HISTORIC EDGE OF TOWN CENTRE FREEHOUSE
REFURBISHED PUBLIC BAR & GAMES ROOM
SIX LETTING BEDROOMS
ONE BEDROOM OWNERS’ ACCOMMODATION
REAR COURTYARD & SMOKING AREA
ENERGY PERFORMANCE ASSET RATING C73
Collins Arms is situated in Higher Fore Street, just off the main high street and is widely regarded as a peripheral town centre freehouse. Redruth is an historic town, built up around the boom time which surrounded the extraction of tin and copper in the surrounding mines and most latterly has been subject to a pedestrianisation and upgrading scheme on the principal Fore Street.
Redruth is the town and civil parish of the district of Kerrier and is close to the main A30 trunk road linking east and west Cornwall. The current recorded population (2001 cenus) was12,352; however, has seen significant residential development on the periphery and indeed multiple house schemes within the town centre since.
Property / Business
The Collins Arms is reputed to be the oldest public house in Redruth and as its signage displays, the public house is thought to date back to the mid-17th century and was most probably formerly two cottages, or indeed given the wide arched doorway may have been a coaching house.
Today, the Collins Arms enjoys very strong local trade, is c. 85% wet sales and the remaining 15% bed and breakfast sales. This community pub has 9 darts teams, 2 pool teams and 1 euchre team. During our clients 17 year tenure they have undertaken a significant programme of investment and restructuring of the business, most recently the creation of a new bar and separate seating area and the inclusion of 6 guest letting bedrooms.
The business principally trades as an evening venue Monday Saturday from 5.00 pm to 12 midnight and on Sunday 4.00 pm to midnight. The business is presented in very good order and an internal inspection is highly recommended.
We are advised the turnover for the period 1st April 2017 to end Jan 2018 showed net sales of c. £105,000, producing a profit of c. £25,000 to £30,000 pa. Further accounting information will be made available subsequent to a viewing appointment in the normal manner.
Schedule Of Accommodation
(all areas and dimensions are approximate)
Entrance Hallway Into :-
Public Bar: 5.85m x 5.62m. Two windows to the front elevation, solid oak bar with 10 pump heads, reupholstered seating and chairs, new carpet and flooring. Behind Bar and with external (side alley).
Cellar: 2.33m x 2.11m, door to rear courtyard and side access for deliveries.
Entrance Porch into:-
Games/Seating Area: 7.4m x 5.87m, two windows to front elevation, spacious and delightful room with defined area for darts, pool table and seating, new carpet and commercial flooring.
Through To :-
Kitchen: 3.45m. X 2.35m. Well-equipped kitchen with 7-ring commercial gas cooker with double oven below, extraction over. Matching base and wall units, built-in stainless steel draining unit. Tiled walls. Door and window to rear elevation.
Male & Female WCs: door to rear elevation
First Floor Owners Accommodation
Large landing with seating area, two windows to rear elevation:
Landing: Two windows to rear elevation, space for seating.
Lounge/Study Area: Two windows to rear elevation.
Double bedroom : Two windows to front elevation, en-suite shower and built-in wardrobe/storage cupboard.
Schedule Of Letting Accommodation
All equipped with tea and coffee facilities and colour televisions.
Bedroom 1: Double room, window to front, vanity unit.
Bedroom 2: Twin room, window to front, vanity unit.
Bedroom 3: Single window to rear, vanity unit.
Shower room: Well appointed shower room, low level WC, pedestal wash hand basin, window to rear elevation.
Outside / Letting Rooms
Letting Rooms :
Accessed via courtyard.
Bedroom 4 : Double bedroom, large picture window to courtyard.
Bedroom 5 : Triple bedroom, window to front elevation.
Bedroom 6 : Family bedroom, window to courtyard elevation.
Laundry Room: 5.81m x 2.42m with sink and range of base units.
Store Room: 2.77m x 2.39m
Preparation/Wash Up: 2.73m x 2.34m
Smoking Area and Courtyard Garden.
General Enquiries 0300-1234-100
We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171
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
Value Added Tax:
All the above prices/rentals are quoted exclusive of VAT, where applicable.
We understand the business currently holds a premises licence in respect of sale of liquor on and off the premises.
Detailed Inventory of all fixtures and fittings and equipment to be included within the sale will be provided by Miller Commercial prior to exchange of contracts.
To be taken at valuation
Energy Performance Certificate:
The Energy Performance Rating for this property is Band C73.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.
For further information or an appointment to view please contact either:-
Graham Timmins on 01872 247019 or via email email@example.com or
Paul Collins on 01872 247029 or via email firstname.lastname@example.org or
Beverley Northey on 01872 247031 or via email email@example.com
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.