£85,000
Pub/bar for saleTrengilly Wartha Inn, Nancenoy, Constantine, Falmouth TR11
About this property
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.
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Monthly repayment
£425 per month
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