Leasehold Bar & Restaurant Located In Polperro
3 Bedroom Accommodation Above
Free of Tie
Ref 2600

Location
This delightful Bar & Restaurant stands within a prominent and highly visible trading position on the main street in the unspoilt fishing village of Polperro. The area is a restricted traffic zone, situated in an (Area of Outstanding Natural Beauty), located on the South East coast of Cornwall which provides peace and tranquillity for all guests. A noted tourist destination particularly in the summer months for its idyllic appearance, delightful harbour, beautiful beaches, fantastic costal walks, complimentary niche independent retailers, art galleries, delicious seafood and tightly packed ancient fisherman houses. The river Pol runs through the village which is situated 7 miles east of Fowey, 4 miles west of neighbouring town Looe and 25 miles from the city of Plymouth.

Leasehold Asking Price: £34,950 plus SAV (£1,000)

Leasehold
New 10 year lease available
Rent: £18,000 pa
Rates: Zero

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Bar & Restaurant which is located in the stunning village of Polperro, Cornwall. The property dates back to circa 1780 and has been in the careful hands of our clients since 2017 and is now being offered for sale so they can enjoy a well deserved retirement.
Since ownership they have redecorated and invested 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 Buccaneer is owner operated with the help of 2 part time members of staff during summer months and has an annual turnover of in excess of £80,000. The Bar & Restaurant has struggled during COVID due to staff problems. We believe that there is still further potential to increase trade should you wish, by making use of the double pizza oven for takeaways during the summer months. This is a superb opportunity to purchase an amazing and unique lifestyle business which is a great base to build upon and as such early viewing is highly recommended.

Opening hours
Currently not trading

Ground Floor
Entrance (1.5m x 1.5m)
Bar/Restaurant (7.25m x 6.9m) comprising: 6 dining tables & chairs with covers for (24), 3 coffee tables, 3 arm chairs and 2 leather look settees.
Bar (2.2m x 3.7m) comprising: 2 bar stools, till, under cover drinks fridge (Interlevin), white undercounter fridge, wine fridge (Baumatic), drinks mixer (Bosch), wash basin and various shelves.
W/C with wash basin
Kitchen (2.5m x 4.8m) comprising: dual pizza oven (Lincat), hot plate (Buffalo), oven (Blue Seal), dual fryer (Lincat), stainless steel table, grill (Buffalo), microwave (Cookworks), microwave (Babantia), sink with drainer, under counter fridge (Bush), under counter freezer (Swan), stainless steel prep table and wash basin.
Pot Wash & Prep Area (2.7m x 3.2m) comprising: toaster, kettle, wash basin, dual sink with drainer, upright fridge (Indesit), under counter freezer (Ice King), stainless steel prep table and various shelves.
Store Room 1 (1.5m x 3.5m) with upright fridge freezer (Candy), upright fridge (Zanussi), chest freezer and box freezer (Eurocold).
Store Room 2 with various shelves

Owners 3 bedroom apartment
First Floor
Bedroom 1 (3.0m x 3.1m) double
Bathroom (2.5m x 1.6m)
Kitchen (4.0 x 4.1m)
Lounge (4.3m x 4.5m)
Second Floor
Bedroom 2 (3.0 x 2.4m)
Bedroom 3 (3.5m x 2.7m)

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

No longer on the market

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