If you are looking for a pub tenancy in Fowey, run The King Of Prussia !
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Pub Tenancy In Fowey – Run The King Of Prussia
THIS IS A GREAT SITE WITH MANY INCOME STREAMS, IT BENEFITS FROM A LARGE SEASONAL UPLIFT BUT ALSO HAS A STEADY TRADE THROUGH THE WINTER
The King of Prussia would ideally be suited to an experienced operator with a passion for great food and great service. Experience in B & B letting accommodation would be ideal in order to maximize the great potential this location has to offer.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The King Of Prussia Fowey
The King of Prussia dates from the late 17th century and is thought to be named after the smuggler and privateer John Carter nicknamed ‘the King of Prussia.’ It sits at the heart of the beautiful historical harbour town of Fowey, with views overlooking the estuary and occupies a prominent position in the town. Fowey is a very popular destination for visitors to Cornwall with the King of Prussia benefiting from a very strong seasonal uplift. With continual investment year on year the King of Prussia is a well-presented pub refurbished to a high standard.
Internal Trade Areas:
The main bar is accessed at the front via steps leading from the Harbour square and has approximately 40 covers. Externally to the front of the building is an outside seating area specifically reserved for the KOP in the summer with a further 16 covers and adjacent to this is a covered seating area (locally known as the ‘Butter market’) with the capacity for another 20 covers.
Well appointed letting rooms, the rooms are spacious and with large bathrooms, decorated and furnished to a very high standard. All the letting rooms have excellent views overlooking the river estuary. There is a well-equipped catering kitchen, plenty of storage areas and toilets (on a different level to the bar).
External Trade Areas:
As the site is set right in the heart of the market town of Fowey there is no private parking but there is lots of pay and display parking available close by. There is an outside area Known as ‘The Butter Market’ which is equipped to deliver a variety of takeaway food options being very popular with the seasonal visitors.
Private Accommodation:
Consists of two bedrooms, a lounge and a recently refurbished bathroom with shower. There is no Kitchen but a galley area with sink and kitchen cupboards that is currently utilized as a private kitchen.
New Publican Profile:
The King of Prussia would ideally be suited to an experienced operator with a passion for great food and great service. Experience in B & B letting accommodation would be ideal in order to maximize the great potential this location has to offer.
The King Of Prussia Fowey
Estimated Food Turnover Breakdown
Liquor =
Food = Accommodation =
Rates
Rateable Value from 1st April 2023: £36,500
Likely Ingoing
Deposit £5,000
Fixtures & Fittings approximately £45,000 subject to independent valuation
Stock & Glassware approximately £8,000 subject to independent valuation
Total approximately £58,000
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.
The King Of Prussia Fowey
BDM Comments:
This is a great site with many income streams, it benefits from a large seasonal uplift but also has a steady trade through the winter. Over the years the King of Prussia has built a reputation for great food and a warm welcome.
