Property Details
Pugh Auctions
Lot 064
Lot 064
Auction: October 2018

The Beehive Public House, 6 Coinagehall Street, Helston, Cornwall, TR13 8EB

Property Placeholder
Withdrawn
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 3rd May 2018 for a period of seven years at £27,000 per annum. A rent review is scheduled for the 5th year of the tenancy.

General

Gross yield 15%.
Energy Performance Certificate = C.

Property Location Address:
The Beehive Public House,
6 Coinagehall Street,
Helston,
Cornwall,
TR13 8EB
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Auction Details
Auction: October 2018 Date: 18th October 2018 Lot Number: 064 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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