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Pub/bar for sale

£15,000

Southgate Place, Launceston PL15

Interested in this property? Call +44 1803 268798 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Licensed Bar with Commercial Kitchen
  • Situated within a Substantial Period Property
  • Main Bar + Seating Area, ladies 7 Gents cloakrooms, Ample Storage
  • Versatile Private Accommodation
  • Huge Potential to Extend Trading Hours and Rebuild the Business

Property description

Angels Bar is a substantial period building consisting of a lower ground floor, currently used for storage and the beer cellar, the commercial ground floor and a private two bed maisonette above. Angels currently trades as a cocktail bar at weekends only, however, the business previously traded seven days a week 12am to 12pm. The bar hosted dj nights, themed evenings and was also available for private functions. The unit has a commercially fitted kitchen and previously offered a selection of hot and cold Tapas. The current owner has only reduced the trading hours due to other business commitments therefore providing the next owner with huge potential to extend the trading hours and rebuild the business whether that be as a licensed bar or diversifying into a more food orientated business.Launceston is on the A30 trunk road, the main route in to Cornwall for both visitors and residents and is approximately 40 miles west of Exeter, 25 miles north of Plymouth and 20 miles east of Bodmin. It is roughly midway between the north coast of Cornwall at Bude and the south coast at Saltash. Dartmoor National Park is less than 10 miles distant. Angels Bar is located adjacent to Launceston's famous 13th century Southgate Arch which is the only one of three arches to remain in what is left of the original town wall.


Main trade area


With road level access, traditional stone and slate building with side entrance and bay window. Vinyl flooring throughout and seating for 6 at 3 cocktail tables with bar stool seating. Steps leading up to Bar with acoustic laminate flooring, wall mounted roll top bar surround and 3 cocktail tables providing seating for 13 with window overlooking The Bakers Arms beer garden. The trade area is fitted with a Bell Ringer 250 watt speaker system, Samsung 50 inch wall mounted TV, wall mounted air conditioning and heating unit, further Samsung TV with 4 screen CCTV and 32inch Samsung TV which offers Sky Sports.


Bar servery


Roll top work surfacing with painted wood panelling below, 1 large upright bottle fridge, Comenda glasswasher, 2 bar mounted optic holders, unit with 3 beer pumps, Casio electric cash register. Back bar with wall mounted shelving units and ceiling mounted spotlights.


Commercial kitchen


Not currently used however, the equipment ranges from a commercial extraction system, stainless steel splashback, Lincat 2 hob electric cooker, contact grill, oven and deep fat fryer, 2 commercial microwaves, 2 domestic under counter fridges, domestic freezer, chest freezer, commercial dishwasher, Rinnai infinity water boiler and a selection of utensils, crockery, cutlery and glasses.


Lower ground floor


Stairs down from main trade area leading to:-


Ladies cloarkoom


With WC and wash hand basin.


Gents cloakroom


With WC and wash hand basin.


Dry stores room


With upright freezer and chest freezer.


Storage room


With separate entrance from Angel Hill, housing the bars Python system (chiller actually kept under the main bar).


Ladies & gents cloakrooms


With SaniFlow system.


Private accommodation


With steps up from the main road, leading to:-

bedrooms 1&2
Currently let out individually with separate bathroom containing a full bathroom suite. Further steps leading up to :-


First floor


This accommodation is let out as a bedsit.Kitchen DINERLeading through to shower and wash hand basin.Lounge/BEDROOMPreviously the accommodation has been occupied as one unit providing a 2-bedroom maisonette and has also traded as a bed & breakfast.


General information

rateable value


2017 List: £4,400. This is not rates payable. Council Tax A. For information, we advise you to contact the Local Authority, Cornwall Council.


Tenure


The premises are held on a Fully Repairing and Insuring Lease with a term of 15 years from January 2010. The rent is currently £15,888 per annum and the Lease allows for 3 yearly Rent Reviews. The ingoing Tenant is to be responsible for the outgoing Tenants Reasonable Legal Fees. We have been informed that the premises will be available with vacant possession.


Services


We have been advised that the property is connected to mains water, gas and electric.


Inventory


To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

EPC Exempt


Property info

What Zoopla users think of Launceston

Overall rating:

  • currently 3.5 stars
Good - 67% (25 ratings)

Ratings breakdown:

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Nearby transport

  • Gunnislake (10.3 miles)
  • Calstock (11.7 miles)
  • Bere Alston (12.6 miles)
  • Exeter International Airport (42.0 miles)
  • Cardiff Airport (68.7 miles)
  • Bristol Airport (88.1 miles)
  • Torpoint Ferry Terminal (19.5 miles)
  • Devonport Ferry Terminal (19.6 miles)
  • Plymouth Stonehouse Ferry Terminal (20.6 miles)

Nearby schools

View all schools in Cornwall
  • Windmill Hill Academy (0.1 miles)
  • St Catherine's CofE Primary School (0.8 miles)
  • St Stephens Community Academy (0.8 miles)
  • UTC Plymouth (19.6 miles)
  • City College Plymouth (20.0 miles)
  • Cornwall College (27.4 miles)
  • Launceston College (0.5 miles)
  • St Joseph's School (0.6 miles)
  • Callington Community College (9.2 miles)
Note: Distances are straight line measurements

Local info for Cornwall

About the neighbours in PL15

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For more information about this property, please contact
Bettesworths, TQ1 on +44 1803 268798 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bettesworths, and do not constitute property particulars. Please contact Bettesworths for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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