Charming Callington Bistro and Accommodation on Market
Callington, Cornwall
- Status
FOR SALE
- Date Submitted:
19/01/22
- Advert ID
289188
- Reference
B06703 / Rightbiz
- Call Agent:
- Asking Price: £550,000
- Turnover: £113,165 (£2,176 Per week)
- Net Profit: Not Applicable
Business Details
Popular Bistro with Living Accommodation For Sale
BusinessPlease quote reference B06703
CoGoGo is welcoming to the market The Bulls Head, Callington. An extremely popular and well-established pub restaurant, with an outstanding reputation. The business was initially established in the 1500’s and was home to the oldest landlady prior to our clients taking over in 2017.
Our clients have enjoyed running the business for the last 4-5 years. During their time here, they have built an excellent rapport with the locals and have created a widely renowned friendly/local pub-restaurant. A real community hub with ample regular customers and repeat trade.
The menu comprises traditional English homemade meals, including pies, pizza, pub classics and children’s meals as well as desserts.
The premises are traditionally presented, creating an inviting atmosphere with a homely log burner for the colder months. There is the attractive beer garden area which opens up from the gaming room.
The Bulls Head has an outstanding reputation, The 5-star review status includes high praise comments from customers stating ‘Came in and ordered a lovely meal. Looks were very appetising and the presentation was exquisite. Thoroughly enjoyed my meal. Food was unlike anything I've tasted before so my compliments to the chef. Will definitely come again. ’and ‘Great service and fine ale. Lovely bar staff who are friendly and welcoming with a calendar of live events make this the go to pub in Callington. Also showing live sports and offering food, this pub caters for all people and is particularly popular amongst locals.’
Our clients are offering a hand over period and also advise that the current staff members are a major asset to the business.
Reasons to buy
- The premises are newly refurbished
- Live music licence
- Low overheads
- Excellent reputation
- Living accommodation
- Extremely well established
Bar/ Restaurant
- Tables and chairs
- Bar fridges
- Optics
- Log fire
- Pool table
- Glass wash machine
- Fully fitted commercial kitchen
- Fridges
- Freezers
- Commercial Oven
- Grill
- Microwaves
The Bulls Head would be suitable for all types of people, including a small family, as there is living accommodation above.
Location
The Bulls Head is located on Fore Street in the Heart of Callington is a civil parish and town in south-east Cornwall, England, United Kingdom about 7 miles north of Saltash and 9 miles south of Launceston.
Callington parish had a population of 4,783 in 2001, according to the 2001 census. This had increased to 5,786 in the 2011 census
The business benefits from a high amount of footfall, as well as the local customers and holiday makers.
Premises
The Bulls Head is corner positioned on Fore Street, with excellent eye catching signage.
Ground Floor:
The ground floor has the main bar area with ample fixed seating, tables and chairs, to the rear of the ground floor is the games room which leads out into the beer garden
1st Floor:
The first floor has a function room with 40 covers, the fully fitted commercial kitchen and an office/storage room.
Living accommodation:
2 bedroom self-contained flat
Tenure
We are advised the business is being sold on a Freehold and/or Leasehold Basis.
Freehold £550,000 + Stock at Value.
Leasehold £100,000 + Stock at Value with a new Lease to be agreed.
Hours
The business trading hours are as followed:
Monday to Sunday - 10:30am - 00:00am
Staff
The business is being run and managed by 2 full time and 5 part time staff members.
Financial Profile
We are advised the business generated a turnover of circa £113,000 as of 2022, further financial information can be made available upon request.
Please quote reference B06703
Contact Agent
Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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