly comprises: - Main Bar Area (30+), Dining Room (18+), Restaurant (20+), well-equipped Commercial Catering Kitchen with extensive Ancillary and Backup Facilities, impressive and spacious family sized 3 Double Bedroom Owner's Accommodation, Master Bedroom with Ensuite Shower Room and a Sitting/Dressing Room, large Lounge/Dining Room, Kitchen/Breakfast Room, Office and Family Bathroom. Externally, there is a Customer Car Park with space for around 20 vehicles, a substantial Open Sided Barn providing covered storage and potential for a covered seating area, Outside Seating Areas for 50+ customers, and a small Owner's Private Garden Area. The Plough is a highly regarded and extremely well-presented destination village freehouse and restaurant and is undoubtedly a very special place in which to live and work and a viewing is strongly recommended to fully appreciate all that this profitable business offers and the potential that exists.

SITUATION
The Plough occupies a prominent trading position within the popular rural village of Duloe with its community shop, and primary school (rated good by Ofsted). A regular bus service provides convenient connections with Liskeard (4 miles), Looe (4 miles) and Polperro (6 miles). The Cornwall Area of Outstanding Natural Beauty lies a short distance to the south with its unspoilt coastal scenery, hidden coves and creeks, with various areas of the coast in the ownership of The National Trust. Nearby, Polperro, Polruan/Fowey and Looe are picturesque, each with their own harbours and fishing fleets. Looe has a branch line railway providing a useful commuting link via mainline trains at Liskeard (Plymouth to London Paddington 3 hours). The deep waters of the Fowey estuary (12 miles) are well known to the sailing fraternity. There are nearby golf courses, including St Mellion. Plymouth (22 miles) offers access to cross channel ferry services and there is an international airport at Newquay (28 miles). Many of Cornwall's attractions are within easy driving distance, including the Eden Project, The Lost Gardens of Heligan and such National Trust properties as Cotehele and Lanhydrock.

INTERNAL DETAILS
Main customer entrance door to the front into Entrance Vestibule with tiled flooring and part exposed stone walls and door into Main Bar an attractive character filled room with original flagstone slate flooring, heavily beamed ceilings, feature fireplace with exposed stone surround, inset double sided multi fuel burner, further feature fireplace with exposed stone surround (disused), feature lighting, wall mounted menu boards, wine racking, range of freestanding tables and upholstered wooden chairs comfortably seating 30 customers with space for more and standing room. Timber fronted and topped Bar Servery fitted with a range of back bar fittings, display shelving, tiled flooring, EPOS cash register, 2 glass fronted bottle fridges, stainless steel sink unit, glasswasher and coffee machine. The Stables Dining Room a continuation in style theme and ambience with original slate flagstone flooring, feature stone fireplace with inset double sided multi fuel burner, part exposed stone walls, part wood panelled walls, feature lighting, further woodburning stove with exposed stone surround (disused), wall mounted menu board, freestanding wooden tables and upholstered wood chairs comfortably seating 18 customers, space for more and bar stools. Mariners Restaurant another attractive character room with flagstone slate flooring, part wood panelled walls, feature lighting, exposed brick fireplace (disused), part exposed stone walls, range of freestanding tables and upholstered wooden chairs comfortably seating 20 customers with space for more. Commercial Catering Kitchen with tiled flooring, part stainless steel and part wipe clean clad walls, being fully equipped to a high standard with a range of commercial catering equipment to include:- extraction system with stainless steel canopy, 6 burner range, Rational combi oven, twin floor standing deep fat fryer, extensive stainless steel shelving, 2 three door commercial undercounter fridges, stainless steel work benches with shelving below, warming cabinet, serving gantry with warming lamps, stainless steel hand basin and 3 commercial microwave ovens. Wash Up Area with tiled flooring and wipe clean clad walls, 2 stainless steel deep bowl sink units, commercial dishwasher (on lease), work surfaces with shelving below, wall shelving, chest freezer, upright commercial freezer and door to the rear. Ladies and Gents WC's.

OWNERS ACCOMMODATION
Arranged on the first floor and which can be accessed through the pub or can be completely self-contained with its own independent access to the rear. The spacious family sized accommodation is presented in first class order throughout and briefly comprise;- Lounge/Dining Room a spacious dual aspect room with lovely country views to the front. Kitchen/Breakfast Room fitted with a range of modern base and wall mounted kitchen units with complementary work surfaces and breakfast bar seating area. Office/Storeroom. Bedroom 1 a generous master suite with a good-sized double bedroom, an adjoining Sitting/Dressing Room and an Ensuite Shower Room. Bedroom 2 a double bedroom with country views, cast iron fireplace (disused) and a built-in wardrobe. Bedroom 3 a double bedroom. Family Bathroom with shower over the bath.

EXTERNAL DETAILS
A driveway to the side of the pub leads to a gravelled Customer Car Park with space for around 20 vehicles and further unrestricted on road parking available outside the pub. An Open Sided Barn provides further storage and parking and offers potential for covered outside seating, subject to the necessary consents. Picnic benches provide Outside Seating for around 50 customers during summer months and there is a useful range of outbuildings including a Storeroom with a commercial Walk In Fridge, 2 Dry Goods Stores, Beer Cellar temperature controlled with ice machine, glass washer, racked shelving, washing machine and tumble dryer, Bin Store Area, 2 Wooden Storage Sheds, Log Store, and a Small enclosed Owners Garden Area.

THE BUSINESS
The Plough is a renowned and successful character village pub and restaurant, which is extremely well regarded. Being well presented throughout, the business benefits from excellent levels of regular, year-round trade, which is boosted by visitors, tourists and campers to the area throughout the year. This impressive business boasts an excellent trading environment, being fully equipped with quality fixtures, fittings and a comprehensive trade inventory. Set within an attractive character property, the business trades as a food led village pub and restaurant, featuring locally produced ales and renowned for serving fresh, high-quality food in a warm and inviting atmosphere. The business provides flexibility for drinking and dining, with the added advantage of the extensive outside seating areas. The pub benefits from its own website which provides further background information, opening hours and menus etc. The Plough has received a Good Food Award - Blue Ribbon for 2024/25, and benefits from numerous excellent reviews on TripAdvisor (Travellers Choice Award) and Google. The business has a great reputation as a destination food led pub/restaurant and consequently it enjoys impressive levels of regular repeat trade. The sale of The Plough represents a tremendous opportunity to purchase a high-quality, award-winning destination village pub and restaurant with strong levels of trade, the likes of which seldom come to the market. Reluctantly the business is offered for sale due to ill health.

CURRENT STAFFING
The business is run by our clients, a husband and wife partnership, assisted by up to 6 part time staff, dependant on the time of year.

TRADING INFORMATION
Financial Information provided for the year ending 2024 shows a turnover of £287,500 net of VAT, producing strong net profits. Our clients have deliberately restricted the opening hours and run the business to suit their lifestyle choice, currently opening just 4 evenings a week, with no lunchtime trade. Additionally, our clients usually close for around 6 weeks throughout the year for holidays. Detailed trading information can be made available to interested parties following a formal viewing appointment.

POTENTIAL
Our clients advise that there is potential to develop and grow all aspects of the business still further and for continued growth in trade levels, particularly by hands on owner operators, building upon the impressive trade levels already established with undoubted opportunities to extend the opening hours, including by lunchtime opening and Sunday lunches, for which demand exists.

EPC
B - 45.

RATING
£16,750. Please note this is not the rates payable. For further information please contact the local authority, Cornwall Council . Council Tax band A.

SERVICES
All mains services are connected.

PRICE & TENURE
£84,950 for the valuable Free Of Tie leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion. The property is held on the remainder of a 20 year free of tie lease, from 2nd May 2017. The current rent is £30,000 per annum paid monthly in advance and rent reviews are every 3 years. There is a rent deposit equivalent to 3 months rent. The premises are held on repairing and insuring terms with a photographic schedule of condition confirming the commencing condition of the property.

INVENTORY
To include all trade furnishings and equipment as per an inventory to be supplied but excluding the owner's personal effects.