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

To Let
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The Sportsmans Arms, Four Lanes, Redruth

Public house to let

£20,000

Leasehold

A FREEHOUSE for lease in a traditional village, 3 bedroom owners accommodation. Well presented and equipped with scope to build the trade. Retirement sale, motivated vendor.

  • VILLAGE FREEHOUSE
  • TRADITIONAL BAR WITH CHARACTER
  • FUNCTIONS / DINING ROOM (75 COVERS OVERALL)
  • 3 BEDROOM OWNERS ACCOMMODATION
  • LARGE CAR PARK / TRADE GARDEN
  • GENUINE RETIREMENT SALE
  • EPC: E108

Property Brochure PDF Location Map

Summary

VILLAGE FREEHOUSE
TRADITIONAL BAR WITH CHARACTER
FUNCTIONS / DINING ROOM (75 COVERS OVERALL)
3 BEDROOM OWNERS ACCOMMODATION
LARGE CAR PARK / TRADE GARDEN
GENUINE RETIREMENT SALE
EPC: E108

Location

The Sportsman’s Arms occupies a prominent trading location situated in Four Lanes, which is a well serviced village on the outskirts of the Camborne and Redruth conurbations and is bounded by a rural aspect. There are holiday cottages / campsites within the vicinity, but is widely regarded as a working community.

The Property

A detached property, with the original building dating back to the 18th Century, so has many character features.

The Business

We understand our client has owned the business for c. 28 years and is now selling due to retirement. We are advised the turnover is in the region of c. £120k per annum, with a combined Gross Profit of 47% and an adjusted net profit of c. £15,000 per annum. The trade split is approx 70:30 in favour of wet sales. Further accounting information will me made available to interested parties.

The Accommodation Comprises (all Areas And Dimensions Are Approximate)

Entrance porch into:-

Main Bar : 9.80m x 6.4m. Two windows to the front and door to side. Feature woodburner, 12 covers. Traditional features, including exposed stone walls, beam ceilings.

Through to :

Snug Bar : 3.49m x 3.67m : Door to rear elevation, 12 covers, feature fireplace, (not working).

LADIES WC : Two wc’s and wash hand basin and GENTS WC : Urinal, two wc’s and wash hand basin.

Dining / Functions Room

8.98m x 5.56m : Forming the ground floor of the extension a superb dining / functions facility for up to 50 covers. Three windows to the side and access through to the Conservatory.

Conservatory

5.62m x 4.96m : Windows to three sides overlooking the garden. Tables and chairs for 20 covers.

Cellar

4.33m x 3.96m : Accessed from the front of the property.

Kitchen / Associated Areas

Kitchen 4.75m x 2.32m : 5 ring gas cooker, extraction system, various commercial cooking equipment, through to a Utility and Preparation room.

First Floor

Stairs behind the bar, ascending to First Floor owners accommodation, large landing, access to loft.

Lounge

3.88m x 3.19m : Window to Front

Bedrooms

Bed 1 : Double, skylight to rear; Bedroom 2 : Double, window to front; Bedroom 3 (formerly used as a dining room), Double, window to front.

Bathroom

Bath with shower over, low level WC and pedestal wash hand basin. Window to side elevation.

Outside

Stone Barn : 4.97m x 3.01m, adjacent to the Conservatory at the rear, power and light connected, used for storage.

Trade Garden : Gravelled area by the Conservatory and a raised lawn area with mature borders. Seating at front.

Car Park : For c. 20 vehicles.

Tenure – Leasehold

A new 10 year lease which will enjoy the Security of Tenure Provisions under the Landlord and Tenant Act, with an initial passing rental of £20,000 per annum, on an internal repairing and insuring basis only.

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 E108.

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

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 either:-

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