South West commercial property firm, Charles Darrow, is offering two popular licensed establishments for sale on the instruction of the receivers Begbies Traynor.
The historic Smugglers Den (above), in the picturesque hamlet of Trebellan near Newquay, is being offered with a guide price of £695,000 for the freehold interest.
The two-storey, sixteenth century, thatched inn provides over 160 dining covers throughout several well-presented areas, together with seating for 120 in the courtyard and beer garden.
The property includes a spacious function room, providing an ideal wedding venue, with the business having recently acquired a Wedding Licence.
The substantial residential accommodation could be divided to provide a holiday let, and a large paddock area offers another source of potential income should the future owner seek the appropriate permissions to allow camping on the site. There is also ample parking space.
Also available is Bustophers (below) in the cathedral city of Truro. This attractive, centrally located property provides flexible accommodation over four floors.
This includes a lower ground floor private dining area, a ground floor open-plan restaurant for approximately 110 covers with a theatre style kitchen, and a first floor dining area/function suite. A charming, enclosed courtyard provides additional dining space.
The property also includes owner’s/manager’s accommodation in the form of a second floor flat, and a substantial bungalow located to the rear.
A thriving bistro/restaurant business previously occupied the property which has benefitted from significant investment and is in good order throughout. It is being offered for sale with a guide price of £495,000 for the freehold interest.
“Both the Smugglers Den and Bustopher Jones Bar & Bistro represent an exceptional opportunity to acquire two outstanding freehold properties, which historically have traded well and produced robust levels of turnover and profit, and which are both still presented in good order throughout,” said Charles Darrow director Jon Clyne.
“We are already receiving considerable interest in both properties, so potential purchasers are advised to make themselves known quickly, with viewings being well attended.”
Story: Neil Bird
Photo: Charles Darrow
