Blue Anchor Inn

The Blue Anchor Inn comprises a detached two storey public house with ground floor trade areas and first floor living accommodation. The property has been extended to the rear by way of a single storey construction with flat roof. Immediately to the side and rear of the venue there is a trade patio and two-tier beer garden with children play equipment on the upper level. To the rear of the site is a large, unmarked customer car park, detached single garage/store and an area utilised for basic camper and motor van accommodation (no electric hook up) and a wooded area. Planning has been passed and commenced for the erection of 5 dwellings within the rear car park with 4 hook up pitches for caravans/campers, 2 electric charging points and formalisation of the car park for 40 spaces.

The Blue Anchor is situated in the village of Fraddon which is near the A30 in mid-Cornwall. Fraddon lies about seven miles from Newquay and eight miles from St Austell, whilst the A30 itself is about two miles to the East. St. Columb Road is the nearest Railway Station with St Austell providing the nearest mainline. Newquay Airport lies approximately seven miles to the North West. As a location there are good transport links, due to its mid county position which can be promoted to grow the business.

Fraddon is a village which has grown significantly in recent years and now provides a number of reasonable facilities for its population, including the subject site. Near to Fraddon is the Kingsley Village complex which provides petrol station, McDonalds drive through and restaurant, Premier Inn and Cookhouse, plus a retail hub anchored by Marks and Spencer. The nearest public houses to the subject site are the Penhale Round (adjacent to the Premier Inn) and The London Inn, Summercourt.

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

Dual customer entrances to public bar which is L shaped and provides 61.98sqm(658sft) trade area with wooden bar servery, space for two pool tables and 24 covers. Slate style flooring and attractive double door wood burner (not tested). Two steps down to dining area. Access to gents and accessible WCs. Exposed ceiling beams. To the rear of the bar is the beer cellar (6.5m x 3.2m) with double door delivery access to rear. Restaurant (10.6m x 3.9m) with seperate customer entrance and space for 32 covers. Access to inner hallway with ladies WCs, access to kitchen and upper floor. Kitchen (4.2m x 3.7m plus 2.7m x 1.9m). L shaped with two recessed full height stores. Extraction (not tested). Rear access door.

The first floor provides for landing with access to Lounge (4.6m x 4.1m), double bedroom (4.3m x 4m), office (3.2m x 2.4m), double bedroom (not inspected), double bedroom (3.5m x 3.1m), double bedroom (3.7m x 3.3m), bathroom and separate WC.

Immediately to the side and rear of the venue there is a trade patio and two-tier beer garden with children play equipment on the upper level which overall can accommodate 50 covers. Stone storage barn. Customer parking for 40 vehicles in addition to raised lawned area for camping and woodland to rear. Inner yard for deliveries and useful storage room (4.6m x 2.9m plus recess).

The current planning includes the demolition of the single garage/store and the development land can be separated from the existing title if required.

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £8,600. Subject to the buyers situation this may qualify for small business rates relief. Council tax band A.

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

C (63)

Each party to be responsible for their own legal fees in relation to this transaction.

All figures quoted are exclusive of VAT if applicable.