Navy Inn Queen St 955 SF Retail Building Penzance TR18 4DE $634,697 CAD ($664.60 CAD/SF)
INVESTMENT HIGHLIGHTS
- Freehouse restaurant off Penzance promenade
- Well equipped commercial kitchen
- Owners’ 3-bedroom accommodation
- Traditional style bar restaurant areas for 50+ covers
- Rear courtyard to the rear
EXECUTIVE SUMMARY
Offers in the region of £350,000 for the freehold interest to include goodwill, fixtures and fittings plus stock at valuation.
The Navy Inn comprises an end-of-terrace, two-storey granite and stone construction, originally built in the 19th Century, under a pitched slate roof, with later extensions to the rear, a small courtyard area and open side passageway. The property comprises two bar dining areas with a fully fitted commercial kitchen. On the upper floor is the 3-bedroom owners’ accommodation.
The Navy Inn has traded for many years in this location just off the main promenade, trading as a fully licensed free-of-tie bar restaurant with catering facilities. The business enjoys a good and loyal local trade and, of course, benefits from the many visitors to the area during the seasonal months.
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.
The Navy Inn comprises an end-of-terrace, two-storey granite and stone construction, originally built in the 19th Century, under a pitched slate roof, with later extensions to the rear, a small courtyard area and open side passageway. The property comprises two bar dining areas with a fully fitted commercial kitchen. On the upper floor is the 3-bedroom owners’ accommodation.
The Navy Inn has traded for many years in this location just off the main promenade, trading as a fully licensed free-of-tie bar restaurant with catering facilities. The business enjoys a good and loyal local trade and, of course, benefits from the many visitors to the area during the seasonal months.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
955 SF
Building Class
C
Year Built
1888
Price
$634,697 CAD
Price Per SF
$664.60 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
27’ on Queen Street
AMENITIES
- Energy Performance Rating - C
1 of 1
NEARBY MAJOR RETAILERS
