Business Summary

Popular Pub in Cornish Village

Refurbished dining and bar areas

Free of tie

Excellent turnover and profits

Good sized owners accommodation

Falcon Commercial is delighted to offer for sale this popular Public House which benefits from a good sized garden and car park. It has been under the proud ownership of our clients since 2007, who have carried out extensive refurbishments. It is now reluctantly being placed on the market to allow the vendors to concentrate on their other business interests. During our clients stewardship the business has built up an excellent reputation for its welcoming atmosphere and good food.

Operating from substantial semi-detached landmark premises of real charm and character, the business currently offers a full and varied all day menu of classic a la carte hot and cold café and restaurant meals, side orders, desserts and beverages, all prepared freshly to order in its extensively equipped catering kitchen and served in the very pleasant surroundings of a tastefully furnished and appointed dedicated dining area, which can accommodate up to 45 covers in style and comfort with numerous additional general bar and external covers also available.

The St Aubyn Arms is run by our clients with help from a dedicated team of staff. The business generates a turnover in the region of £215,000 per year and enjoys a split of 50% wet sales and 50% food. This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

The Premises

The ground floor areas of The St Aubyn Arms have been extensively refurbished and are fitted and presented to superb industry specifications throughout. This substantial and detached character landmark premises occupies an outstanding corner trading position in the center of the village and provides excellent internal business accommodation which briefly comprises:

Ground Floor

Dining room with 45 covers. Wooden floors and part exposed solid stone walls. Wooden faced bar servery with 4 points of dispense
Bar with 22 covers at wooden tables and chairs. Corner bench style seats and at the bar. Feature fire place. Wooden faced bar server with 3 points of dispense.
Rear lobby which has 10 covers and a door leading to the garden
Fully fitted commercial catering kitchen with extraction
Ladies Toilets
Gents Toilets
Trade Ciller

First Floor

Lounge with windows to both the front and rear
Former Bar
Bathroom
Toilet
3 Double bedrooms

External

Beer garden
Smoking shelter
Garage which is currently used for storage
Car park with space for approximately 30 cars

Tenure

The business is offered with the benefit of a secure free of tie 10 year lease of which 6 years are remaining. The current rent payable is £24,000 per year.

Opening Hours

Mid-day – 2.30pm then 6.00pm – 11.00pm (kitchen until 9.00pm)
Open all day Saturday
Business Rates

The business rates payable are £4,200 per year.

Stock

The business stock value is approximately £5000.

Property Details