Falmouth Arms, Ladock, Truro, Cornwall, TR2 4PG

The Falmouth Arms is a well presented roadside Inn, in a busy inland position between Truro and St Austell. A stone detached public house, with parts understood to date from the 17th century, with ground floor bar, restaurant and break out dining areas, there are 4 letting bedrooms and self contained owner's flat. In addition there is a level car park and land with water frontage, stone barn and portacabin (previously used as the village post office).

The business has been run as a food focussed venue by a husband and wife team and at a level that suits them as they look toward a well earned retirement.


Location

Ladock enjoys a quiet inland position with great access links to the A30 at Mitchell or Summercourt, Truro is c6 miles and St Austell c10 miles, with the Roseland Peninsula c10 miles. The Falmouth Arms is on the main road through the village.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

Customer entrance via central lobby leading to open plan public bar, restaurant and breakout seating areas with many attractive features to include exposed woodwork, stone walling and flagstone style flooring. Public bar (8.1m x 4m) with wooden bar servery, fireplace and space for 12 covers. Snug (3.4m x 3.2m) with space for 12 covers. Bar restaurant (6.6m x 4.2m to include kitchen lobby) with space for 14 covers. Inner lobby which leads to restaurant (4.5m x 4.5m) with space for a further 18 covers. Beer cellar (3.8m x 3.3m) with side delivery door. Rear lobby with access to customer toilets and rear trade garden.

Commercial kitchen (4m x 3m) with extraction. Inner lobby to wash room (3m x 2.8m) and prep room/store (3.8m x 2.9m).

First floor landing with rear fire escape and access to:

Office (4.8m x 3.9m) which may suit as an additional letting bedroom if required.
Letting room 1 (4.3m x 3.8m including en suite). Double bedroom with en suite shower room and WC.
Letting room 2 (4.1m x 3m) double bedroom with en suite shower room and WC.
Letting room 3 (3.1m x3m) double bedroom with en suite shower room and WC.
Letting room 4 (4.2m x 4m including en suite) double bedroom with en suite shower room and WC.
Owners apartment with inner hallway, kitchen (3m x 3.2m), lounge (4m x 3.5m), bathroom and WC, bedroom (3.9m x 2.9m).



Outside:

Space to the front for table and chairs with side access to an attractive and enclosed courtyard garden with pizza oven and BBQ. Space for 12 covers. Covered storage/utility and dry store (2.6m x 2.4m).

Included within the title is a separate, level, plot of just over 0.75 acres with the Tresillian river running along it's Western boundary. Whilst this currently provides for customer car parking and amenity space there is considerable potential (subject to planning) for complimentary uses such as farm shop and retail, taking advantage of the previously used portacabin (7.1m x 2.8m) and the stone barn (5.7m x 3.3m). There may be residential opportunities also (STP).

The Business:

The Falmouth Arms is owned and run by Kevin and Jill Viner, who have a significant heritage in hospitality and fine dining. Kevin achieved the first Michelin star for Cornwall and has a deep CV for culinary achievement, coming back to his home county in 2017. Run very much to suit themselves and from only 5 trading sessions, there is evident opportunity for growth of the existing business and to plan expansion into the underutilised grounds. The business will continue and be sold with the building, copies of trading accounts made available to interested parties following a viewing and providing proof of funds.


Planning

Sui generis for pub use.

Rent / Price

Guide price £600,000

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £11,500. This would qualify for 100% relief on rates payable if it is your sole business premises. Council tax band B.

Interested parties are advised to confirm the rating liability with Cornwall county council.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

C(61)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.