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No longer on the market

This property is no longer on the market

EPC
EPC

Hospitality

Hospitality
Added > 14 days

Features and description

  • Central Village Location
  • 36 Cover Licenced Restaurant
  • Bar Area
  • Inner Lobby
  • Wash room
  • Wc
  • Parking

A rare opportunity to purchase a leasehold for this well situated restaurant in St Merryn.

This bustling village is popular with both locals and tourists, due to its proximity to the seven local beaches and historic Harbour town of Padstow. 

ACCOMMODATION WITH ALL MEASUREMENTS BEING APPROXIMATE:-

PART GLAZED FRONT ENTRANCE DOOR TO:

OPEN VESTIBULE - Coat hooks, opening to:

RESTAURANT AREA - 27'11" x 18'4" (8.51m x 5.59m) Including bar. Laminate wood effect flooring, four booths, plus tables, 2 panel heaters, glassware, crockery for tea and coffee, electronic till, phone and broadband connection points.

BAR AREA - Tongue and groove faced bar with ample shelving, wine rack, chiller cabinets, single stainless steel wash hand basin, hatch to kitchen.

INNER LOBBY - Coathooks, door to kitchen, door off to:

WASH ROOM - Wash hand basin, obscure glazed window, door to:

WC - Low level WC, window.

KITCHEN - 14'3" x 13'3" (4.34m x 4.04m) plus 6'9" x 4'4" (2.06m x 1.32m) A commercial stainless steel kitchen with stainless steel worksurfaces, hob, griddle etc. Extractor over, double stainless steel sink, tall freezer and fridge, double stainless steel fridge, shelving, dishwasher, plate warmer, arch through to bar area, door to rear.

PARKING - There are two spaces to the front of the premises.

TURNOVER - Turnover and net profit figures are available upon request.

TENURE - The landlord has agreed to enter a new 10 year lease to be agreed directly with the purchasers. Current rent passing £9,500. Rateable value £10,000 so currently paying zero business rates.

DIRECTIONS - Proceed out of Padstow on the B3276 in the direction of St Merryn. After passing the Parish Church of St Merryn and The Cornish Arms Public House, proceed to the crossroads and turn left. The Olive Tree is located on your left hand side.

About this agent

Cole Rayment & White - Padstow
Cole Rayment & White - Padstow
3 Duke Street Padstow, Cornwall PL28 8AB
01841 218993
Full profileProperty listings
Not all estate agents are the same A popular misconception is that all Estate Agents are the same but this is simply not the case. An Agent does not simply find a purchaser but a very important part of our role is to proceed the sale to a satisfactory conclusion. We have the experience and local knowledge to ensure that our fall through rate is kept to an absolute minimum. Years of experience gives us a tremendous advantage. We provide customised sales packages Our customised sales packages assist with the successful marketing of properties, including regular national press advertising in the Sunday Times and Saturday Telegraph as well as local coverage in Western Morning News, Cornwall Property Paper, Cornish Guardian and other local publications. We also provide feedback from every viewing appointment as well as regular marketing updates including the number of “hits” the property has received on the internet. We employ highly trained staff We employ trained and motivated personnel who have a thorough knowledge of this beautiful part of North Cornwall. Jeff Cole and Peter Olivey are members of the Royal Institute of Chartered Surveyors and Cole Rayment & White are regulated by RICS. Guild Members are experts in their local area, understanding the importance of selling a property to the right buyers, for the right price, in the shortest period of time. The Guild of Professional Estate Agents ensures that Guild Members and their staff are regularly trained and fully qualified in Estate Agency practice and customer service, under The Guild Associate Scheme. We have always been proud to belong to The Guild, which represents the highest standards in independent estate agency. Guild Associate status, recognises knowledge, skills and professional competence, so we can also justifiably claim to have the best-trained team in the Camel Estuary area. We market your property locally and worldwide We are members of The Guild of Professional Estate Agents which is a national network of over 700 independent estate agents with access to the lucrative London and international investor markets. Through The Guild we have a unique National Property Centre in central London and using state of the art technology touch screens, properties within our register are at the fingertips of thousands of potential buyers 24 hours a day 7 days a week. The offices located in Padstow and Rock are delighted to have opened two Fine & Country branches which operate within the well-established Cole Rayment & White core brand. Fine & Country has offices in over 275 locations worldwide and the new offices in Padstow and Rock extends the company’s presence in Cornwall. With the Fine & Country offices based in Park Lane, London, the brand not only has national coverage but also international representation. Cole Rayment & White truly has the best of both worlds for buyers and sellers alike, having excellent local knowledge and experience, coupled with national connections.
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