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Quayside, 41 Arwenack Street, Falmouth, Cornwall, TR11 3LH

Guide Price
£1,000,000

Business rates & charges may apply

WTS Property Consultants, Birmingham
SIZE

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SECTOR

Pub for sale

Key features

  • Prominent historic four-storey property occupying prime quayside location
  • Situated in Falmouth town centre close to main commercial and tourist thoroughfare
  • Stunning views across the Custom Quay harbour
  • Large external seating area for c. 150 covers
  • Trading over two floors

Description

Location

Falmouth is a historic coastal town located in South Cornwall, around 66 miles south west of the city of Plymouth. The town is well known for having one of Europe's deepest natural harbours on the Fal Estuary. Falmouth is Cornwall's largest town with an estimated population of 23,000. The area is a popular tourist and heritage location; notable amenities include Pendennis Castle, the National Maritime Museum with the local harbour and beaches nearby.
The Quayside Inn is located in a prime position in the town centre facing Arwenack Street and backing onto Custom Quay (with view across the harbour). The property is surrounded by a mix of independent retail premises, Falmouth Harbour Commissioners office and a number of F&B operators including The Stable, The Front, Harbour Lights Fish & Chips, Amanzi and St Austell Brewery.

Property Description

The Quayside Inn is a Grade II listed end of terraced property with painted and rendered elevations beneath a pitched and hipped roof. The building has a three-storey frontage with a four-storey elevation to the rear.

Accommodation

The ground floor is accessible from Arwenack Street and comprises of an entrance leading into an open plan L shaped trading area with harbour views which can accommodate around 45-50 covers, central bar servery and customer WC's.
The lower ground floor comprises of an open plan trading area which can accommodate around 30 covers, central bar servery, catering kitchen, beer store and a store.
The first floor comprises of a large lounge (divided into two rooms), bathroom with a separate boiler room, domestic kitchen, office, store and a bedroom.
The second floor comprises of a bathroom, domestic kitchen and five bedrooms (one of which has a bathroom and one has a shower area) which are currently being used for storage purposes.
The pub's ground floor Gross External Area is circa 1,487 square feet and it sits on a plot size amounting to around 0.038 of an acre.

Tenure Comments

Freehold. The property is held under Title Number CL161305 and the Title Plan is included on page 5.
Leasehold. The external areas are held under two separate leases and provide for c. 150 covers. Summary details of these leases are included on page 7-8.

Planning and Development

We have made enquiries with the local authority and can confirm the property is Grade II listed and is located within Falmouth conservation area. For further information please contact the local authority.

Services

We understand the property is connected to all mains services but any interested parties must rely on their own enquiries to confirm this.

Premises Licence

It is understood that the property currently possesses a Premises Licence.

Fixtures and Fittings

The sale of the property will include trade fixtures and fittings which are in the absolute ownership of the Seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded.
The stock in trade is to be purchased additionally at valuation to include dry and wet stocks and trade glassware.

VAT

VAT is applicable on the sale of the property. TOGC may apply.

EPC

An EPC has been requested.


Viewings

All viewings are strictly by appointment only.

Brochures

Quayside, 41 Arwenack Street, Falmouth, Cornwall, TR11 3LH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Falmouth Town Station0.3 miles
  • Falmouth Docks Station0.4 miles
  • Penmere Station0.8 miles

About WTS Property Consultants, Birmingham

6 Bennetts Hill, Birmingham, B2 5ST

Licensed, Leisure and Commercial Property Specialists.

Who are we?

Founded by George Walker, Richard Tole and Jack Sinclair, WTS Property Consultants provide specialist property advice to a wide variety of Landlord, Occupier, Developer and Investor clients across the UK.

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Notes

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