A centrally located leasehold, licensed premises in the City of Truro. The current owners trade in the evenings only and it is felt however that the premises may appeal to a wide range of business uses as the building has historically been used as a Restaurant and Nightclub.
Soho Bar is situated on New Bridge Street close to the centre of Truro and a number of the City's principal car parks. Truro is the economic hub for Cornwall with a rapidly expanding population of approx 20,000. The City boasts a diverse range of National and Independent businesses and as such attracts significant numbers of visitors year round.
These two storey premises are situated to the rear of a terrace of Businesses off New Bridge Street and are accessed via a covered alleyway. The premises comprise in brief the principal bar seating area to the ground floor with bar/servery, ladies and gents wc's and on the first floor can be found the dance floor with small dj booth and secondary service point.
Since acquiring the property our clients have consistently reinvested in the business and have recently installed Air Conditioning throughout.
Soho Bar is currently trading in the evenings only from Wednesday through to Sunday with a turnover just below the VAT threshold.
It is felt that owing to the presentation, location and size of the premises that the unit may suit a number of alternate business uses although it is apparent that the current business model is indeed viable and the business is being sold owing to our clients plans to relocate.
(all areas and dimensions are approximate)
Approximately 500 sqft with a variety of tables and chairs, 2 wall mounted flat screen televisions, VIP seating area.
Epos till system, dishwasher, wine fridge and 2 triple bottle fridges.
Approximately 500 sqft with dj booth, air conditioning unit, secondary bar service point and access to the fire escape.
The premises are available by way of an assignment of the existing 10 year lease which commenced in September 2015 at a current passing rental of £12,500 per annum, a copy of the lease is available from the Selling Agents.
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 currently holds a premises licence in respect the sale of liquor for consumption on and off the premises.
We refer you to the government website .
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.
For further information or an appointment to view please contact either:-
Paul Collins 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.