A recently refurbished and well presented and contemporary themed 56 cover Bar / Restaurant in a prime trading location in Falmouth.
The Shell Bar is situated on Arwenack Street in the thriving harbour town of Falmouth, on the principal vehicular and pedestrian thoroughfare through the town, close to a number of niche and national retailers. Falmouth requires little introduction as one of the County's foremost destinations given its thriving University and has seen significant infrastructure, residential and commercial investment in recent years and is widely regarded as a very attractive part of the County in which to live and work.
The Shell Bar enjoys a prominent trading location and enjoys high levels of footfall.
The Shell Bar has wide frontage and as one enters the premises there is an attractive bar servery, with tables and chairs for circa 26 covers. A short flight of steps leads to the principal dining area with a circa further 30 covers. To the side and rear of the premises is an extensive preparation/kitchen area.
During our clients tenure the premises have undergone significant decorative updating which provides a contemporary theme. An internal viewing is highly recommended to appreciate the quality of the interior design, the presentation of the bar/restaurant and the commercial trade fixtures and fittings.
In terms of the trade, we understand the catering business has traded on this site for the past circa 25 to 30 years, has been in our clients tenure since the summer of 2014 and is now being sold due to other business commitments. The business currently trades principally as an evening destination, however, there is scope of course to offer an enhanced lunchtime offering.
(all areas and dimensions are approximate)
9.26m x 4.07m. An attractive introduction to the property with tiled floor, two windows and door to the front elevation. Tables and chairs for circa 26 covers, built-in wooden bar servery. Two head Faema coffee machine with separate grinder. Short flight of steps leading to:-
9.94m x 3.14m. Tables and chairs for circa 30 covers. Step down to:-
From the rear restaurant area door through to:-
3.56m x 2.52m. Commercial non slip flooring, door to rear elevation, stainless steel sink and dishwasher.
5.03m x 3.78m. A well equipped commercial kitchen with 6 burner gas cooker with extraction system over. Double hot plate/griddle, two door pizza oven, double fryer, stainless steel work bench and undercounter stainless steel fridge. Through to:-
3.79m x 2.56m. Cupboard space for staff clothing etc and with some base units.
Assignment of the existing Lease commenced April 2010, at a current passing rental of £14,500 per annum, with a 3 year rent review on an internal repairing and insuring basis. We understand the Lease enjoys a Security of Tenure, i.E. Renewable upon its expiration.
General Enquiries Planning
The Energy Performance Rating for this property is within Band D.
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 holds a relevant Premises Licence in respect of the sale of intoxicating liquor on the premises.
We refer you to the valuation office website or call
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: South West Water: Transco:
To be taken at valuation
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.