Guide Price: £180,000 plus, The Beehive Public House, 6 Coinagehall Street, Helston, Cornwall, 433+47496

Property Details

Location

The property is situated in Helston Town Centre fronting Coinagehall Street at the junction of Market Place and opposite Church Street. Helston is a market town situated at the northern end of the Lizard Peninsula approximately 12 miles east of Penzance and 9 miles south-west of Falmouth.

Description

To be offered by Auction. A three storey freehold public house investment opportunity currently let and producing an annual income of approximately £27,000 per annum. Believing to measure approximately 3,000 square feet in total, including residential accommodation on the first and second floors the property is let on a 7 year lease from May 2018 with the added security of a personal guarantee. The property is located in a popular and busy market town on the lizard peninsula at the junction of the A394 and A3083, approximately 12 miles east of Penzance and 9 miles south of Falmouth

Accommodation

Cellar

First Floor (part)

Office accommodation

First Floor (part)

Residential accommodation

Second Floor

Residential accommodation

Tenancy

The property is currently let to a Mr N Hicks from 3^rd May 2018 for a period of seven years at £27,000 per annum. A rent review is scheduled for the 5^th year of the tenancy.