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Paul Collins Commercial Surveyor View Profile

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Email: pc@miller-commercial.co.uk

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The White Hart, 25, New Bridge Street, Truro

Public house for sale

£85,000 Guide price

Leasehold

A wonderful opportunity to acquire one of the regions most authentic Public Houses situated in the thriving City of Truro. The White Hart exudes character throughout the public areas and comes with the benefit of a spacious two bedroomed flat. The business enjoys significant turnover on a primarily "Wet led" basis and is available by way of an assignment of the existing Punch Franchise agreement.

  • SUCCESSFUL CITY CENTRE PUBLIC HOUSE
  • ASSIGNMENT OF EXISTING PUNCH FRANCHISE
  • OWNERS 2 BEDROOMED APARTMENT
  • EARLY VIEWING STRONGLY RECOMMENDED
  • EPC: D89

Property Brochure PDF Location Map

Situation

The White Hart is situated in the centre of the City of Truro which is the retail and administrative centre for the County of Cornwall. Truro has a resident population of circa 22,000 with numerous housing developments ongoing within the City boundaries. The City attracts hundreds of thousands of visitors year round owing to its extensive range of national and niche retailers and benefits from schooling for all ages and a station on the main Penzance to Paddington Rail line.

Description

The White Hart is one of the most instantly recognisable Public Houses within the City and is one of the few remaining examples of a traditional Public House to be found within the area. The business is operated by our client with the assistance of several part-time staff, whilst The White Hart does not currently have a food offering there is a commercial kitchen on the first floor and this is a potential area for new owners to grow the already impressive turnover further.

The accounts for the year ending March 2018 show a turnover of £437,277, full accounting information will be made available subject to a viewing appointment in the usual manner.

The Accommodation Comprises

(all areas and dimensions are approximate)

Main Bar Area

8.59m x 5.66m plus alcove of 4.78m x 2.25m. With a recently laid slate floor, sash windows to the front elevation, exposed beams, fireplace housing a multi-fuel burner, range of tables, chairs and window seats. Wall mounted television, wall mounted speakers, fruit machine and juke box (on profit share). Alcove to the rear elevation with seating.

Bar/servery

Comprising a wine fridge, glass washer, ice machine, twin stainless steel sink, double bottle fridge, electronic cash register, mirror backed bar with shelving and a recess containing the CCTV monitor etc.

Toilets

Gents
Comprising 2 urinals, 1 close coupled wc, 1 hand wash basin, 1 wall mounted hand dryer.
Ladies
Comprising 2 close coupled wc’s, 2 hand wash basins, window to rear and wall mounted hand dryer.

Passageway

Door leading to the rear alleyway & stairs to the first floor with cupboard beneath.

First Floor

Landing

Storage cupboard and laundry room with a window to the rear elevation

Kitchen

3.72m x 3.58m. The kitchen was refitted on a semi-commercial basis and is dual purpose being the kitchen utilised by the owners and for the business. Comprising a selection of base and wall cupboards, gas 4 ring oven, counter top fryers, hand wash basin, twin sink and drainer, dishwasher, a range of microwaves, fridge/freezer, Velux window and undercounter fridge.

Owners Flat

Lounge

3.57m x 3.54m. With a window to the front elevation.

Bathroom

Comprising a bath with electric shower above, close coupled wc and hand wash basin.

Bedroom 1

3.55m x 3.24m. Window to front elevation and storage cupboard.

Stairs from hallway leading to attic room with recess below stairs for desk/small office area.

Attic Room

6.54m x 3.22m. With a window to the front elevation enjoying roof top glimpses towards Truro Cathedral.

Outside

To the rear of the premises is a pedestrian thoroughfare servicing several independent retail businesses which is gated in the evenings to give The White Hart exclusive use for its customers, accessed via this walkway are the cellar, shed/bottle store and bin compound.

Tenure

The business is for sale by way of an assignment of the existing 9 year Punch Franchise Agreement which commenced on the 19th December 2018. A copy of the agreement is available subject to a viewing appointment.

General Information

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 D89.

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 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

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.

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

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