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0121 721 6440

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Property description & features

Leasehold
Public House
Associated Camping Site
10 Electric Hook Ups
Village Location
Scope to Increase Food sales
Four Bedroom Accommodation Above

Leasehold Public House With Associated Camping Site Located In Gwinear
Four Bedroom Owners Accommodation
5 Star Food Hygiene Certificate
Ref 2635

Location
This established Public House & Associated Camping Site is located in the Cornish village of Gwinear. The pub is 2 miles from Hayle and only 4 miles from the thriving harbour town of St Ives. Both Hayle and St Ives enjoy high levels footfall and tourism especially in summer months and produce above average levels of sunshine. St Ives was voted the best holiday destination by Coast magazine and is listed in TripAdvisor's top 10 European beaches.

Asking Price: £64,950 plus SAV (£2,500)

Business Description
Veritas Business Sales are delighted to offer for sale this Leasehold Public House & Associated Camping Site which is located in Gwinear. This grade II listed property has been operating as a pub for the 60 years and has been in the careful hands of the current owners for the past 4 years and is reluctantly being offered for sale due to unforeseen health reasons.
Since ownership the property has been kept in good order 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 Royal Standard is owner operated with the help of 2 part time members of staff and has an annual turnover of £120,000. Approximately £80,000 of the turnover derives from wet sales where they offering an extensive range of ales, wines, spirits, cocktails and soft drinks. Food sales equates to £20,000 and the remaining £20,000 from the newly introduced and very popular camping site which comes with 10 electrical hook up points as well as room for 5 other visitors.
We believe that the business would thrive in the hands of a husband & wife team or experienced food based operators to enhance the food sales. 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. This is a superb opportunity to purchase a business with further potential which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Opening Hours
Monday - Friday - 5:00pm - 10:00pm
Saturday & Sunday - 12:00pm - 10:00pm

Leasehold
Original term: 7 years
Remaining : 2 years
Reviewed: 3 years
Business rates: zero

Ground Floor
Front bar (7.2m x 4.5m) comprising: tables & chairs to cover (14), menu boards, various pictures and log burner with feature fire place.
Side bar (7.7m x 4.2m) with pool table with ceiling lights, tables & chairs to cover (22) and menu boards.
Bar comprising: glasswasher (Adexa), wash basin, electronic till, 3 door glass drinks fridge (Rhino), music system and all the usual bar equipment.
Kitchen (2.5m x 5.9m) comprising: upright fridge (Adexa), upright freezer (Adexa), upright freezer (Adexa), 6 burner cooker (Caterquip), dual basket deep fat fryer (Lincat), 3 stainless steel sinks with drainer and directional hose, dishwasher, microwave (Aedexa), hot lamp unit, extraction canopy and stainless steel prep table.
Games room (7.2m x 3.6m) with pool table, dart board, tables with chairs, bench and feature fire place.
Gents W/C with 2 urinals and wash basin.
Ladies W/C with wash basin and wall mounted mirror.
Cellar with all the usual cellar requirements.
The property benefits from electric storage heating

First Floor
Owners Accommodation
Lounge (4.3m x 4.3m)
Bedroom 1 (4.4m x 3.0m) double
Bedroom 2 (4.8m x 2.1m) double
Bedroom 3 (3.5m x 3.2m) single
Bedroom 4 (3.4m x 3.6m) single
Bathroom (3.6m x 2.2m) with bath, W/C and wash basin

External
Car park. Large garden with children's play area. Smoking area. Campsite with 10 electrical points.

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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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.

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