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Public house to let / Leasehold

£40,000 Guide Price

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Trengilly Wartha Inn, Nancenoy, Constantine, Falmouth, Cornwall

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Overview

  • QUINTESSENTIAL COUNTRY FREEHOUSE IN POPULAR LOCATION
  • 160 COVERS OVERALL (100 INTERNAL) IN SEVERAL DINING AREAS
  • TWO FLATS 1 X 3 BED / 1 X 1 BED (FOR OWNERS / LETTING USE)
  • NEW 10 YEAR LEASE WITH AUTOMATIC RENEWAL
  • NET T/O IN THE REGION OF £480K PA
  • GENUINE SALE AFTER 20 YEARS
  • EPC: C (51)

The original property is thought to be 300 years old and was a ‘Kiddlywink’, often small houses making and selling beverages, with relatively recent addition in the 1960’s when the main bar was constructed and the sale of alcohol licence was issued, with the most recent addition being the front porch and toilets in the 1990’s. The lease premises comprise the ground floor reception, trading and non-trading areas and on the first floor two flats. To the rear is a terrace and to the front the car park areas, upper terrace and log store / general store.
The trading areas are presented in good order and have some character features indicative of the period. The first floor flats have been subject to updating and improvement.
NB : Our clients intend to retain some letting units as part of their semi-retirement income (Vines / Roses – GF and FF flats adjacent to two flats included in the lease : Wisteria and Valley View) and also two one bedroom studios situated beyond the car park.

The Trengilly Wartha Inn is situated in an idyllic valley setting in the hamlet of Nancenoy, on the edge of the well serviced village of Constantine in South Cornwall. The ‘Trengilly’ as it is widely known is a draw for locals from nearby Falmouth / Helston towns, the village and from the wide assortment of holiday lets within the vicinity.

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Graham Timmins Associate / Head of Business Transfer View Profile

Call: 01872 247019
Email: gt@miller-commercial.co.uk

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