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Cornish Pub With Seven Letting Bedrooms For Sale

St Austell, Cornwall, UK
Asking Price:
£9,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

• Cornish pub with seven letting bedrooms
• On main road in densely populated area near St Austell
• All letting bedrooms have private bathrooms – refurbished 2023
• Large public bar (50), lounge bar (20), restaurant (20)
• Fully fitted commercial kitchens
• Attractive patio garden for 50 plus car park (25)
• Three-bedroom owner’s home with self-contained kitchen/breakfast room
• Separate out-building suitable for a variety of uses
• Projected turnover circa £450,000 per annum

Property Information

Property:

Tenancy

Tenancy Terms:

The Duke of Cornwall is available on the basis of a brand new tenancy agreement with St Austell Brewery.

There will be a tie to St Austell Brewery for wet sales products.

Annual rent is quoted at £44,500.

Location:

Located in St Austell, the Duke of Cornwall sits at the west of the town away from the main through road. A large proportion of the trade at the Duke of Cornwall comes from the local population with tourism in the rooms in key holiday times. There is a stream of tourism in the peak season to visit the local tourist spots such as Charles Town and the Eden Project, which is all year round with a lot of concerts.