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Restaurant/cafe for sale

£39,950 Guide price

Lilly's, Islington Wharf, Penryn, Cornwall TR10

Interested in this property? Call +44 1872 395926 * or

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

Property features

  • Comprehensively equipped restaurant premises
  • Ideal husband & wife business
  • Tremendous scope for growth
  • Popular & rapidly expanding location

Property description

A well appointed first floor leasehold restaurant situated in a thriving Boatyard in the popular town of Penryn.

Situation

Lilly's is situated in the Islington Wharf Boatyard in the historic Cornish town of Penryn which has a resident population of approximately 7,000 with a number of affluent villages in the surrounding area including Flushing and Mylor. The harbourside town of Falmouth is approximately 2 miles distant which boasts a further population of 22,000.

Description

The business has been operated by our clients as a restaurant currently trading evenings only and they currently offer a selection of English and Chinese fayre although it is felt that the premises will appeal to a number of differing users as the premises have been used for a variety of restaurant purposes over the recent years.

The Accommodation Comprises

(all areas and dimensions are approximate)

Main Restaurant Area

8.07m x 7.62m. A light and airy room affording elevated views down the Penryn River with tables and chairs for approximately 26 covers, exposed beams, wall mounted television.

Bar/Servery

Counter with 2 double bottle fridges, wine fridge, Epos till and coffee machine.

Second Dining Room

5.81m x 4.71m. A delightful room enjoying a view over the boatyard with table and chairs for approximately 20 covers, flat screen TV and piano. This room would be ideally suited for private functions etc.

Commercial Kitchen

Comprising in brief, 6 ring and 4 ring ovens, Samsung microwave, Lincat grill, table top fryer, stainless steel tables, dishwasher, stainless sink and drainer.

Office/Storeroom

A selection of base units, fridge and fitted desk.

Ladies And Gents W/c's

Storeroom

With a selection of fitted shelving.

Tenure - Leasehold

The premises are available by way of assignment of the existing lease at a current passing rental of £7,800 per annum inclusive of insurance and water charges.

General Information

Local authority
Cornwall Council
General Enquiries Planning

Energy Performance Certificate

The Energy Performance Rating for this property is within Band E.

Inventory

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.

Premises Licence

We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.

Business Rates

We refer you to the government website

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: South West Water: Transco:

Stock

To be taken at valuation.

Superfast Broadband

For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit .

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information

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
Beverley 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.

Property info

What Zoopla users think of Penryn

Overall rating:

  • currently 3.5 stars
Good - 66% (21 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 5
Parks & recreation
  • currently stars
  • 1
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  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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Transport & travel
  • currently stars
  • 1
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Nearby transport

  • Penryn (Cornwall) (0.5 miles)
  • Penmere (1.6 miles)
  • Falmouth Town (2.2 miles)
  • Exeter International Airport (83.9 miles)
  • Cardiff Airport (114.5 miles)
  • The Blaye Airport (132.4 miles)
  • Ponsharden Ferry Landing (0.7 miles)
  • Flushing Falmouth Ferry Landing (1.4 miles)
  • Falmouth Prince of Wales Pier Ferry Landing (1.6 miles)

Nearby schools

View all schools in Cornwall
  • Penryn Primary Academy (0.7 miles)
  • Mabe Community Primary School (1.3 miles)
  • Falmouth Primary Academy (1.3 miles)
  • Truro and Penwith College (6.4 miles)
  • Cornwall College (18.5 miles)
  • UTC Plymouth (43.3 miles)
  • Penryn College (0.7 miles)
  • Falmouth School (0.9 miles)
  • Richard Lander School (6.2 miles)
Note: Distances are straight line measurements

Local info for Cornwall

About the neighbours in TR10

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For more information about this property, please contact
Miller Commercial, TR1 on +44 1872 395926 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Miller Commercial, and do not constitute property particulars. Please contact Miller Commercial 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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