Red Lion Goldmartin Square, Mawnan Smith, Nr Falmouth, TR11 5EP • Landmark Pub/Restaurant in central village location close to Falmouth and the Helford River • Adjacent to award winning Trebah and Glendurgen Gardens • Offers unique traditional style bar/dining area for 100 covers • Beer garden, car parking • Owners 2 bedroom accommodation with separate one bedroom annex OFFERS INVITED IN THE REGION OF £139,995 FOR THE LEASEHOLD INTEREST TO INCLUDE FIXTURES & FITTINGS AND GOODWILL SAV
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SOLE AGENTS
LOCATION The Red Lion is well known as one of the most famous and iconic public houses in Cornwall close to the vibrant town of Falmouth and the picturesque Helford River. The Red Lion is located in a highly prominent central location in the heart of Mawnan Smith which in itself is a thriving and vibrant village close to Truro (5 miles), Falmouth (4miles), Penryn (4 miles).
THE GALLERY BAR (5.10m x 4.0m) Unique bar dining area with a vaulted beam ceiling, feature granite fireplace with woodburner, decorated with an array of interesting antique bric-a-brac.
DESCRIPTION The Red Lion comprises a detached 17th Century two storey cob and stone construction under a thatched roof with later extensions with beer garden and on site car parking. The premises underwent a complete internal refurbishment in June 2016, including the whole thatched roof. The property is Grade II listed.
THE HALL BAR AREA (4.6m x 3.5m) Similar traditional style bar dining area with high vaulted ceiling, feature granite fireplace with wood burner, fully fitted and equipped for 20+ covers.
ACCOMMODATION (all dimensions are approximate) MAIN FRONT ENTRANCE VESTIBULE MAIN BAR (10.00m x 4.5m) Traditional style bar area with open feature open beamed ceiling, part carpeted and tiled, fully fitted and equipped for 20+ covers. BAR SERVERY Return mahogany counter with slatted front, bottle cooler, touch-screen tills, Altro floor. ENGINE ROOM (3.4m x 3.5m) Similar style bar area with range of antique bric-a-brac, fully fitted and equipped for 10+ covers. SNUG BAR (7.25m x 2.00m) Similar style character bar area equipped for 6-10+ covers. BAR SERVERY Mahogany counter.
BAR SERVERY Mahogany counter, glass washer, touch-screen tills, bottle fridge and wine rack.
CAR PARK ENTRANCE RESTAURANT AREA 1 (7.05m x 3.75m) Dining area with vaulted ceiling, open stone walls, fully fitted and equipped for 20+ covers. RESTAURANT AREA 2 (7.2m x 3.6m) Fully fitted and equipped for 20+ covers. SERVERY Counter coffee machine, touch-screen tills. COMMERCIAL KITCHEN (4.5m x 3.8m) Well equipped commercial kitchen area with aluminium extractor hood, 6 burner gas range, grill, deep fat fryer, range of stainless steel prep tables, microwaves, Altro floor. WASH UP AREA (3.65m x 3.3m) Commercial power washer with twin stainless steel sink unit. PREPARATION AREA Equipped with walk-in refrigerator and stainless steel prep tables. GENTS TOILET 3 urinals, WC, wash hand basin, non-slip tiled flooring. LADIES TOILET 3 WC, 2 wash hand basin, non-slip tiled flooring. PASSAGEWAY CELLAR Separate side access, currently operated as a store with ice making machine.
BEER CELLAR NRS beer cooling unit. EXTERNAL STAIRWAY TO:
OWNERS’ FLAT 1 SITTING ROOM BEDROOM 1 BATHROOM – with bath, WC, wash hand basin. KITCHEN
FIXTURES, FITTINGS & EFFECTS Normal fixtures and fittings associated with this type of property are included in the sale and detailed inventory of trade fixtures and fittings will be supplied prior to exchange of contracts. LICENCE The property bears the benefit of a Premises Licence from Kerrier District Council No. 0041-05. This is a requirement under the Licensing Act 2003 that the property serving alcohol have a dedicated premises supervisor must be the holder of a personal license. Any prospective purchaser is advised to take appropriate specialist advice.
STAIRWAY TO:
OWNERS’ ACCOMMODATION 2 KITCHEN/STORE BATHROOM – with bath, WC, wash hand basin. OFFICE SITTING ROOM BEDROOM 1 – Front aspect double BEDROOM 2 –Front aspect double CAR PARK Located at front of property circa 8 cars. BEER GARDEN Equipped with picnic table seats. STAFF CAR PARKING To rear of property. BUSINESS The Red Lion has historically traded as one of the most well known public houses in Cornwall and is featured in many restaurant and beer guides. The business primarily trades as a quality community style freehouse restaurant located in the heart of the local village of Mawnan Smith which lies close to Trebah and Glendurgan Gardens and the Helford River. The business of the Red Lion has gained an excellent and enviable reputation for food and drink and is open all year round, seven days a week, from 11am to 12pm through the year with extra hours on bank hollidays.and Christmas. The business enjoys an extremely loyal local clientele which is drawn from Truro, Falmouth, Penryn, Helford, and naturally received an exceptional boost during the seasonal months with the many visitors to the area. We understand that the approximate split between wet and dry is 60:40 to wet.
SERVICES Services against the premises include mains electricity, water and drainage, LPG for cooking and gas-fired boiler (installed Jan 2014) supplying central heating and hot water. We would point out that no testing of any of the services has been carried out by the agent. BUSINESS RATES £45,600 – Kerrier District Council (2010 list) TENURE The Red Lion is held on a 3+3 year agreement from Star Pubs and Bars at a current rent of £46,800 + VAT on a part repairing and decorating basis with a tie for draft and bottled beer only. ACCOUNTS Financial information will be made available to any seriously interested purchaser following an initial viewing. ENERGY PERFORMANCE CERTIFICATE PRICE Offers invited in the region of £139,995 for the Leasehold interest, with the benefit of licence, fixture and fittings, plus stock at valuation on completion. VIEWING Strictly by appointment with the Sole Selling Agents SBC Property. The sale of any going concern business is confidential therefore we would ask that you do not make any direct approaches to vendors, their staff or customers, and arrange all viewing appointments through our offices. You are recommended to contact us before visiting the property even for an information viewing, we can then confirm whether or not it is still available. It is emphasised that in these Particulars of Sale items of furniture, fixtures, fittings and equipment are mentioned for descriptive purposes only and do not necessarily form part of the Trade Inventory as referred to above.
CHARTERED SURVEYORS COMMERCIAL, LICENSED & LEISURE PROPERTY CONSULTANTS DANIELL HOUSE FALMOUTH ROAD TRURO TR1 2HX
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[email protected] SBC Property is the trading name of Scott Burridge Commercial LLP for themselves and for the vendors of this property whose agents they are give notice that: (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars as to this property are made without responsibility on the part of Scott Burridge Commercial LLP, or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither Scott Burridge Commercial LLP nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.