Run A Pub In Penzance – The Wellington Hotel Is Available To Lease !

Are you looking to run a pub in the Penzance area? We have wonderful opportunity available to lease ‘The Wellington Hotel’ in Cornwall!

THE PUB IS VERY POPULAR WITH THE LOCAL COMMUNITY, SUPPORTING VARIOUS EVENTS AND ACTIVITIES THROUGHOUT THE YEAR.

With three main income streams including 11 bedrooms, The Wellington benefits from its central position, boasting very good occupancy levels. There is a fantastic opportunity to leverage food and accommodation packages throughout the year – whether it be the St Just festivals, or Christmas and New Year.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Run A Pub In Penzance - The Wellington Hotel Is Available To Lease ! Run A Pub In Penzance – The Wellington Hotel Is Available To Lease !

 

The Wellington Hotel St Just Trade Data

Estimated Food Turnover Breakdown Liquor = 40% Food = 30%

Accommodation = 30% Rates To be advised. Rent To be advised.

Likely Ingoing £25,000 (excluding brewery deposit of £5,000). Brewery Deposit £5,000.

Inventory – Stockware/Glassware Subject to independent valuation.

Trade 2019 2020 2021

Barrels of Draught Beer & Cider 108 66 51 Litres of Minerals 2402 1203 1062 Litres of Wines & Spirits (inc. PPS) 1175 597 547

Rates

To be advised.

Likely Ingoing

£25,000 (excluding brewery deposit of £5,000).

Let A Pub In Cornwall – The Wellington Hotel Penzance Is Now Available !

Private Accommodation: The Private accommodation consists of a separate two bedroom cottage with kitchen diner, lounge and a dining room on the ground floor. The first floor has two bedrooms and a family bathroom with shower.

Location: The Wellington Hotel is situated in the heart of the village of St Just approximately 5 miles from Penzance and the well visited St Michaels Mount. The area also benefits from extensive coastal walks in areas of outstanding natural beauty. There is a strong trade at the Wellington with a mix of accommodation, food and drink, with the Wellington also serving the local community in various events and activities.

Trading Potential: The Wellington has three main income streams, the 11 bedrooms, which due to the central position of the Wellington has very good occupancy levels – popular with those booking individually, as well as the larger walking groups. There is a nice first floor dining area as well as the main bar area for the food and drink and St Just itself boasts some very well attended festivals annually.

There is opportunity to leverage food and accommodation packages as well as taking advantage of some key holiday events like Christmas and New Year.

New Publican Profile: Having previously run an accommodation site will be a distinct advantage, but also the food opportunities especially in the main trading season needs someone confident they can deliver that locally sourced traditional fayre. Like all small towns in the southwest it is important that the ideal candidate be able to get involved in the local activities making the Wellington the centre of what is going on. Internal

Trade Areas: Bar: The trade area consists of a single bar operation catering for approximately 30 covers. On the first floor there is a breakfast room which can also double up as a dining room during the very busy summer months which has a further 30 covers. The site benefits from plenty of storage areas with a spacious cellar situated in an outside building across from the rear door. There is a catering kitchen with an adjoining wash room.

Rooms: The hotel consists of 11 bedrooms all en-suite, with 1 single, 4 family rooms and 6 double/twin. All rooms have benefited from extensive refurbishment and upgrading to current fire regulations. The Wellington is on all the major booking websites but also has strong links with UK and overseas tourist operators.

External Trade Areas: Externally there is a small patio garden area to the rear which is private and peaceful. At the front there is a small seating area overlooking St Just village square.. Although there is no parking at the site there is a large car park about a 2 minute walk away

For more information contact the team today

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T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.

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