The Globe Inn, Station Road, Looe, Cornwall, PL13 1HN
- SIZE AVAILABLE
3,380 sq ft
314 sq m
- SECTOR
Pub to lease
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
Key features
- Open plan public bar and restaurant
- Beer garden
- 4 bed accommodation - may convert to two flats (STP)
- New free of tie 20 year lease available
- Full refurbishment required
- Busy location on main access road and opposite railway station
- Popular harbour town
- Experienced operator required
Description
Location
The communities of East and West Looe lie either side of the Looe River in South East Cornwall. It is approximately twenty miles West of Plymouth and eight miles South of Liskeard. During the 18th Century, East Looe became a significant fishing port and market and through the export of mineral ores from nearby mines its quayside activity increased during the following Century.
The town's economy now relies far more heavily on the tourist trade, which has seen significant growth in recent years. East Looe still contains an important fish market operating throughout the week, serving the area. It has a resident population of around 5,400.
The centre of Looe is dominated by a medieval street pattern, with narrow streets and 17th, 18th and 19th Century buildings. The buildings predominately provide ground floor retail accommodation or catering facilities with residential dwellings above. The residential accommodation is used both for owner occupation, long term lettings and short-term holiday lets.
The Globe Inn occupies a prominent roadside position on the approach to town and is opposite the railway station.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Front entrance to open plan public bar (65.5sqm/705 sq ft) with wooden bar servery. Space for 24 covers. Access to ladies and gents WCs. Stairway access to first floor. Opening to restaurant (7.5m x 3.7m) with space for 32 covers.
Kitchen (4.5m x 2.9m) with access via the bar and rear access door. Extractor (not tested). Beer cellar (5.3m x 3.8m) with side access door, stairway to first floor and adjoining store room to rear yard.
The first floor consists of living accommodation. There is external access to one side and two stairways.
Area 1 provides for office (2.9m x 2.4m), bathroom with wall mounted gas boiler, through lounge (4m x 4m) to bedroom (3.7m x 3.3m) and bedroom (4.5m x 3m), which has been used as an ad hoc kitchen with internal door to area 2.
Area 2 with landing and access to bedroom (3.6m x3.4m), bedroom (2.9m x 2.3m average), through lounge (6.4m x 3.2m) leading to bathroom, inner landing and kitchen (3.3m x 2.7m) with steps down to a attic store room.
Externally
To the front there is a beer garden (unusual for Looe) with space for 8 benches. To the rear there is a service yard with store and shed.
Planning
Sui generis pub use.
Rent / Price
Nil premium. Rent £30,000 per annum (plus VAT)
Business Rates
From the Valuation Office Agency website ( we understand that the current Rateable Value is £6,700. Council tax band A. Current government support in the leisure sector provides a 75% discount on rates payable until March 2025.
Services
We understand that mains electricity, gas, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
Awaited
Legal Fees
The lessee will be responsible for their own legals fees and a contribution of £1,500 towards the Landlord's reasonable legal costs.
VAT
All figures quoted are exclusive of VAT if applicable.
Brochures
The Globe Inn, Station Road, Looe, Cornwall, PL13 1HN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Looe Station0.1 miles
- Sandplace Station2.0 miles
- Causeland Station3.3 miles
Vickery Holman is a multi-disciplined property company who have been trading in the south west since 1848.
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Notes
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