Leasehold Bar & Restaurant Located In Polperro

Polperro
£34,950
Business ID:
#2600
£34,950
  • Ref: 2600
  • Type: Public House
  • Availability: Sold
  • Veritas Categories: - Restaurants, - Public House
  • Business ID: 2600
  • Commercial Tenure: Leasehold
  • Make Enquiry

Property Features

  • Established Business
  • Free of Tie
  • Leasehold Bar & Restaurant
  • Accommodation Above
  • Located in Polperro

Full Details

Leasehold Bar & Restaurant Located In Polperro
3 Bedroom Accommodation Above
Free of Tie
Ref 2600

Location
This delightful Bar & Restaurant stands within a prominent and highly visible trading position on the main street in the unspoilt fishing village of Polperro. The area is a restricted traffic zone, situated in an (Area of Outstanding Natural Beauty), located on the South East coast of Cornwall which provides peace and tranquillity for all guests. A noted tourist destination particularly in the summer months for its idyllic appearance, delightful harbour, beautiful beaches, fantastic costal walks, complimentary niche independent retailers, art galleries, delicious seafood and tightly packed ancient fisherman houses. The river Pol runs through the village which is situated 7 miles east of Fowey, 4 miles west of neighbouring town Looe and 25 miles from the city of Plymouth.

Leasehold Asking Price: £34,950 plus SAV (£1,000)

Leasehold
New 10 year lease available
Rent: £18,000 pa
Rates: Zero

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Bar & Restaurant which is located in the stunning village of Polperro, Cornwall. The property dates back to circa 1780 and has been in the careful hands of our clients since 2017 and is now being offered for sale so they can enjoy a well deserved retirement.
Since ownership they have redecorated and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Buccaneer is owner operated with the help of 2 part time members of staff during summer months and has an annual turnover of in excess of £80,000. The Bar & Restaurant has struggled during COVID due to staff problems. We believe that there is still further potential to increase trade should you wish, by making use of the double pizza oven for takeaways during the summer months. This is a superb opportunity to purchase an amazing and unique lifestyle business which is a great base to build upon and as such early viewing is highly recommended.

Opening hours
Currently not trading

Ground Floor
Entrance (1.5m x 1.5m)
Bar/Restaurant (7.25m x 6.9m) comprising: 6 dining tables & chairs with covers for (24), 3 coffee tables, 3 arm chairs and 2 leather look settees.
Bar (2.2m x 3.7m) comprising: 2 bar stools, till, under cover drinks fridge (Interlevin), white undercounter fridge, wine fridge (Baumatic), drinks mixer (Bosch), wash basin and various shelves.
W/C with wash basin
Kitchen (2.5m x 4.8m) comprising: dual pizza oven (Lincat), hot plate (Buffalo), oven (Blue Seal), dual fryer (Lincat), stainless steel table, grill (Buffalo), microwave (Cookworks), microwave (Babantia), sink with drainer, under counter fridge (Bush), under counter freezer (Swan), stainless steel prep table and wash basin.
Pot Wash & Prep Area (2.7m x 3.2m) comprising: toaster, kettle, wash basin, dual sink with drainer, upright fridge (Indesit), under counter freezer (Ice King), stainless steel prep table and various shelves.
Store Room 1 (1.5m x 3.5m) with upright fridge freezer (Candy), upright fridge (Zanussi), chest freezer and box freezer (Eurocold).
Store Room 2 with various shelves

Owners 3 bedroom apartment
First Floor
Bedroom 1 (3.0m x 3.1m) double
Bathroom (2.5m x 1.6m)
Kitchen (4.0 x 4.1m)
Lounge (4.3m x 4.5m)
Second Floor
Bedroom 2 (3.0 x 2.4m)
Bedroom 3 (3.5m x 2.7m)