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Free Of Tie Pub/restaurant In Cornish Town For Lease

Bodmin, Cornwall, UK
Asking Price:
£50K - £100K
Turnover:
Available on request
Net Profit:
Available on request

• Free of tie freehouse - current sales £7,500 per week and growing
• Has taken over £20,000 per week pre-Covid
• In centre of densely populated Cornish town
• Ground floor trading area seats 70 (400 sq ft)
• First floor trading area seats 50 (300 sq ft)
• High value fixtures and fittings throughout
• Fully fitted commercial kitchen
• Beer terrace to the front of business
• 20-year free of tie lease

Property Information

Property:

Leasehold

Lease Terms:

The property is subject to a 20 year lease which commenced February 2023.

Annual rent is £50,000 payable quarterly in advance.

There are three yearly rent reviews.

The rent deposit payable to the landlord is in the sum of £15,000.

Location:

Bodmin is an attractive historic town in Cornwall which is located 25 miles east of Plymouth and 54 miles south west of Exeter.

The Chapel an Gansblyden is located within the heart of the town centre of Bodmin on Fore Street. There are a number of national and local retailers represented nearby including WHSmith, Boots, Costa and Clarks.

The Chapel an Gansblyden is a former Wesleyan chapel that was originally built in 1840. The building was extensively restored and opened as a public house in 2008.