New free of tie lease for this Freehouse, restaurant and takeaway adjacent to a holiday park between Bude and Holsworthy. Very well equipped and ready to trade.
The Red Post Inn and Takeaway is situated on the junction of the A3072 and the B3254 between Bude and Holsworthy on the edge of the Cornwall and Devon border. The nearest town being Bude, is regarded as one of Cornwall's foremost holiday destinations, famous for its miles of sandy surfing beaches at Widemouth Bay, Crooklets and Summerleaze.
Also, this is an ideal location to explore the North Devon coast, Dartmoor and the villages around West Devon, as a consequence, there are a number of holiday parks and serviced accommodation in the area making this a popular holiday destination.
The Red Post Inn and Takeaway is situated adjacent to a holiday park, which principally operates on a seasonal basis and as a consequence the Red Post Inn and Takeaway achieves a seasonal uplift. Given its location on this intersection, we are advised the Takeaway element of the business have proven to be very popular.
The Red Post Inn comprises a single storey property which has a well equipped commercial kitchen, with direct access to the takeaway element and the bar/restaurant has its own entrance and is set up for circa 48 covers. To the rear of the Red Post Inn is an open area for further dining.
The Red Post Inn has been in our clients tenure for the past circa five and a half years and in terms of the trade, we understand the restaurant accounted for circa 70% of the turnover with the remainder being the takeaway element.
The business is to be offered with the benefit of a new 7 year lease on a full repairing and insuring basis at an initial passing rental of £15,000 per annum.
Glazed entrance porch with tiled flooring, door to main bar and opening to takeaway service counter with bottle fridge, electronic cash register and serving hatch to car park.
5m x 4.21m. With carvery unit, tables and chairs for 4 covers, bar stools, door to rear courtyard, slate flagged flooring.
With triple bottle fridge, coffee machine, epos till system and upright wine fridge.
9.93m x 4.6m. Dual aspect room with wood burning stove, feature fireplace, tables and chairs for approximately 48 covers, bar service point, doorway to
Both with disabled friendly cubicles.
4.88m x 4m. Comprehensively equipped kitchen comprising in brief two counter fridges, hot plate, 6 ring gas oven, Ace griddle, four table top fryers, convection oven, two microwaves.
With twin stainless sink and drainer, commercial dishwasher.
Giving access for deliveries with washing machine.
4.57m x 3.18m. Situated off of the kitchen comprising a range of shelving, chest freezer, one large upright stainless steel double fridge, one large upright double stainless steel freezer.
The Red Post Inn enjoys parking to the front elevation with additional overflow parking under License. To the rear of the property is an enclosed courtyard with picnic benches, a covered smoking area, covered bin store. We are advised that the customers of the Red Post Inn can make use of a further area of outside seating beyond the courtyard this is also to include use of the children's play area owned by the adjoining holiday park.
New 7 year lease which will enjoy the Security of Tenure Provision of the Landlord and Tenant Act (i.E. Automatically renewable) with an initial passing rental of £15,000 per annum, with a rent review on the fourth anniversary on a full repairing and insuring basis.
General Enquiries Planning
The Energy Performance Rating for this property is within Band G.
An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.
We understand the business currently holds the relevant Premises Licence in respect of the sale of intoxicating liquor on the premises.
We refer you to the government website .
To be taken at valuation.
For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit .
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.
For further information or an appointment to view please contact either:-
Graham Timmins on or via email or
Paul Collins on or via email or
Beverly Northey on or via email
Plans: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.
Agents note: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.
Miller Commercial is the trading name of Miller Commercial llp registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial llp is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial llp. VAT Registration No.
viewing: Strictly by prior appointment through Miller Commercial.