The Cornish Arms stands in a prominent position just on the main road running through Hayle. Hayle itself is situated approximately 15 minutes from St Ives a very popular Cornish town and
has undergone much development in recent years. Hayle is a popular holiday destination with its
glorious golden sands and being surrounded by large holiday Parks. The trading profile has varied
through the season with a large uplift in summer and a steady local trade in the winter. The
Internal Trade Areas: There are three main trading areas at the Cornish a main bar with soft
furnishings as a drinking area and dining tables with about 26 covers all situated to the front of the
premises. Through this area you enter a bespoke dining area situated next to the kitchen and
consisting of around 30 covers. There is also a snug area set out with easy chairs and is set up for that
quiet drink or intimate meeting with around 12 covers. The Trade Kitchen is fully equipped and of good
size a Separate entrance from the rear yard and a separate walk in dry store. There is also in addition to
the 4 bedroom accommodation a separate 2 bedroom flat with its own external entrance currently
used for letting through the summer.
External Trade Areas: To the rear of the pub is good sized garden area which has a Intent style
covered area with festoon lighting lengthening the seasonality of the garden, this area is serviced by its
open BBQ and Smoke house food offer. The total covers of the garden to the rear consists of around 70.
At the front of the pub there is a small patio area with traditional style garden furniture and has around
26 covers. to the front there is also a small parking area for around 4 cars.
Private Accommodation: The private accommodation consists of four bedrooms, a spacious lounge
dining room, a bathroom and private kitchen.
Estimated Food Turnover Breakdown
Liquor = 40%
Food = 520%
Accommodation = 8%
Rates
Rates payable TBC
Likely Ingoing
Deposit 25% of rent
Fixtures & Fittings approximately
£32000 subject to
independent valuation
Stock & Glassware approximately £3000
subject to independent valuation
Total approximately £TBC
Trade Jan-Dec 2021 Jan-Dec 2022 Jan 2023 Dec 2023
Barrels of Draught Beer & Cider
Litres of Minerals
Litres of Wines & Spirits (inc. PPS)
The ideal candidate should have a good understanding of a seasonal trading
business, and able to combine the three income streams in this business. Displaying good food
understanding along with the ability to maximize the accommodation opportunities. They must be
able to develop links locally and be the ‘mein host’
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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