House For Sale £1,500,000
Property Description
The Fourways Inn is a landmark Freehouse inn at the heart of the picturesque Cornish village of St Minver in North Cornwall, close to Polzeath and Rock beaches. Presenting a unique opportunity to acquire a successful business with 8 refurbished en-suite letting rooms, a newly built terraced 2-bed cottage with separate entrance and a terraced 2-bed apartment.
• Central village location with 8 newly refurbished double ensuite letting bedrooms.
• Newly built apartment with private entrance and 2 double ensuite bedrooms.
• Charming terraced 2-bedroom stone cottage
• In all approx 7341 sq. ft / 682 sq. m
• Car parking with 10-15 spaces, available by private negotiation.
• Additional 4-bed detached stone cottage available via separate negotiation
The Fourways Inn comprises a detached, newly refurbished, three storey stone property with a multi-pitched slate roof and dates back to the 18th Century. With many later additions to the rear and side, it creates a rare opportunity to acquire a picture postcard, freehouse Inn rooted in the history of the charming village of St Minver on Cornwall’s north coast. The village itself has a post office and village hall, garage and pretty church of St Menefreda, with its spectacular stained glass and distinctive steeple.
With 8 large newly refurnished guest bedrooms, there is also a 2- bedroom terraced cottage and a further 2- bedroom apartment. Set in a central location within very easy access to the surf beach of Polzeath, the watersports mecca of Rock and the bustling market town of Wadebridge. Additional car parking offering 10-15 spaces and a detached 4-bed stone cottage are both also available via separate negotiation.
Occupying a prominent position in the centre of the picturesque village of St Minver is located just minutes’ from the north Cornwall coast. The area is best known for its mild climate and outdoor leisure facilities, including sailing, surfing, golf and wonderful walking country over coastal and inland routes. St Minver enjoys a bustling 18th Century pub, Post Office and the impressive church of St Menefreda. Most every-day shopping requirements can be met locally in Rock with its range of delicatessens, bakery, fish monger and butchers. Wadebridge, with its extensive town amenities, is only four miles distant. Locally, there are a wealth of excellent restaurants and pubs including The Mariners Pub in Rock and Restaurant Nathan Outlaw in Port Isaac. Rick Stein’s Seafood Restaurant and Paul Ainsworth’s No. 6 in Padstow can be easily accessed using the ferry and water taxi.
The Fourways Inn offers a superb opportunity to acquire a prominent and unique Cornish Freehouse located in the picturesque village of St Minver. The business is open 7 days a week throughout the year, 11am to 11pm. It trades as a community style freehouse with restaurant and receives an exceptional boost during the seasonal months with many visitors flocking to the area.
In addition, The Fourways Inn hosts a pool and darts team and benefits from a substantial walk-in trade from visitors in the area. Parkdean Holiday Park is located approximately 200 yards away and is a major contributor to trade. We can advise that the current split between wet and dry is 60:30:10 in favour of wet. The business is offered for sale due to the vendors’ desire to retire.
The property has the benefit of a Premises License issued from Cornwall Council. (It is a requirement under the Licensing Act 2003 that the properties serving alcohol have a dedicated premises supervisor who must be the holder of a Personal Licence. Any prospective purchaser is advised to take appropriate specialist advice).
Car parking is available for 10-15 vehicles by private agreement.
Services connected to the premises include mains water, drainage and electricity with LPG for cooking. (We wish to point out that no testing of any of the services has been carried out by the agents).
Financial information will be available to all seriously interested parties following an initial viewing.
Normal fixtures and fittings associated with this type of property are included in the sale and detailed inventory of trade fixtures and fittings will be supplied prior to exchange of contracts.
The property gas a Rateable Value of £11,000 (VOA website 2010) list for the main premises and £590 for the store (opposite). Prospective purchasers should confirm actual rates payable with the local billing authority.
EPC D
The Fourways Inn is available freehold and free-of-tie
Viewings strictly by appointment only.
