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The Queens Hotel 4 Promenade 1,648 SF of 4-Star Retail Space Available in Penzance TR18 4HH
HIGHLIGHTS
- Bar restaurant opportunity on a prime location on The Promenade overlooking Mount’s Bay
- Requires significant refurbishment
- Formerly traded as Gino’s Italian Restaurant for up to 100 covers
- Located on The Promenade in the centre of Penzance
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
The property is being offered with a new 7-year lease, free-of-tie on internal repairing and decorating terms with an asking rental of £50,000 per annum. The bar restaurant formerly traded as Ginos, a very successful Italian, for many years. We believe the site will attract bar restaurant owners wishing to trade from this prominent location on The Promenade, Penzance.
- Use Class: E
- Space In Need of Renovation
- End-of-terrace bar restaurant
- New lease will include fixtures & fittings
- Partially Built-Out as a Restaurant or Café Space
- Energy Performance Rating - E
- Premises Licence issued from Cornwall Council
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Ground | 1,648 SF | 7 Years | $56.50 CAD/SF/YR $4.71 CAD/SF/MO $93,108 CAD/YR $7,759 CAD/MO | Retail | Partial Build-Out | Now |
Ground
| Size |
| 1,648 SF |
| Term |
| 7 Years |
| Rental Rate |
| $56.50 CAD/SF/YR $4.71 CAD/SF/MO $93,108 CAD/YR $7,759 CAD/MO |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Ground
| Size | 1,648 SF |
| Term | 7 Years |
| Rental Rate | $93,108 CAD/YR |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
The property is being offered with a new 7-year lease, free-of-tie on internal repairing and decorating terms with an asking rental of £50,000 per annum. The bar restaurant formerly traded as Ginos, a very successful Italian, for many years. We believe the site will attract bar restaurant owners wishing to trade from this prominent location on The Promenade, Penzance.
- Use Class: E
- Partially Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Energy Performance Rating - E
- End-of-terrace bar restaurant
- Premises Licence issued from Cornwall Council
- New lease will include fixtures & fittings
PROPERTY FACTS
| Total Space Available | 1,648 SF | Building Size | 28,437 SF |
| Property Type | Hospitality | Year Built | 1862 |
| Property Subtype | Hotel |
| Total Space Available | 1,648 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Size | 28,437 SF |
| Year Built | 1862 |
ABOUT THE PROPERTY
The property comprises a lock-up, end-of-terrace bar restaurant within the Queens Hotel building, which is an extensive, multi-storey granite and stone construction built in the 19th Century, under a pitched slate roof with later extensions.
FEATURES AND AMENITIES
- Restaurant
- On-Site Bar
- Meeting Event Space
NEARBY MAJOR RETAILERS
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The Queens Hotel | 4 Promenade
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