Grade II Listed Freehold Public House & Restaurant in Redruth Cornwall Up for Sale
Redruth, Cornwall
- Status
FOR SALE
- Date Submitted:
06/03/24
- Advert ID
607835
- Reference
2973 / Rightbiz
- Call Agent:
- Freehold: £275,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Freehold Grade II Listed Public House & Restaurant Located In Redruth
Freehold Grade II Listed Public House & Restaurant Located In RedruthLeasehold Option Available
Potential For Development
Currently Not Trading
Ref 2973
Asking Price £275,000
Location
This Public House & Restaurant is located in the Cornish town of Redruth. The business is very close to the town centre which has large blue chip and niche independent retailers. The main trunk road through the county the A30 provides easy access to the picturesque town of St Ives which is approximately (16 miles) away. Truro city centre, is (15 miles) away and the popular holiday village of Portreath is only (4 miles) away. Redruth is also on the main railway line from Paddington to Penzance.
Business Description
Veritas Business Sales are delighted to offer for sale this well positioned Public House & Restaurant which is located in the Cornish town of Redruth. The property has been in the hands of our client since 2015 and is now being offered for sale so that they can concentrate on other business interests. The property has been a watering hole since the 1400’s and was recently operating as a restaurant but is currently not trading. Rose Cottage occupies almost a quarter of an acre and is available both freehold or leasehold. The property is Grade II Listed and falls within a conservation area so any development would need to be sympathetic to the existing building or alternatively would suit a multitude of other uses.
This is a rare opportunity to purchase a historically renowned property ideally positioned and as such early viewing is highly recommended.
Leasehold Option
New lease to be granted length to be agreed
Rent: £22,000 pa
Reviewed: 5 yearly
Business Rates: zero
Ground Floor
Bar area (11.6m x 4.2m) with 6 booths with tables & seating with covers for (32), feature open fire and various pictures. Bar (4.4m x 1.9m) with usual requirements. Rear Bar (4.8m x 1.5) with 2 coffee machines, under counter drinks fridge. Restaurant 1 (7.9m x 10.8m) with 6 tables & chairs with covers for (30). Restaurant 2 ((9.4m x 4.0m). Cellar (2.4m x 2.1m) with usual cellar requirements. Glass wash area (2.2m x 2.2m) with glass washer. Kitchen (4.3m x 5.4m) comprising: 2 sinks with directional hoses, 3 door chiller unit (Electrolux), microwave (Sharp), grill, 3 door chiller with lamps for pass, various stainless prep tables, commercial extraction canopy, stove (Parry), oven (Rational), dishwasher, upright fridge (Polar) and upright freezer (Polar).
Ladies toilets. Gents toilets.
First Floor
Bedroom 1 (3.7m x 3.4m) with en-suite, shower and w/c Bedroom 2 (3.4m x 1.8m Bedroom 3 (3.1m x 3.5m) Bedroom 4 (3.1m x 2.7m) Bedroom 5 (3.2m x 3.5m) Lounge (4.0m x 3.3m) Bathroom (2.7m x2.9m)
External
Front car park for (10) vehicles. Large rear garden with garage (no vehicle access).
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
