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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The Sportsmans Arms, Menheniot, Liskeard

Public house for sale

£475,000

Freehold

A well presented FREEHOUSE with LETTING ROOMS set in extensive grounds including a PADDOCK, near Menheniot in East Cornwall. A superb example of an edge of village freehouse with good access to the A38. Genuine reason for sale.

  • TRADITIONAL VILLAGE FREEHOUSE
  • 5 LETTING ROOMS / 1 BED OWNERS
  • LARGE CAR PARK & PADDOCK
  • CONSISTENT SALES & PROFITS
  • WELL PRESENTED THROUGHOUT
  • GENUINE REASON FOR SALE
  • EPC – D81

Property Brochure PDF Location Map

Summary

TRADITIONAL VILLAGE FREEHOUSE
5 LETTING ROOMS / 1 BED OWNERS
LARGE CAR PARK & PADDOCK
CONSISTENT SALES & PROFITS
WELL PRESENTED THROUGHOUT
GENUINE REASON FOR SALE
EPC – D81

Location

The Sportsmans Arms is situated near the village of Menheniot, which is a Is a popular village, with a primary school, shop and Post Office and Church. Nearby is the town of Liskeard which has a wide range if national and niche retailers, secondary and tertiary education. This location gives swift access to the A38, making it an ideal location to explore Cornwall and Devon.

Property

The Sportsmans Arms is a substantial detached two storey building which has been tastefully updated and improved during our clients tenure. The property abuts the road into the village and to the rear has a large car park and a paddock, in all the site extends to approximately 1.0 acre (site not measured). The ground floor provides a welcoming and traditional bar with potential for dining, games area, commercial kitchen and breakfast / dining / function room. On the first floor are 5 en-suite letting rooms and a large 1 bedroom owners accommodation. The first floor could easily be re-configured to use several of the letting rooms for owners accommodation if so required.

The property is presented in very good order both internally and externally and is sure to appeal to those persons looking for a traditional freehouse, in a rural setting.

Business

We understand the premises were built as a Coaching Inn and date back to 1880. Our clients have owned the business since 2016 and are now looking to sell for other business opportunities away from this sector. The business trades all year, with variable opening hours depending on seasonality. The business is wet led, accounting for c. 70% of net turnover, with the remainder being some food and snacks and accommodation. There is therefore scope to enhance the sales with a wider food offering. The business is run by our husband and wife team with some part time bar assistance. The Trading Profit and Loss Account for the year end March 2019 show net sales of £158,866, with an operating Gross Profit level of 57.1% and an adjusted Net Profit of £40,696 (after deducting all overheads and wages of £13,653).

The Accommodation Comprises (all Areas And Dimensions Are Approximate)

NB : A copy of the Floor Plans are available upon request.

Bar

Door to front, giving access into the main Bar areas. With 4 windows to the front elevation, slate and carpet flooring. Two defined areas for games (Pool / Darts) and a space for up to c. 20 covers (should a buyer wish to offer food). Granite topped bar servery with 10 pumps.

Working fireplace with stone hearth and surround. Doors to rear access and WC’s, to inner lobby.

Behind the bar, two under counter drinks chillers and glass washer, window to rear. Access to a rear store room / laundry with 2 washing machines and a tumble dryer. Ice machine. Door to rear courtyard.

Inner psssageway, off main bar and by rear access Ladies and Gents WC’s.

Commercial Kitchen

Door and windows to rear elevation. Tiled floor. 6 rings gas cooker with double oven below (Lincat), 2 vent extraction over. Range of Commercial cooking equipment.

Door to lower ground Cellar.

Dining / Breakfast / Function Room

An attractive and adaptable room with 3 windows to the front elevation. Suitable for up to 20 covers, or for larger groups for meetings / functions. Feature fireplace and serving hatch to kitchen (currently closed off).

Inner lobby, leading to side access door, with delivery hatch to cellar.

First Floor

LETTING ACCOMMODATION

Room 1 : Twin, window to rear with far reaching country / valley views, radiator. Ensuite bath with shower over.
Room 2 : Family, 3 windows to the front elevation. Ensuite shower.
Room 3 : Superior Single, window to the rear with valley view. Ensuite bath with shower over.
Room 4 : Standard Single, window to the side. Ensuite shower.
Room 5 : Double, 3 windows to the front and side. Ensuite shower.

NB : If a buyer required additional letting accommodation, bedrooms 1 and 2 would lend themselves to this in terms of proximity to the owners accommodation.

Laundry cupboard.

OWNERS ACCOMMODATION

Office : Space for desk etc and laundry cupboard.
Bed / Living Room : A superb sizeable room, which could be internally divided to provide a 1 bedroom flat, currently open plan, with space for a bed , settee etc. Far reaching views through large picture windows overlooking the valley (Seaton).
Ensuite shower room.

Outside

The rear outside areas are a major boon to the property and business and provide a number of seating options, with far reaching views over the owners paddock and towards the valley, making this a very pleasant outlook, comprising :-

Owners private rear courtyard with storage shed; 4 single garages (with power and light connected we are advised), large car park for c. 32cars.

For the customers to enjoy, Patio and Smoking Shelter; Sun Terrace and Beer Garden.

Paddock and Stables : on the Southern boundary, an area of gently sloping amenity land with a stable comprising 2 loose boxes , size approx 12m x 10m of wooden construction. Concrete floor, no services.

Tenure

Freehold : Two Title Deeds, one for the Premises including the Car Park and one for the Paddock, copies available upon request.

General Information

Local Authority

Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Premises Licence

The business holds a relevant Premises Licence : No LI16_001221, copy available upon request.

Energy Performance Certificate

The Energy Performance Rating for this property is D81, copy available upon request.

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.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £8,250 . To find out how much business rates will be payable there is a business rates estimator service via the website.

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 on Completion, agreed between seller and buyer.

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 numbers 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 or

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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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