HISTORIC FREEHOUSE/RESTAURANT CLOSE TO LAMORNA COVE
TRADITIONAL & CONTEMPORARY BAR (40 COVER)
SET WITHIN CIRCA 1 ACRE, WITH PARKING & ADDITIONAL 30 COVERS
EXTENSIVE WOODLAND TO THE REAR, POTENTIAL FOR ALTERNATIVE USE
REFURBISHED SIZABLE 2 BEDROOM OWNERS ACCOMMODATION
CONSISTENT TURNOVER & PROFITS
NEW COMMERIAL LEASE AVAILABLE
A SUPERB COASTAL FREEHOUSE, VIEWING HIGHLY RECOMMENDED
The Lamorna Wink is one of Cornwall’s most iconic and well known freehouse/restaurantst, situated closed to the wooded Lamorna Valley, leading to the private cove. This area is extremely well known amongst locals and visiting persons and is just a few miles from Penzance and other well known destinations within the vicinity, namely Lands End, Porthcurno and the Minack Theatre.
The Lamorna Wink comprises a detached 18th Century 2 storey granite stone building under a natural slate roof, with later additions to the rear to provide the cellar and kitchen etc. During our client’s tenure the pub has been the subject to a complete refurbishment and investment programme to bring the property’s feature to the fore and also to make a very beautiful 2 bedroom apartment.
The property sits within circa 1 acre (to be confirmed by interested parties) and comprises a very large car park, children’s play area and extensive woodland area to the rear, which could be suitable for alternative leisure use subject to the necessary Consents.
We understand the clients have owned the business for the past 5 years and are now selling due to personal commitments away from this sector. The business trades all year principally for lunch and dinner and with some reduced opening in the off season, extending to all day in the peak season (July and August). We are advised the trade split is approximately 50/50 wet and dry and operates as a destination freehouse and is the only freehouse restaurant within the immediate area.
With consistent sales, good levels of Gross Profit indicative of strong food sales and adjusted net profits attributable to the owners Further accounting information can be discussed with interested parties and Profit and Loss Accounts will be made available subject to a viewing appointment in the normal manner.
The Accommodation Comprises
(all areas and dimensions are approximate)
NB Floor Plan available upon request.
Leading into a bar/restaurant. A beautifully presented room with many character features including exposed granite wall, ceiling beams, 2 windows to the front elevation and multi-fuel burner in a recessed hearth. With up to 24 covers, built-in wooden bar/servery with 11 pumps. Electronic till with Epos system. Undercounter drinks chiller, coffee machine, glass washer etc. Through to:-
A continuation of the slate floor, 2 windows to the front elevation, multi-fuel recessed hearth with multi-fuel burner, 16 covers. Door through to:-
Continuation through to the ladies and gents wc’s.
Window to rear elevation, commercial non-slip flooring and wipeable walls. 4 ring gas cooker (oven below) with 3 vent system over. Double stainless steel wash up, comprehensive range of commercial equipment including combi oven, eye level grill, double fryer, bain marie and upright fridge. Door to rear elevation.
From bar door through to:-
With further store area off. Comprising 2 upright fridges, chest freezer and further store racking.
From bar door up to:-
Comprising 2 double bedrooms (1 en-suite), large kitchen/dining/living area. NB Please see Floor Plan for further details.
To the rear of the property, a patio with a shed approximately 10m x 15m measurement,, private garden area to the side and woodland (to river boundary) at the lower level (comprising a client’s aviary, potential for leisure use, such as shepherd huts or alternative leisure accommodation.
Large car park with children’s play area, trade garden (with 5 trestle tables for up to circa 30 covers).
Tenure – Leasehold
To be offered with a new 10 year Landlord and Tenant (ie renewable) lease on a full repairing and insuring basis (subject to a Schedule of Condition) with an initial passing rental of £25,000 pa.
General Enquiries 0300-1234-100
Energy Performance Certificate
The Energy Performance Rating for this property is within Band E102.
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.
N.B. We are advised the notional value of the maritime artefacts are in the region of circa £25,000 to £30,000 and will be included within the sale.
We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.
We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search.
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
To be taken at valuation.
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.
For further information or an appointment to view please contact:-
Graham Timmins on 01872 247019 or via email firstname.lastname@example.org
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.