If you are looking to lease a pub in St Austell, The Duke Of Cornwall is available !
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Lease a Pub In St Austell – The Duke Of Cornwall Is Available !
Located in St Austell the Duke Of Cornwall sits at the west of the town away from from the main through road. A large proportion of the trade at the Duke Of Cornwall comes from the local population with tourism in the rooms in key holiday times. There is a stream of tourism in the peak season to visit the local tourist spots such as Charles Town and the Eden project which is all year round with a lot of concerts
VACANCY FEATURES
ROOMS WITH A VIEW
PARKING ON SITE
TRADITIONAL PUB FOOD
Location:
Located in St Austell the Duke Of Cornwall sits at the west of the town away from from the main through road. A large proportion of the trade at the Duke Of Cornwall comes from the local population with tourism in the rooms in key holiday times. There is a stream of tourism in the peak season to visit the local tourist spots such as Charles Town and the Eden project which is all year round with a lot of concerts.
Internal Trade Areas:
Internally the Duke Of Cornwall has a trade kitchen, 7 letting rooms all
of which have ensuite and have been refurbished in the last 2 years. Upon entering the site
there is a bar area of about 42 covers with a large open fireplace leading in to a second bar
which has 14 covers. In the main bar the is a sports area including a pool table and darts. There is
also a dining area which is used for a breakfast room and restaurant which can sit 22 covers. The
trade potential of this area is substantial given the level of footfall provided by the the locals and
the steady stream of tourism and people from all around who come for the local events such as
the Eden project.
External Trade Areas:
Externally the Duke Of Cornwall beneits from an enclosed area with 5/6
benches. Within this area there is also a smoking solution. There is also room here for a BBQ
area which has been very successful in the past. There are heaters to help promote the use all
year around. There is also a car park which can hold 18 cars at anyone one time which is a great
benefit in this suburban area with limited parking in the area.
Private Accommodation:
The private accommodation at the Duke of Cornwall is a bungalow
which sites at the rear of the pub. The bungalow has 3 bedrooms, 1 bathroom, living room a
kitchen dinner and a private deck area outside. This is very unique and gives the business
partner the opportunity to be away from the business but also close enough if needed.
Estimated Food Turnover Breakdown Liquor = 80% Food = 12% Accommodation = 8%
Rates Current Rateable Value: £10,250 Rates payable TBC
Likely Ingoing Deposit 25% of rent
Fixtures & Fittings approximately £17,000 subject to independent valuation
Stock & Glassware approximately £3000 subject to independent valuation
Total approximately £TBC We are willing and able to assist with funding those eager to start their own journey. You add the talent and drive and we can help with the finance.
BDM Comments.
The Duke Of Cornwall is is an ideal site to grow the food business on top of
what is a great wet and accommodation base. The reputation of the pub in the area is very strong
and the missing piece of the jigsaw is the food offering.
