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Beverly Northey Commercial Surveyor View Profile

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Call: 01872 247031
Email: bn@miller-commercial.co.uk

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SOLD - The Ship Inn Public House And Caravan Park, 1, Polmear Hill, Par

Public house for sale

£380,000

Leasehold

A highly successful licensed freehouse and restaurant with large beer garden close to the popular harbour side town of Fowey and the Eden Project.

Available for the first time in 17 years, the business includes a traditional detached pub with 45 cover restaurant, large beer garden with childrens play area, 3 bedroom owners cottage, 2 bedroom holiday letting cottage and campsite with 7 statics.
The property comprises a main bar, well equipped commercial kitchen, dining/function room, 3 bedroom owners cottage, 2 bedroom letting cottage and small caravan park.

  • HIGHLY SUCCESSFUL FREEHOUSE NEAR FOWEY
  • SUBSTANTIAL LEVELS OF TURNOVER & PROFITABILITY
  • 45 COVER RESTAURANT
  • 3 BEDROOM OWNERS COTTAGE
  • 2 BEDROOM HOLIDAY LETTING COTTAGE
  • SMALL CARAVAN PARK WITH 7 STATICS
  • EPC: C60

Property Brochure PDF Location Map

Location

The Ship Inn is situated between the picturesque harbour town of Fowey, renowned for its excellent sailing waters and the village of Par is only a short walk from the popular Par Sands beach and large private holiday park.

The Eden Project, one of the UK’s most visited tourist attractions is approximately 4 miles to the east and has resulted in a significant increase in tourism in this part of the county.

The Property

Occupying a substantial double fronted property, the Ship Inn has been subject to major refurbishment works over the years and now offers an extremely well appointed traditional lounge bar with fitted bar servery with hand crafted gig boat front, first floor 40 cover restaurant, equipped commercial kitchen, large lawned beer garden with a timber built bandstand and children’s play area and further lawned garden to the rear.

The neighbouring property provides the 3 bedroomed owners accommodation and an attached 2 bedroomed letting cottage with its own garden. The small caravan park to the rear of the Ship Inn comprises 1 x 3 bedroom log cabin, 1 x 2 bedroom log cabin, 5 statics.

There is also a car park to the rear for up to 50 cars.

The Business

The business has been in our clients tenure for the past 17 years and trades from 11.30am to 11pm 7 days a week. Food is available all day during the season however during the winter months this is reduced to 12 to 2pm and 5.30 to 9pm.

The business has seen an impressive and consistent increase in turnover over the course of the past 4 years with sales for the year ending 31st March 2018 of £616, 676 .

This is split equally between bar and food sales and has resulted in an adjusted net profit for the same period of £113,555.

The Accommodation Comprises

(all areas and dimensions are approximate)

Freehouse And Restaurant

Entrance vestibule with door to:-

Main Bar Area

8.45m x 7.32m. Feature gig boat fronted bar servery with shelving below and behind, 2 double glass fronted drinks fridges, 2 electronic tills and a selection of pumps and optics. Feature cast iron Cornish Range with granite surround and additional feature granite fireplace with wood burning style gas stove. A range of mixed seating including sofas and free standing tables and chairs. Access through to:-

Inner Bar Area

4.81m x 4.33m. A selection of free standing tables and chairs providing 24 covers. Door to:-

Rear Lobby Area

2 large picture windows to the rear elevation and door giving access to the rear garden. Seating providing 8 covers, large Scaiola upright glass desserts display chiller, stairs to main dining room.

Commercial Kitchen

8.711m x 3.597m. Lincat 6 ring range with 4 vent extraction over. Lincat commercial oven, Garland griddle, Imperial 4 pan fryer, Lincat electric grill, Daintec Line stainless steel hot cupboard with heated shelf over, 3 large stainless steel work benches and 1 small stainless steel work bench, 1 Panasonic and 2 Daewoo microwaves, 1 Lincat microwave, triple stainless steel commercial fridge, 1 commercial mixer, 6 pot Bann Marie, carvery table with heated lamps. Commercial non-slip floor, wipe clean walls.

Preparation/wash Up Area

2.89m x 2.56m. 2 Electrolux stainless steel glass washers, 1 Whirlpool ice machine, large stainless steel sink drainer, wall mounted shelving, commercial non-slip floor, wipe clean walls.

Cellar

5.67m x 2.56m. Stainless steel free standing shelving unit. Upright fridge.

Store Room

4.0m x 4.17m (giving access to the kitchen and cellar). Upright glass fronted fridge, 2 double undercounter glass fronted drinks fridges.

Summer Bar

4m x 1.89m
Accessed from the main bar and opening onto the beer garden.

Bar/servery with roller shutter opening onto the beer garden. 2 electronic tills, large free standing shelving unit, Carrier undercounter glass fronted drinks fridge, Mermaid ice machine.

Office Store

3.44m x 3.68m. 2 windows to side elevation, 1 window to front elevation. Built in shelving and wall mounted shelving.

Dry Store

4.12m x 2.1m. Accessed from the rear lobby, built in wooden shelving.

Rear Hallway

Giving access to the ladies, gents and disabled toilets, built in cleaning cupboard.

Dining Room

8.8m x 7.43m. Expansive dual aspect room with 3 windows to the front elevation and double doors to the side elevation onto the sun terrace. Exposed A frames and exposed feature stone walls, 3 ceiling lights, approximately 45 covers. Access to:-

First Floor Bar

Built in bar with shelving below and behind, 1 undercounter glass fronted bottle fridge, 1 undercounter double fronted bottle fridge, saloon doors to storage/preparation area with a range of base and wall mounted units, single stainless steel sink drainer.

Outside

First Floor Terrace

Decked terraced area with wooden balustrade overlooking the beer garden. 16 to 20 covers.

Rear Patio/smoking Area

Block paved area with covered tables and chairs and feature fish pond giving access to to the main beer garden and the rear garden area.

Toilet Block

With gents and ladies wc’s and a laundry room.

Beer Garden

Large lawned area with timber built band stand and sheltered seating areas, timber benches providing approximately 70 covers, children’s play area, large wooden beer store with pitched roof.

Caravan Park

Comprising a 3 bedroom log cabin, a 2 bedroom log cabin and 5 static caravans, the caravan park has a licence for holiday use and is accessed by the main car park or the beer garden.

Car Park

Providing parking for approximately 50 cars.

Owners Accommodation

(Adjoining 3 bedroom cottage)

Ground Floor

Lounge/diner

6.52m x 5.03m. Dual aspect room with windows to front and side elevations, brick built feature fireplace with log burner style gas fire. Stairs to first floor.

Kitchen

4.32m x 3.1m. Range of base and wall mounted units, single stainless steel sink drainer, window to rear elevation, lino floor.

Bathroom

Shower cubicle with shower over, vanity wash hand basin, close coupled wc, built in airing cupboard, built in base level cupboards providing storage, window to rear elevation.

First Floor

Bedroom 1

4.23m x 3.3m. Window to front elevation.

Bedroom 2

3.48m x 2.63m. Window to front and side elevations.

Bedroom 3

2.33m x 2.49m. Window to side elevation.

Holiday Cottage – Pop’s Cottage

Lounge Diner

4.95m x 3.44m.

Kitchen Area

Including work surface with sink unit.

Bathroom/wc

2 Bedrooms

1 double and 1 twin.

Tenure

The business is being offered for sale by way of the assignment of the existing Rashleigh Estate Lease which commenced 1st May 2015 for a term of 20 years at a passing rental of £27,600 per annum.

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 C60.

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 Full Premises Licence in respect the sale of liquor for consumption 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.

Finance

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

Contact Details

For further information or an appointment to view please contact either:-
Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk or
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or
Beverley Northey on 01872 247031 or via email bn@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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Beverly Northey Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247031
Email: bn@miller-commercial.co.uk

Property Brochure PDF