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Paul Collins Commercial Surveyor View Profile

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Call: 01872 247029
Email: pc@miller-commercial.co.uk

To Let
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The Bolingey Inn, Penwartha Road, Perranporth

Public house to let

£89,950

Leasehold

This is an exceptional opportunity to acquire a thriving Business with spacious owners accommodation in one of the Counties most sought after Coastal locations. The Bolingey Inn is a delightful 17th century traditional Cornish inn which is situated in the picturesque hamlet of Bolingey, a 5 minute drive from Perranporth. The Pub is being offered for sale by way of an assignment of the existing 20 year Punch Taverns lease which commenced in June 2007 at a current passing rental of £30,000 per annum.

  • PICTURESQUE VILLAGE INN
  • POPULAR COASTAL HAMLET
  • STRONG TRADING FIGURES
  • SPACIOUS OWNERS FLAT
  • WELL PRESENTED THROUGHOUT
  • GENUINE RETIREMENT SALE
  • VIEWING RECOMMENDED
  • EPC E

Property Brochure PDF Location Map

Virtual Tour

Location

Bolingey is a charming unspoilt Hamlet on the North Cornish Coast approximately Half a Mile South of the popular Resort of Perranporth. The surrounding area has a large resident population with a number of housing developments having recently been completed within Perranporth itself. The area is tremendously popular with tourists who come to enjoy the beach, spectacular Coastline and picturesque Countryside. The A30, which is the principal route in and out of the County is approximately 5 miles distant whilst Truro is approximately 9 miles distant and offers schooling for all ages, a wide range of National and Niche Retailers and a station on the Penzance to Paddington Rail Line.

Description

The Bolingey Inn is a delightful 17th Century Public House that has seen significant investment during our clients seventeen year Tenure. The building retains a wealth of Character Features such as Exposed Beams, Sash Windows, Wood Flooring and Open Fireplaces. In addition to Beautifully presented Public areas the Building has an extremely well equipped Commercial Kitchen, a spacious 4 bedroom apartment and car parking.

The Business

The Bolingey Inn trades year round and is overseen on a day to day basis by our clients with the assistance of 2 full time employees and several part time staff. The business has won many accolades over the years for it’s food and has recently been featured in the good food guide. The accounts for the year ending 5th March show a turnover of £270,404, full accounting information will only be made available subject to a viewing appointment in the usual manner.

Public Rooms

The Bar and Restaurant areas are tastefully appointed and furnished with Tables and Chairs to provide for approximately 36 covers. The Bar servery comprises an Electronic Cash Register, Under Counter Fridge, Glass Washer, Wine Fridge and Mirror Backed Shelving. To the rear of the Ground Floor are the Ladies and Gents Toilets.

Commercial Kitchen

The kitchen has been comprehensively re-equipped by our clients and now comprises in brief a large extractor canopy, Turbofan Oven, 6 Ring Oven, Under Counter Fridge, Double Fryer, Plate Warming Cabinet, Microwaves, Stainless Steel Tables and a Dishwasher. Accessed from the kitchen is a secure compound for the storage of bins with access to a laundry shed with additional fridges and freezers.

Owners Apartment

The flat is accessed from the entrance lobby and comprises a spacious Lounge, 3 Double Bedrooms, 1 Single Bedroom/office, a shower room and private Kitchen.

Outside

The Bolingey Inn has a car park with spaces for 12-14 Patrons, a single garage, and a number of areas with Picnic Benches for alfresco Dining. The Pubs Cellar is also located within the Car Park.

Tenure

The business is available by way of an assignment of the existing 20 year Punch Taverns Lease which commenced in June 2007 at a current passing rental of £30,000 per annum. The lease is subject to a tie on all drinks excluding, spirits and 1 draught product. A copy of the agreement is available from the selling agents subject to a viewing appointment.

Contact Information

For further information or an appointment to view please contact;:-

Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk

VIEWING: Strictly by prior appointment through Miller Commercial.

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 E

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 £15,500. 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.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

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] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] 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.

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Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

Property Brochure PDF