Prominent coastal freehouse for sale on the Lizard Peninsula
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Written by Graham Timmins
Tuesday, 15 April 2008
 Miller Commercial of Truro are offering to the market the Five Pilchards Inn situated in the attractive village of Porthallow located on the eastern coast of the Lizard Peninsula, SW Cornwall. 

The period property dates back to at least the 1830s and has a wealth of character linked to the sea. Its’ modest exterior belies its size which provides 2 bar/dining areas, a conservatory and outside seating, which in total provides for circa 100 covers. The first floor is spacious and the flexible accommodation offers either one bedroomed owner’s accommodation and up to 5 letting bedrooms, or, an alternative configuration of 3 / 4 bedroomed owners’ accommodation with a one bedroomed self contained flat.

Outside, is an attractive courtyard with several barns used for storage and a cellar.

The public house has come to the market for the first time in 8 years. It trades strongly under 2 separate businesses, producing joint reconstituted net profit of around £50,000.

The Five Pilchards Inn is being made available on either a freehold basis or leasehold. The freehold tenure is being offered off a revised guide price of £549,950 SAV. Alternatively, a 15 year lease is available on

F.R.I. terms, subject to an asking rental of £20,000 p.a. [5 yearly reviews].

Graham Timmins of Miller Commercial’s Hotels, Licensed & Leisure Dept comments, ‘The Five Pilchards is a fine pub and it represents a wonderful opportunity to acquire a freehouse in a desirable village on The Lizard Peninsula, an Area of Outstanding Natural Beauty’.

For full details contact Graham Timmins at Miller Commercial on 01872 247019