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Camelford Freehold Public House, Restaurant & Inn with Bungalow Planning Permission

Camelford, Cornwall
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Freehold Public House/Restaurant & Inn Located In Camelford Photo 1
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  • Status

    FOR SALE

  • Date Submitted:

    24/10/22

  • Advert ID

    502549

  • Reference

    2790 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £449,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Freehold Public House Restaurant & Inn Located In Camelford

Freehold Public House/Restaurant & Inn Located In Camelford
Planning Permission For A Three Bedroom Bungalow
Owners Accommodation
Recently Re-furbished
Ref 2790

Location
This delightful Public House & Inn is situated in the tranquil countryside between Bowood Golf & Country Club and Juliots Wells Holiday Park in Camelford, North Cornwall. Within a short walk you have the attractive town of Camelford which is steeped with history and legends dating back thousands of years. The main through road is the A39 (Atlantic Highway) which runs between Bude (17 miles) and Wadebridge (11 Miles). The town lies on the edge of Bodmin moor and is about 6 miles from the rugged north Cornwall coast with the villages of Boscastle and Tintagel within easy reach. The very well known fishing and holiday town of Padstow is (18 miles) to the north west.

Freehold Asking Price: £449,950

Business Description
Veritas Business Sales are delighted to offer for sale this stunning Public House/Restaurant & Inn which is located near the Cornish town of Camelford. This public house has been a major part of the town for many years and has been in the careful hands of the current owners for the past 3 years. The business is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership the property has been completely refurbished and there has been continual investment 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 Knights Of The Round Tables is owner operated with the help of 1 full time member of staff. Approximately 60% of turnover comes from wet sales where you have one large bar area offering an extensive range of bottled beer, wines, spirits, cocktails and soft drinks. The remaining 40% of turnover comes from food sales where they serve a varied menu to include home made specials which are all freshly prepared to order on site using only the finest locally sourced produce. The business benefits from a large function room, well equipped kitchen and a stunning garden, making it the perfect wedding venue.
We believe that the business would thrive on a husband & wife team or experienced food based operators to enhance the food sales. The current owners due to personal circumstances have not tapped into the hugely profitable wedding market or carvery lunches. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. Juliots Wells holiday park backs onto the grounds of the premises. This is a superb opportunity to purchase a freehold business which has already benefited from significant investment and is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Ground Floor
Entrance & reception area (6.0m x 5.1m) with settee and coffee table.
Bar & restaurant (12.2m x 5.2m) comprising: 8 tables with chairs to cover (48), various ceiling and wall lights, various pictures, swords, shields and armour, bar counter, warming cabinet, upright drinks fridge, under counter fridge and espresso coffee machine. Restaurant area (5.1m x 5.6m) with large oak table with bench seating and covers for (8), various pictures and feature log burner.
Side restaurant area (10.7m x 2.7m) with 5 tables with chairs to cover (20).
Function room (16.5m x 6.7m) comprising: 9 tables with chairs to cover (60), retractable doors, dance floor, lighting, bar, under counter drinks fridge, wall mounted mirror, music system and various pictures.
Gents W/C with urinal, wash basin and wall mounted mirror.
Ladies 2 x W/C’s, wash basin and wall mounted mirror.
Disabled W/C, with wash basin hand rail and dryer.
Kitchen (9.4m x 5.3m) comprising: sink with drainer, dishwasher with push through section, sink with drainer, stainless steel prep table, fridge freezer (Samsung), under counter fridge, display fridge (ISA), 2 heated trolleys with bain-marie section, oven on a stand (Rational), two basket deep fat fryer, hot plate (Buffalo), 2 single deep fat fryers, 6 burner oven, 4 burner oven (Bonnet), 3 phase electrics, large extractor unit, large stainless steel table, under counter fridge (Fridgemaster), plate warmer unit with stainless top, microwave (Russel Hobbs) and stainless microwave.
Cellar (2.8m x 4.9m) with various shelving and upright drinks fridge.
Storeroom (2.5m x 2.5m) with various shelves.

Opening Hours
Winter – Thursday – Sunday – 6:00pm – 11:00pm
Summer – Monday – Sunday – 12:00pm – 11:00pm

First Floor
Apartment
Lounge (5.5m x 4.9m)
Bathroom (2.8m x 1.4m)
Bedroom (2.2m x 5.5m)
Kitchen (3.5m x 2.1m)

External
Mature gardens with bench seating and play ground.
Parking for 40 cars

EPC Rating C

Read more

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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