As well as being in the centre of Truro the Wig enjoys a prominent position on two streets as it site on the corner aspect. Truro is the capital of Cornwall and as such is privy to many places of interest which add to the trading profile. Being situated close to the court the area is surrounded by offices and shops. The site is also only a 5 minute walk from the hall for Cornwall which adds further to the trading possibilities
The Wig & Pen Truro.
VACANCY FEATURES
TRADITIONAL PUB FOOD
CITY CENTRE LOCATION
DOG ALLOWED IN BAR AREA
THE WIG IS SITUATED ON A PROMINENT CROSS ROADS IN TRURO TOWN CENTRE AND A 3 MINUTE WALK FROM THE COUNTY COURT
A traditional pub in the Center of the city of Truro.
Location:
As well as being in the centre of Truro the Wig enjoys a prominent position on two streets as it site on the corner aspect. Truro is the capital of Cornwall and as such is privy to many places of interest which add to the trading profile. Being situated close to the court the area is surrounded by offices and shops. The site is also only a 5 minute walk from the hall for Cornwall which adds further to the trading possibilities.
Internal Trade Areas: The internal trading area is single bar and open plan in an L shape it has two open fires and has been decorated so as to highlight its traditional characteristics. The commercial kitchen is on the first floor and there is a dumb waiter that serves the three floors. underneath the trade area on the ground floor is a further room for which we have planned a refurbishment, this room has an internal entrance as well as a separate external entrance.
External Trade Areas: The site benefits from being in a prominent position and has a wrap around
balcony stroke patio that benefits from having the sun on it all through the day and into the evening. It
is the ideal place to enjoy that drink and watch the world go round.
Private Accommodation: Private accommodation is mixed in with some trade area as the kitchen is
upstairs, there is a private kitchen and lounge and also a large double bedroom and bathroom.
New Publican Profile: The ideal candidate should have a good understanding of the different trading
periods in both the day and week of a busy town centre pub. They should be able to utilise social media
and have the imagination to attract local office workers and shoppers alike.
Estimated Food Turnover Breakdown Liquor = 45% Food = 55% Accommodation = 0%
Rates Rates payable TBC
Likely Ingoing Deposit 25% of rent
Fixtures & Fittings approximately £33,000 subject to independent valuation
Stock & Glassware approximately £5000 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 talent & drive and we will help with the finance .
Previous Trade
2022
139 Barrels of draught and bottled beer & cider
4,915 litres of mineral
3,504 litres of wine and spirits (inc PPS)
2023
159 Barrels of draught and bottled beer & cider
5,262 litres of mineral
3,595 litres of wine and spirits (inc PPS)
Just to be clear
Please be aware that the trade figures quoted may have been affected by the recent Covid pandemic.
COSTS Rates TBC
Likely Ingoing TBC
BDM Comments. The Wig is situated on a prominent cross roads in Truro town centre and a 3 minute
walk from the county court. We are in the process of finalising planning permission to add another
dining area catering for approximatly 30 coverso the pub.
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
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