Property Details
Pugh Auctions
Lot 118
Lot 118
Auction: December 2018

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

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

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

THIS PROPERTY WILL NOT BE SOLD PRIOR TO AUCTION.

1) Gross yield circa 15%.

2) Energy Performance Certificate = C.

3) The property is offered with an extended 8 week completion.

Property Location Address:
The Beehive Public House,
6 Coinagehall Street,
Helston,
Cornwall,
TR13 8EB
Open in Google Maps
Auction Details
Auction: December 2018 Date: 6th December 2018 Lot Number: 118 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

Get In Touch

Do you have a query, or a property to sell? Complete this form and an expert will be in touch promptly.

Here at Pugh we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. Unless indicated in the box above, we will not use your information for marketing purposes. See PRIVACY POLICY.

Sending Enquiry...
Your enquiry has been sent. One of our experts will be in touch shortly.
Pugh & Company Ltd, 4 The Parks, Newton le Willows, WA12 0JQ

Mon-Fri: 09:00am - 5:30pm

Saturday: Closed

Sunday: Closed