the red lion, 5 lower lux street liskeard pl14 3jl central town freehouse

CENTRAL TOWN FREEHOUSE LARGE BAR AREA REAR ENCLOSED YARD OWNERS’ 3-BEDROOM ACCOMMODATION

FREEHOLD - OIRO £175,000 (WITH A LEASE IN PLACE)

THE RED LION, 5 LOWER LUX STREET LISKEARD PL14 3JL RENT REVIEWS | LEASE RENEWALS | VALUATIONS | AGENCY | MANAGEMENT

LOCATION & DESCRIPTION The Red Lion is located in the heart of the town of Liskeard. Liskeard is known as the social and administrative centre for this area of Cornwall and serves as a commuter town for the City of Plymouth. Liskeard is located off the main A390 and A38 roads and situated towards the east of Cornwall with a resident population of some 6,000+ persons. The town has many national and local retailers and banks.

GENTS TOILET WC, wash hand basin and urinals. LADIES TOILET Two wcs and two wash hand basins. STORE

REAR YARD Enclosed paved yard area with access to front of The premises comprise a mid-terrace, two-storey brick property. and stone construction a pitched slate roof, built in the 19th Century with additions to the rear with enclosed REAR STORE yard area and extra storage. Comprises a two-storey brick and stone construction under a ridged roof. ACCOMMODATION (All dimensions are approximate) STAIRWAY TO FIRST FLOOR MAIN ENTRANCE KITCHEN (4m x 3m) Double doors with tiled flooring. Range of worktops and sink unit. PASSAGEWAY BATHROOM Bath, wash hand basin and walk-in shower. MAIN BAR AREA (10.2m x 8.2m) Large L-shaped Victorian style bar area, part panelled with feature tiling and part-carpeted. Range of tables SITTING ROOM (6.5m x 3.8m) Feature fireplace. Carpeted. and chairs with pool and lounge area adjacent. BEDROOM 1 (4m x 3m) BAR SERVERY Victorian mahogany counter equipped with double Front double, with feature fireplace, wash hand basin. cooler, cash register and ice-making machine. PRIVATE LOUNGE AREA (3m x 4m) Feature fireplace.

BEDROOM 2 (4m x 3.5m) Rear room with wash hand basin and fireplace.

SEPARATE WC BEER CELLAR WC and wash hand basin. Located to rear of the bar equipped with cellar cooling unit. BEDROOM 3 (3.8m x 4m) Rear double room with wash hand basin. KITCHEN (3.5m x 2.2m) Small kitchen area equipped with a range of worktops. OUTSIDE STORE (3m x 1.5m) PASSAGEWAY TO REAR

To the front of the property lies access to Lower Lux Street, which is the thoroughfare for the main retail area of Liskeard.

TENURE FIXTURES, FITTINGS & EFFECTS The property is held on a lease from Alvor Estates to the Please note that the trade fixtures and fittings are owned by the tenant. Landlord’s fixtures and fittings will current tenants. Terms of the lease are as follows:be supplied on completion. A detailed inventory will be supplied prior to exchange of contracts. Term: 15 years from January 2009 on FRI terms Rent: £18,000pa with a 3-yearly rent review pattern BUSINESS RATES The property has a Rateable Value of £7,800 (VOA ACCOUNTS website 2010 list). Prospective purchasers should No accounts are available. confirm actual rates payable with the local billing authority (www.voa.gov.uk). BUSINESS The Red Lion trades as a community style freehouse ENERGY PERFORMANCE CERTIFICATE located off the main centre of the town of Liskeard. The The premises has an EPC Rating of G under Certificate business opens 7 days a week throughout the year, 11am Reference Number 0310-0931-4230-8529-1002. to 11pm. The business is primarily wet-led with no food available. The Red Lion enjoys a loyal and local trade and VIEWING/FURTHER INFORMATION receives a boost during summer months with visitors to Strictly by appointment: the area. Contact:

Jeremy Beeching

Tel: 01872 245809 PRICE [email protected] Offers invited in the region of £175,000 for the freehold Email: interest with the lease in place with the benefit of The sale of any going concern business is confidential therefore we Licence, landlord’s fixtures and fittings. 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 SERVICES Services against the premises include mains electricity, property even for an information viewing, we can then confirm whether or not it is still available.

water and drainage, with LPG for cooking. (We would

point out that no testing of any of the services has been These particulars do not constitute any part of an offer or contract, all statements as to the property and business are made without carried out by the agent.) responsibility on the part of SBC Property or the vendor, none of the statements contained herein are to be relied upon as statements or LICENCE representations of fact, any potential purchaser must satisfy themThe property has the benefit of a Premises Licence selves as the correctness of each statement in these particulars, the issued from Cornwall Council numbered 00486PL14P. (It vendor does not make or give and SBC Property nor any person in their employment has any authority to make any representation or is a requirement under the Licensing Act 2003 that the warranty whatever in relation to this property.

properties serving alcohol have a dedicated premises supervisor who must be the holder of a Personal Licence. Any prospective purchaser is advised to take appropriate specialist advice.)