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Paul Collins Commercial Surveyor View Profile

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

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SOLD - The Treleigh Arms, Redruth, Cornwall

Public house for sale

£49,950 Guide price

Leasehold

A prominent free of tie public house enjoying excellent levels of turnover and profitability presented to an excellent standard throughout to include a spacious 2 bedroomed owners apartment available by way of a new FRI lease at a commencing rental of £30,000 per annum exclusive. Sensible offers considered owing to the vendors wish to retire!

  • PROFITABLE PROMINENT FREE OF TIE PUBLIC HOUSE
  • AVAILABLE BY WAY OF A NEW FRI LEASE
  • OWNERS 2 BEDROOM APARTMENT & LARGE CAR PARK
  • GENUINE RETIREMENT SALE AFTER 13 YEARS
  • VIEWING HIGHLY RECOMMENDED

Property Brochure PDF Location Map

Location

The Treleigh Arms are situated on the outskirts of the historic mining town of Redruth in a prominent roadside location. Redruth has a resident population of circa 15,000 and the property is close to an ever growing number of business parks and as such benefits from consistent year round trade with the obvious uplift during the tourist season.

Description

The Treleigh Arms is one of the most instantly recognizable Public Houses in West Cornwall and benefits from a sizable trade car park, enclosed beer garden to the front elevation with the public lounge bar and restaurants being well presented. The commercial kitchen has been extremely thoughtfully laid out by our client for ease of operation and indeed food sales account for (approximately 60%) of the turnover each year.

On the first floor is the spacious 2 bedroom owners apartment and an early viewing appointment is unhesitatingly recommended.

The Business

The Treleigh Arms has been under our clients control for many years and is now available owing to their pending retirement plans. The business is currently operated by our clients with the assistance of 2 full time and several part time staff with our clients having taken more of a back seat in recent years and this is reflected in the slightly increased wage bill. Opening hours are 11am to 2.30pm and 5pm to finish Monday to Thursday with all day opening on Fridays, Saturdays and Sundays.

We are informed that the turnover for the year ending 31st March 2016 was £336,586.29. Further accounting information will be made available subject to a viewing appointment in the usual manner.

The Accommodation Comprises

(all areas and dimensions are approximate)

The main bar area has numerous character features with areas of exposed stone walling, wood burner, tables and chairs for approximately 24 covers, an impressive bar/servery with a coffee machine, Epos till system, triple and single bottle fridges, glass washer.

Dining Room/restaurant

A dual aspect room with separate access to the car park having covers for approximately 24 diners. Doorway leading to the kitchen for ease of service.

Commercial Kitchen

Comprehensively equipped and comprising in brief 6 ring and 4 ring gas ovens, Blue Seal wall mounted grill, double fryer, 2 commercial microwaves, hand wash basin, sink and drainer, heated plate cabinet.

Prep Room

Assorted fridges and freezers, a selection of base and wall cupboards, commercial microwave. Dishwasher, double sink and drainer and washing machine. Door to rear courtyard and stairs which give access to the:-

Owners Apartment

Spacious landing with airing cupboard giving access to the:-

Lounge

Dual aspect room overlooking the car park.

Master Bedroom

With fitted wardrobes.

Kitchen

With a range of base and wall cupboards.

Bedroom 2

Again benefitting from fitted wardrobes.

Shower Room

Ancillary Rooms

Cellar

With door to car park. Range of shelving, ice machine and 2 freezers.

Wc

The Ladies and Gents wcs are located between the bar and dining room.

Externally

Large trade car park, single garage and bin store.

Tenure – Leasehold

The premises are being offered by way of a new 7 year full repairing and insuring Lease subject to 3 yearly rent reviews at a commencing rental of £30,000 exclusive.

General Information

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

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 to be confirmed.

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.

Premises Licence

We understand the premises hold a Premises Licence in respect of the sale of alcohol for consumption both on and off the premises.

Business Rates

We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171

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

Stock

To be taken at valuation

Value Added Tax

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

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

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] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] 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.

VIEWING: Strictly by prior appointment through Miller Commercial.

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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