Retail/Shop to let Newquay TR8 5EA,15682sq ft

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Retail/Shop

Retail/Shop To Let Newquay

PROPERTY ID: 145461

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

15,682 sq.ft

Key Features

Unopposed Village Inn

Public bar (32)

2 bed accommodation with lounge and office

0.36 acre site with customer car park

New 5 lease

£5,000 premium to include existing inventory

Starting rent £18,000 per annum

Property Details

The London Inn Is A Traditional Village Inn In The Village Of Summercourt With Easy Access Onto The A30 Which Is Nearby. A One Bar Operation There Is A Public Bar, Commercial Kitchen, Customer Car Park And Space For A Beer Garden. There Is 2/3 Bed Accommodation And The Venue Is Available By Way Of A 5 Year Lease, With Light Touch Brewery Tie To Award Winning Keltek Brewery. The Building Has Double Glazing And Gas Fired (lpg) Central Heating.

Location

Summercourt Is Situated Close To The A30 (in Fact Was On The Original A30) Approximately 5 Miles Inland From Newquay. The Last Reported Population Was 842 (2021) And The London Inn Occupies A Highly Visible Position Within The Village. It Is An Easy Location For Access To The Main Trunk Road And A Popular Meeting Place. Summercourt Fair Is One Of The Largest And Oldest Traditional Fairs And Takes Place Annually Every Third Week In September.

Accommodation

All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition) On A Net / Gross Internal Basis.

Front Access Porch And Rear Leanto Access To The Public Bar (7.5m X 10.7m To Include The Stairway To First Floor). Wooden Bar Servery, Part Exposed Wood Ceiling Beams And Part Exposed Brick Walling With Wood Burning Stove To One End. Space For 32 Covers. Commercial Kitchen (6.1m X 4.8m) With Extraction (not Tested) And Separate Entrance Door. Rear Covered Leanto With Access To Ladies And Gents Wcs, Separate Smoking Shelter, Beer Cellar (5.9m X 3.2m) With Access To Store (5.6m X 3.6m).

The First Floor Has Independent Access Or Internal Via The Public Bar With Landing Leading To Bedroom (4.1m X 2.8m) With Dual Aspect, Bedroom (3.8m X 2.6m Plus Recess) With Dual Aspect, Bathroom, Store, Office (3.2m X 2m) And Lounge (4.4m X 4m) With Dual Aspect.

Outside

Customer Car Park For 15-18 Vehicles And Area For Beer Garden. Garage/store (5.5mx 3.4m) And Separate Store (4.2m X 2.4m)

Planning

Sui Generis For Pub Use.

Rent / Price

Offered By Way Of A New 5-year Assignable Lease On A Full Repair And Insure Basis. There Is A Minimum Order Of All Products Of £32,000 Per Annum.

Tenants Of Keltek Brewery Sites Have Exclusive Access To Preferential Pricing Through Their Partnership With Matthew Clark, Unlocking Full Buying Club Benefits Across A Comprehensive Range Of Bar Products-exceeding Standard Wholesale Rates. There Is A Brewery Tie To An Order Of 2 Keltek Brewery Ales And 1 Keltek Brewery Lager.

Premium £5,000 Plus Vat. Please Note That This Does Not Include The Landlords Legal Costs Of C£5,000 To Be Paid On Agreement Of Terms, With The Reminder At Completion.

3-month Rent (based On Year 4) As Deposit.

Rent Schedule: -
Year 1: £18,000
Year 2: £18,500
Year 3: £19,000
Year 4: £19,500

Business Rates

From The Valuation Office Agency Website (www.voa.gov.uk) We Understand That The Current Rateable Value Is £3,000. This Would Qualify For 100% Rates Relief Subject To The Tenants Circumstances. Council Tax Band B.

Services

We Understand That Mains Electricity And Water Are Connected To The Property With Private Drainage And Lpg Gas. These Services Have Not Been Tested By The Agents. Interested Parties Should Make Their Own Enquiries.

Epc

C (57)

Legal Fees

The Ingoing Tenant Is Responsible For Both Parties Reasonable Legal Fees In Relation To This Transaction. Landlord's Estimated Legal Fees £5,000 Plus Vat.

Vat

All Figures Quoted Are Exclusive Of Vat If Applicable.

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About the Agent

Vickery Holman

See Agent's Other Properties

Retail Unit

£18,000 / pa
£1,500 / month

London Inn,School Road, Newquay, TR8 5EA

Retail/Shop - Available
15,682 sq ft
1,457 sqm

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