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Freehold Bar And Development Opportunity In St Austell For Sale

St Austell, Cornwall, UK
Asking Price:
£199,950 Furniture / Fixtures included
Sales Revenue:
£110,000
Cash Flow:
Available on request

Freehold Bar & Development Opportunity located In St Austell. Comes with five bedroom accommodation. Offered with vacant possession.

Veritas Business Sales are delighted to offer for sale this popular three storey, grade II listed Bar which is located in St Austell. The property has been a watering hole for over 200 years and has been in the hands of our client for the past 2 years and they are now offering the site for sale to concentrate on other interests.
The business is owner operated and has an annual turnover of £110,000 net of vat with a GP of circa (50%). The Stag Inn is a busy locals pub which is currently 100% wet led and now being offered with vacant possession.
This is a superb opportunity for an existing licensed operator to increase turnover by implement food sales or alternatively it may be of interest to investors, builders or developers. With this in mind early viewing is highly recommended as this is not to be missed.

Property Information

Property:

Freehold

Living Accommodation:

First Floor
Accommodation
Lounge area (3.8m x 3.6m)
Kitchen 1 (5.2m x 2.0m)
Kitchen 2 (3.1m x 3.6)
Bedroom 1 (3.0m x 3.3m)
Bedroom 2 (3.6m x 3.0m)
Bathroom (2.4m x 1.9m)
Toilet (1.9m x 1.9m)

Second Floor
Bedroom 3 (3.0 x 2.7m)
Bedroom 4 (3.8m x 3.2m)
Bedroom 5 (3.4m x 3.7m)
Bathroom (2.6m x 2.4m)

Location:

This freehold bar & development opportunity is situated in the town of St Austell, Cornwall. Situated within a prominent and highly visible trading position in the centre of town with easy access to all the amenities. Nearby you have the village of Charlestown, famous for the filming of many TV programmes such as Poldark. Local attractions include, The Eden Project, The Lost Gardens Of Heligan and nearby is Carlyon Bay Hotel, Golf & Country Club.

Premises Details:

Ground Floor
Bar area (2.7m x 4.5m) comprising: till (Epos), 2 drinks glass fronted fridges, (Rhino & Interlevin), usual bar accessories, CCTV and various shelves.
Bar/Lounge (7.7m x 5.9m) with 5 tables with chairs with covers for (30), 2 bar stools and open feature fireplace.
Gents W/C with urinal and wash basin.
Ladies W/C with 2 sinks and wash basin.

Basement
Cellar (3.9m x 3.8m).
Storeroom 1 (6.7m x 2.4m).
Storeroom 2 (2.0m x 3.0m).

Business Operation

Years established:
200 years

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