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The North Inn, The Square, Pendeen, Penzance, Cornwall TR19 7DN

£15,000

Business rates & charges may apply

Sprosen Ltd, Weston-Super-Mare
SIZE

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SECTOR

Pub for sale

Key features

  • Village Inn with Cornish coastal views
  • Four en-suite letting rooms - with balconies and Atlantic views
  • Retirement sale of thriving business taking over £600,000 p.a.
  • Open-plan bar area and dining areas seat 85
  • Commercial kitchen
  • Beer garden for 60 and car park
  • Private accommodation with 3 bedrooms and office
  • In area of outstanding natural beauty and close to many visitor attractions
  • Benefits from small caravan/camping site at rear of pub with sea views

Description

LOCATION

Pendeen is a coastal village in Cornwall widely known as 'Poldark Country' due to its scenic beauty and connection to the series. The books and films showcase the region's dramatic coastline, mining remnants and coves.

Pendeen is close to the South-West Coast Path with a number of footpaths to explore and located in the Cornwall Area of Outstanding Natural Beauty. Like many other villages near the coast, it had a reputation for smuggling activities.

It is 3 miles from St Just and 7 miles from Penzance. It lies along the B3306 road which connects St Ives to Land's End and A30 road. St Michael's Mount and fishing villages of Newlyn and Mousehole are within 10 miles, the Eden Project, Truro and many other visitor attractions are all relatively close at hand.

The village has a community centre, shop, post office, church, school and a few small businesses. A welcoming locals' pub, The North Inn is situated in a roadside position in the heart of the village - an excellent base to explore.

THE BUSINESS PREMISES

Entrance Vestibule

Leads to:

Bar Customer Seating Area
A large open-plan space with seating for 55, carpeted floor, beamed ceiling and wood-burning stove.

The décor includes mining and other local pictures.

There is a Games Room at the back with a pool table.

Dining Area
Affords outstanding views over the sea and seats 30.

Ladies WC

Gents WC

Well Fitted Commercial Kitchen

PRIVATE ACCOMMODATION

On the first floor with three bedrooms, lounge, bathroom and office.

LETTING ACCOMMODATION

Located in ground floor lodges all with balconies on the seaward side with a fine view over the Atlantic and spectacular sunsets.

Three bedrooms have a double bed and a single bed, bathroom with bath and shower. One bedroom (with disabled bathroom facilities) having a double bed.

OUTSIDE

Exterior Covered Smoking Shelter

Beer Garden
With overall seating for 60.

Pétanque Pistes
Two pitches for playing the French game of boules.

Camping
At the rear of the pub there is a camp site for tents and small touring vans which include use of the showers which, with the toilets, are situated in the pub itself. There are no hook-up facilities as this is only intended to be a simple, inexpensive site.

Car Park
At the front of the pub with spaces for 7 vehicles.

THE PROPERTY

A large stone-built building with ivy clad walls under a slate roof.

THE BUSINESS

Is open and trading.

We are advised that annual sales for the last financial year was in excess of £600,000. We are unable to provide warranties.

We do not hold any accounting information nor can we warrant any trading figures.

TENURE

The North Inn is available on the basis of a brand new agreement with St Austell Brewery.

There will be a wet tie to St Austell Brewery incorporated within this agreement.

Annual rent is quoted at £44,000.

Current rateable value (1 April 2023 to present) £21,000.

This is not what you will pay.

Brochures

The North Inn, The Square, Pendeen, Penzance, Cornwall TR19 7DN

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Penzance Station6.3 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

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.

Notes

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