Peruvian Inn, Penzance - Revised Price

 The Peruvian Arms, which is situated on the eastern side of Penzance, West Cornwall is now available off a revised guide price of £299,950 plus stock at valuation.

The terraced public house, which was originally two properties, stands on Mount Street within the busy harbour resort, which provides both sea and air links to the Scilly Isles. The premises are reported to date back to 1867 or even earlier, and were constructed with the profits remitted back to Cornwall by hard rock Cornish miners working in the Peruvian silver mines. Hence, the name of the hostelry.

The bar area of the Peruvian Arms retains character features together with a separate games area. On the first floor is 3-bedroom owners’ accommodation, and to the rear a courtyard with a covered smoking area.

The public house stands in a densely populated residential area and is able to demonstrate consistent trade and profitability.

Offers are sought off a guide price of £299,950 SAV.

Graham Timmins comments, ‘The Peruvian Arms is a quintessential town pub, which gained national publicity in 2007, when a failed attempt was made for it to become a consulate to the London based Peruvian Embassy in order to circumvent the rigours of the non-smoking ban in licensed premises. Unfortunately promises that the bar staff would learn Spanish and a pub llama would be acquired did not impress the Peruvian Ambassador!’

For full details contact Graham Timmins on 01872 247019   View Property Details

Showroom, Kestle Mill, Nr Newquay

Located at Kestle Mill close to Quintrell Downs, Newquay, this substantial property fronts the A3058 linking the resort to St Austell and the A30 at Mitchell. The premises, which have been used for furniture sales, historically pine, but more recently sofas, are being offered by way of a new full repairing and insuring lease off an asking rental of £16,000 p.a. The showroom/ workshop accommodation includes 152 sq m (1,639 sq ft) of at ground floor level, together with 1st floor mezzanine storage/showroom totalling 169 sq m (1,822 sq ft). There is a measure of parking to the front of the premises.

Miller Commercial, Mansion House
Princes Street, Truro, Cornwall, TR1 2RF