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Paul Collins Commercial Surveyor View Profile

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Call: 01872 247029
Email: pc@miller-commercial.co.uk

To Let
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The London Inn, School Road, Newquay, Cornwall

Public house to let

£15,000 Guide price

Leasehold

A wonderful opportunity to acquire Traditional Village Public House, The London Inn is located in the village of Summercourt between the City of Truro and the popular North Cornish Coast. The premises are immediately available by way of a new Full Repairing and Insuring Sub Lease at a commencing rental of £35,000 per annum & VAT.

  • IMMEDIATELY AVAILABLE PUBLIC HOUSE
  • LOCATED BETWEEN TRURO AND NEWQUAY
  • NEW FREE OF TIE LEASE
  • FULLY FURNISHED AND READY TO TRADE
  • SPACIOUS 2/3 BEDROOMED APARTMENT
  • LARGE CAR PARK
  • COMMENCING RENTAL £35,000 PER ANNUM
  • EPC C

Property Brochure PDF Location Map

Location

Summercourt is a small village situated just off the A30 close to the City of Truro and approximately 7 miles from the Cosmopolitan resort of Newquay.

Description

The London Inn is a fine example of a traditional Public House with a well presented bar area, comprehensively equipped commercial kitchen, conservatory, large car park and a spacious 2-3 bedroomed flat. The premises are immediately available with the sale to include a comprehensive inventory of Fixtures, Fittings and Equipment.

The Business

The London Inn has, until recently been run by a husband and wife team with the assistance of a full time Chef and part time employees. The previous tenants have now retired and the premises are no longer trading, as such prospective tenants will need to recruit their own employees. (Please Note;- we are not in receipt of any accounts for the business)

Tenure

The premises are available by way of a new ‘Free of Tie’ Keltek Cornish Brewery, sub lease at a commencing rental of £35,000 per annum, subject to a premium of £15,000 for the Trade Inventory. The New Tenants will be obliged to stock 50% Keltek Real Ales in addition to their draft lager.

Contact Information

For further information or an appointment to view please contact :-
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or

VIEWING: Strictly by prior appointment through Miller Commercial.

Local Authority

Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate

The Energy Performance Rating for this property is within Band C

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Legal Costs

The ingoing lessee to be responsible for the landlord’s reasonably incurred legal costs in connection with the transaction.

Premises Licence

We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £4,000.

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

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Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

Property Brochure PDF