Retail/Shop to let Looe PL13 1HN,3380sq ft

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Retail/Shop

Retail/Shop To Let Looe

PROPERTY ID: 127481

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

3,380 sq.ft

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

Property Details

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.

A Substantial Roadside Public House Opposite Looe Railway Station On The Edge Of The Town Centre. Great Visibility For Passing Trade And Previously Popular With Local Customers, The Globe Is In Need Of Full Refurbishment And Experienced Operators. 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 (www.voa.gov.uk) 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.

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About the Agent

Vickery Holman

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Retail Unit

£30,000 / pa
£2,500 / month

The Globe Inn,Station Road, Looe, PL13 1HN

Retail/Shop - Under Offer
3,380 sq ft
314 sqm

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Retail/Shop To Let Looe

PROPERTY ID: 127481

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

3,380 sq.ft

Key Features

Property Details

About the Agent

Vickery Holman

Retail Unit

£30,000 / pa£2,500 / month

The Globe Inn,Station Road, Looe, PL13 1HN

Retail/Shop - Under Offer 3,380 sq ft314 sqm

Enquiry Form

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