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Traditional Roadside Pub In Beautiful Cornish Village For lease

Penzance, Cornwall, UK
Asking Price:
£5,000
Turnover:
Available on request
Net Profit:
Available on request

• Traditional roadside pub in beautiful Cornish village
• Trading areas for 50 plus
• Outside areas for over 30
• Games room
• Six-bedroom private accommodation
• Potential to convert three rooms to letting accommodation with en-suites
• Car park for 10
• Local pub trade is further enhanced by the nearby camping sites
• Potential to upgrade the kitchen to commercial standard

Property Information

Property:

Tenancy

Tenancy Terms:

The Radjel Inn is available on the basis of a 5-year (TAW Initially) agreement with Red Oak Taverns.

There will be a tie for beer, cider and lager (free of tie for wines, spirits and minerals).

Annual rent is quoted at £20,000.

Location:

Pendeen is a village in Cornwall. It is 2.5 miles (7 minutes) north-northwest via B3306 of St Just, Penzance is 7.7 miles (16 minutes) via North Road/B3318 and A3071 and Mousehole is 9.1 miles (19 minutes) via A3071. The B3306 road connects St Ives to Land's End and the A30 road.

Pendeen lies within the Cornwall Area of Outstanding Natural Beauty and is close (1 km) to the South West Coast Path and in addition has a number of local footpaths for exploring the surroundings.

The village gets its name from the headland on which Pendeen Lighthouse stands, a mile from the village. Like many other Cornish villages near the coast, Pendeen had a reputation for smuggling activities. It has a community centre, shop, post office, primary school and a few small businesses.

Our subject property is situate in a prominent roadside position on the B3306 in the heart of the village surrounded by residential housing.