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The Wig & Pen, 1 Frances Street, Truro, Cornwall TR1 3DP

£8,250

Business rates & charges may apply

Sprosen Ltd, Weston-Super-Mare
SIZE

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SECTOR

Pub for sale

Key features

  • Refurbished high turnover Cornish city pub
  • With recent weekly turnover circa £15,000 in prime trading location
  • High quality trading space seats 50 on ground floor
  • Separate bar on lower ground floor for 40
  • Refurbished WCs
  • High quality commercial kitchens
  • One/two-bedroom private quarters
  • Outside seating for 40
  • In the centre of Truro's commercial and retail area

Description

LOCATION

The Wig & Pen is situated in the centre of Cornwall's cathedral city of Truro.

As the name suggests, it is in the shadow of the large County Court surrounded as it is by multiple retail shops and hospitality businesses.

This is an absolutely prime trading location.

THE BUSINESS PREMISES

Entrance Vestibule
With slate floor.

A newly decorated space leads to:

Main Bar
(10 m x 12.5 m)
Seats around 50 with plenty of additional vertical drinking space.

This is a quality recently refurbished area with hardwood floor, exposed stone walls, two open fireplaces and high value inventory of fixtures of fittings.

There is a tiled fronted and hardwood topped bar servery fitted with a full range of equipment behind.

Gents WC
Recently refurbished.

Ladies WC
Recently refurbished.

Baby Change Area

Cellar Bar
Has its own separate entrance vestibule (5.6 m x 5.5 m) with part exposed stone walls and hardwood floor.

This is an ideal area for functions, meetings or overflow. The dumbwaiter also accesses this area.

The capacity is for around 40.

Cellar

First Floor Commercial Kitchen
(5.1 m x 5.2 m)
A large kitchen space with a good level of catering equipment, commercial extract including numerous under counter refrigerated units, rational, oven, deep fat fryers etc.

Large Corridor for Additional Food Prep
With stainless steel workstations and refrigerated units.

Additional Wash-Up Area
With dishwasher and deep bowl sink unit with overhead rinsing arm.

Staff Room

Store Room

Staff Kitchen
(3.2 m x 2.9 m)
With a range of modern fitted wall and floor units, integrated hob and oven.

Staff Lounge
(5.6 m x 4.3 m)
A lovely large double aspect room.

Staff Bedroom
(3.6 m x 3.6 m)
A large double bedroom.

Staff Bathroom
With low level flush WC, pedestal wash hand basin, panel bath with shower over.

OUTSIDE

To the side there is a quality seating area for 16.

To the front there is an equally attractive area for 20.

THE PROPERTY

Is a classic Georgian building set at the end of a terrace of similar buildings.

The property has been refurbished recently and occupies a superb trading position.

THE BUSINESS

Is currently closed but until very recently had been open and trading successfully with, we are informed, a weekly turnover of around £15,000. We are unable to provide any accounts or warrant any trading information.

We are advised that the split in trade was around 60% wet and 40% food sales.

This is a great opportunity for any experienced operator to run this fantastic business.

TENURE

The property is available on the basis of a brand new agreement with St Austell Brewery.

The annual rent is quoted at circa £33,000.

There will be a wet sales tie to St Austell Brewery as part of this agreement.

Rateable Value
Current rateable value (1 April 2023 to present) £32,750.

Brochures

The Wig & Pen, 1 Frances Street, Truro, Cornwall TR1 3DP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Truro Station0.4 miles
  • Perranwell Station4.2 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

Sprosen Ltd, Weston-Super-Mare

We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.

If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.

We have been established for 17 years and we look forward to being of help in the future.

More properties from Sprosen Ltd, Weston-Super-Mare

Notes

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Disclaimer - Property reference 652. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sprosen Ltd, Weston-Super-Mare. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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