Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

For Sale
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Lamorna Wink, Lamorna Cove, Penzance

Public house for sale

£715,000

Freehold

An historic and indeed iconic freehouse close to the beautiful Lamorna Cove in West Cornwall. Subject to a complete refurbishment throughout, including the remodelling of the owners accommodation, Externally, spacious grounds that could lend themselves to leisure related development. Internal viewing highly recommended.

  • HISTORIC FREEHOUSE/RESTAURANT CLOSE TO LAMORNA COVE
  • TRADITIONAL & COMFORTABLE 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
  • A SUPERB COASTAL FREEHOUSE, VIEWING HIGHLY RECOMMENDED
  • EPC: E102

Property Brochure PDF Location Map

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
A SUPERB COASTAL FREEHOUSE, VIEWING HIGHLY RECOMMENDED
EPC: E102

Location

The Lamorna Wink is one of Cornwall’s most iconic and well known freehouse/restaurants, situated close 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 Property

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.

The Business

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.

Entrance

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:-

Dining Room

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.

Commercial Kitchen

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:-

Cellar

With further store area off. Comprising 2 upright fridges, chest freezer and further store racking.

From bar door up to:-

First Floor

Owners Accommodation

Comprising 2 double bedrooms (1 en-suite), large kitchen/dining/living area. NB Please see Floor Plan for further details.

Outside

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.

Car Park

Large car park with children’s play area, trade garden (with 5 trestle tables for up to circa 30 covers).

Tenure

Freehold

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 E102.

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.

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.

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:-

Graham Timmins on 01872 247019 or via email gt@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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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF