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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 - Barefoot At The Beach, 12, Beach Road, Newquay

Public house for sale

£225,000 Guide price

Leasehold

An opportunity to acquire one of Newquay's most prominent Bar/Restaurants close to the town centre and affording views over Towan Beach, the business has recently been re-launched as "Barefoot At The Beach" having traded previously for many years as the "Chy Bar". The business is available by way of an assignment of the existing 7 year lease at a current passing rental of £80,000 per annum.

  • PROMINENT COASTAL BAR/RESTAURANT
  • FREE OF TIE LEASE
  • POPULAR SEASIDE RESORT
  • WELL PRESENTED THROUGHOUT
  • VIEWING HIGHLY RECOMMENDED

Property Brochure PDF Location Map

PROMINENT COASTAL BAR/RESTAURANT
FREE OF TIE LEASE
POPULAR SEASIDE RESORT
WELL PRESENTED THROUGHOUT
VIEWING HIGHLY RECOMMENDED

Situation

Barefoot at the Beach enjoys an elevated position overlooking the picturesque Towan Beach in the heart of the thriving North Cornish resort of Newquay which is widely acknowledged as one of the UK’s most popular surfing destinations attracting hundreds of thousands of visitors year round. The town itself has a resident population in excess of 20,000 with the venue enjoying good levels of year round trade augmented by the aforementioned visitors in the summer season.

Description

The property comprises in brief a spacious open plan ground floor bar which has been recently refurbished and a first floor dining/function room providing approximately 80 covers with a balcony enjoying elevated views across the surrounding coastline. The venue benefits from a comprehensively equipped commercial kitchen in addition to staff room, store rooms, cellar etc.

The business traded for many years as the highly successful Chy Bar and was relaunched in the summer of 2018 as Barefoot at the Beach and is now available for sale owing to our client’s other business interests.

Accounting Information

Accounting information will be provided subsequent to a viewing appointment in the usual manner.

The Accommodation Comprises

(all areas and dimensions are approximate)

Principal Bar Area

A delightful open plan room comprising in brief;- wood flooring, stainless steel capped bar/servery, picture windows to the front elevation, ladies, gents and disabled cloakrooms, stainless steel spiral staircase to the function/dining room, contemporary wood burner, tables, chairs, bar stools and leather effect settees.

Bar/servery

Comprising stainless steel double bottle fridges, coffee machine, EPOS tills, stainless steel cocktail stations, to the rear of the bar/servery is the Glass wash up area.

First Floor

Dining/function Room

Affording glorious views across Towan Beach with covers for approximately 80 diners and doors to balcony. Bar/servery with bottle fridge, EPOS till and a Coffee Machine.

Commercial Kitchen

A well equipped commercial kitchen including in brief Pizza Ovens, Fryers, Combination Oven, Counter Fridges, 6 Ring Oven, Microwaves, Assorted Fridges & Freezers, Counter Top Griddle etc.

Ancillary Rooms

Also located on the first floor are the office, staff room, staff wc, cellar, ice room, dry store and freezer room. Deliveries are made at first floor level from a side access lane.

Outside

The venue benefits from the previously mentioned balcony at First Floor level and a terrace on the ground floor which runs the width of the building with picnic tables for customer seating.

Tenure – Leasehold

The premises are available by way of an assignment of the existing 7 year lease which commenced in April 2018 at a passing rental of £80,000 per annum which is fixed for the first three years and then RPI linked with annual increases.

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 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.

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.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

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