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REFURBISHMENT PLANNED

Globe & Ale House

Queen Street, Penzance, Cornwall, TR18 4BJ

Ingoing Cost: £13,635
Annual Rent: £19,200

Features
Trading style
Key financials

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Coastal

Property details

Nestled in the centre of the busy tourist town of Penzance, the Globe & Ale House occupies a prominent corner position. Surrounded by shops and within easy walking distance to the beautiful promenade, this pub can attract a wide customer base ranging from shoppers and town locals to tourists visiting the beautiful Cornish coast.

The Globe & Ale House will be undergoing a refurbishment which will cover the exterior of the pub.

The pub trading area and facilities post refurbishment will be:

Main trading area with central bar
40 internal covers
SmartDispense

The private accommodation consists of two bedrooms, a living room, a kitchen, and a bathroom.

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Cask Ale

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Team Games

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Live Entertainment

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Live Sports

Trading style

The pub currently has a superb reputation for serving a large variety of fine cask ales, beers & ciders along with wines and spirits This drinks-led, bustling town centre local proves popular at present with its entertainment offer and televised sporting events and this should feature significantly in any future business plan.

Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you.

Understanding of the local community
You know what it takes to build a successful business
You love hospitality and are great with customers
Good marketing ideas

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub's next chapter.

Key financials

Reference Number: 8M9JTW / 0091502101
Agreement Type: Tenancy

Min Ingoing Cost: £13,635.00
Annual Rent: £19,200.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware energy performance certificates are available from the landlord.

Annual Rent £19,200
Estimated Annual Turnover £319,760
Deposit £4,800
Estimated Fixtures & Fittings Value £2,535
Estimated Stock Valuation £2,800
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £13,635
Estimated Minimum Ingoing Costs £13,635

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

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